New Pahrump Fourplex For
1861 Five Feathers Street, Pahrump, NV 89048
- Added:
- Apr 21, 2026
- Days on Market:
- 26
- Last Refresh:
- May 16 at 11:06 pm
Property Features for 1861 Five Feathers Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Dishwasher, Microwave, Oven, Range, Refrigerator
- Standard status
- Pending
- APN
- 38-512-07
- Size
- 4,388 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Annual Amount
- 120
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Block, Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing agent Jill Amsel License #BS.0063646 (702) 683-6563
Listing office Realty ONE Group, Inc 8395 W Sunset Rd #190, Las Vegas, NV (702) 898-1010
Listing date Apr 21, 2026
MLS# 2775255
Listing URL
Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brand new construction (built in 2026) with a full warranty.
- Each unit features 3 bedrooms and 2 bathrooms.
- Modern finishes including custom cabinets, quartz counters, and stainless steel appliances.
- Durable and stylish luxury vinyl plank flooring throughout the main living areas.
- Convenient in‑unit laundry area.
- Central heating and cooling for year‑round comfort.
Overview
This is a new fourplex property located in Pahrump, Nevada. Each of the four units features 3 bedrooms and 2 bathrooms within a 1,097 square foot layout. The units include custom cabinets, quartz counters, and stainless steel appliances such as an electric stove, microwave, refrigerator, and dishwasher. Each unit also has a separate laundry area. The living rooms and bedrooms are equipped with ceiling fans. Luxury vinyl plank flooring is installed throughout the units, with carpeted bedrooms. The property is situated on a 0.356-acre lot. The property comes with a full 1-year bumper-to-bumper warranty, a 2-year warranty for all major systems, and a 6-year structural warranty.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$433.3K
NOI $38,998 @ 9.00% cap · cautious / downside scenario
Moderate
$557.1K
NOI $38,998 @ 7.00% cap · market / base-case scenario
Aggressive
$780.0K
NOI $38,998 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $13.56 |
| − Vacancy | −$3.8k | −$0.86 |
| EGI | $55.7k | $12.70 |
| − OpEx | −$16.7k | −$3.81 |
| NOI | $39.0k | $8.89 |
4,388 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$557.1K
$487.5K – $650.0K
NOI $38,998 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$513.3K
$449.2K – $598.9K
NOI $35,933 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,604 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pahrump
- County
- Nye
- State
- Nevada
- Longitude
- -115.980253
- Latitude
- 36.199494
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - New fourplex in Pahrump, each unit with 3 beds/2 baths.
Where is this quadplex located?
The property is located at 1861 Five Feathers Street Pahrump, NV.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Brand new construction (built in 2026) with a full warranty.; Each unit features 3 bedrooms and 2 bathrooms.; Modern finishes including custom cabinets, quartz counters, and stainless steel appliances.
