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Fourplex with 2BR/1BA Units

1871 COSMIC Drive Las Vegas, NV 89115

Claim this Listing
For Sale
$590,000

MULTI_FAMILY - Other - Las Vegas, NV

Property size:
3,212 SF
Lot size:
0.17 Acres
Price / SF:
$183.69/SF
Added:
Jul 6, 2026
Days on Market:
9
Last Refresh:
Jul 14 at 6:06 am

Property Features for 1871 COSMIC Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Patio and Porch features
Patio
Interior features
Window Treatments
Appliances
Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
Standard status
Active
APN
140-19-712-008
Size
3,212 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Annual Amount
2301

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1987
Floors in Building
2
Number of units
4
Flooring type
Carpet
Building materials
Wood Frame
Roof type
Shingle, Composition
Architectural style
Other

Listing agent Constantin Oliver Ene License #B.1002107

Listing office Ameropan Realty and Property 6284 S Rainbow #100, las vegas, NV

Listing date Jul 6, 2026

MLS# 2797795

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.


Investment Insights

Based on property information with market context.

This fourplex offers four separate 2-bedroom, 1-bath units. Each unit includes appliances and a washer and dryer. The property is set up as a residential income asset with a single building housing all four homes.

The building is located in Las Vegas, NV 89115, with convenient access to schools, bus lines, freeways, shopping, entertainment, and employment. The community amenities include a pool, spa, and playground.

For buyers seeking a straightforward four-unit residential investment, the unit mix and in-unit laundry support day-to-day tenant usability. Each unit being similarly configured with appliances can simplify leasing and maintenance planning. The shared pool, spa, and playground may also help make the community more appealing to prospective residents.

Key Highlights

  • 4‑plex with four 2 bed/1 bath units
  • Each unit includes appliances and in‑unit washer & dryer
  • Central heating and central air conditioning

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $52.0k $16.20
− Vacancy −$2.7k −$0.84
EGI $49.3k $15.36
− OpEx −$14.8k −$4.61
NOI $34.5k $10.75
3,212 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$493.3K
$431.6K – $575.5K (±1% cap)
NOI $34,530 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$455.5K
$398.6K – $531.5K (±1% cap)
NOI $31,887 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$960.3K
$840.3K – $1.12M (±1% cap)
NOI $67,221 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office HVAC Service Spa & Massage Center Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four individual two-bedroom, one-bath homes, each with appliances and in-unit washer/dryer, inside a shared resort-style community.
Where is this quadplex located?
The property is located at 1871 COSMIC Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 4‑plex with four 2 bed/1 bath units; Each unit includes appliances and in‑unit washer & dryer; Central heating and central air conditioning
Contact an agent
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