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New Fourplex Investment Opportunity
For Sale
$759,999

1881 Big Horn St, Pahrump, NV 89048

New fourplex in Pahrump, NV, completion by Nov 2025.

Property Size4,480 SF
Price / SF$169.64
Days on Market322

Property Features for 1881 Big Horn St

General Information

Standard status Active
Size 4,480 SF
Property subtype Multi-Family

Building Details

Year Built 2025
Listing Agency: Congress Realty
Listed By: Jared A. English · License #0561973
Source: Findavegashouse
Added: Nov 28, 2025 Changed: Sep 15 Last Checked: Oct 7 at 1:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Congress Realty

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Investment Insights

Based on property information with market context.

This new fourplex, scheduled for completion by November 2025, presents an investment opportunity in the Pahrump, NV market. Each of the four units includes 3 bedrooms, 2 bathrooms, and a utility room. The units offer 1,120 sq. ft. of living space and feature vinyl flooring, quartz countertops, and white soft-close cabinetry. The open-concept floor plan provides a modern living space.

Key Highlights

  • Brand‑new fourplex construction, completed by Nov 2025, offering a modern investment property.
  • Located in the rapidly growing Pahrump, NV market.
  • Each unit features 3 bedrooms and 2 bathrooms with 1,120 sq. ft. of living space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,815
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,300 $796.3K
Cap Rate 7%
$568,786 $568.8K
Cap Rate 9%
$442,389 $442.4K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$60.7K $13.56/SF
− Vacancy
−$3.9K −$0.86/SF
EGI
$56.9K $12.70/SF
− OpEx
−$17.1K −$3.81/SF
NOI
$39.8K $8.89/SF
Area
Nye County, NV
Vacancy
6.37%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,300
Cap Rate 7%
$568,786
Cap Rate 9%
$442,389

Alternative Uses

Best Use
Multifamily LT 5
$568.8K
$497.7K – $663.6K (±1% cap)
NOI $39,815 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$524.1K
$458.6K – $611.5K (±1% cap)
NOI $36,687 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,651 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Garden Center Kitchen & Bath Showroom Grocery & Convenience Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 89048, NV

25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - New fourplex in Pahrump, NV, completion by Nov 2025.
Where is this quadplex located?
The property is located at 1881 Big Horn St Pahrump, NV.
What is the asking price?
The asking price for this property is $759,999.
What are key features of this property?
This property features: Brand‑new fourplex construction, completed by Nov 2025, offering a modern investment property.; Located in the rapidly growing Pahrump, NV market.; Each unit features 3 bedrooms and 2 bathrooms with 1,120 sq. ft. of living space.
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