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Modern Fourplex Under Construction
For Sale
$759,999

1881 Big Horn Street, Pahrump, NV 89048

Residential, Pahrump, NV

Property Size4,480 SF
Lot Size0.34 Acres
Price / SF$169.64
Days on Market359

Property Features for 1881 Big Horn Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Parking 10
Interior features Ceiling Fan(s)
Appliances Electric Water Heater, Disposal, Microwave, Oven, Range
Subdivision Calvada Valley U3
Elementary school ,
Directions Left on E Ambush and right on Big Horn
Standard status Active
APN 42-141-17
Size 4,480 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Annual Amount 6182

Utilities

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

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Stucco, Wood Frame
Roof type Tile
Architectural style Other
Listing Agency: Congress Realty
Listed By: Jared A. English · License #B.1001537
Added: Nov 13, 2025 Changed: Oct 19 Last Checked: Nov 6 at 10:06AM
MLS# 2734902

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.

Rey
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Investment Insights

Based on property information with market context.

This under-construction quadplex contains four residential units within a 4,480-square-foot building on a 0.34-acre lot. Each unit is designed with 3 bedrooms, 2 bathrooms, a dedicated utility room, and 1,120 square feet of living space. Interior specifications include vinyl flooring throughout, quartz countertops, white soft-close cabinetry, ceiling fans, and open-concept layouts. The property is scheduled for completion by November 2025 and carries a 2025 year built designation.

Located at 1881 Big Horn Street in Pahrump, Nevada, the property is served by public water and public sewer. Construction includes stucco and wood-frame materials, with a tile roof, concrete flooring, central electric heating, and electric water heaters. Appliances include a disposal, microwave, oven, range, and electric water heater.

Key Highlights

  • Fourplex with 4,480 square feet of building area on 0.34 acres
  • Four units, each with 3 bedrooms, 2 bathrooms, and 1,120 square feet
  • Under construction with completion scheduled by Nov 2025

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

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

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 - Four residential units offer three-bedroom layouts with private utility rooms and contemporary interior finishes.
Where is this quadplex located?
The property is located at 1881 Big Horn Street 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: Fourplex with 4,480 square feet of building area on 0.34 acres; Four units, each with 3 bedrooms, 2 bathrooms, and 1,120 square feet; Under construction with completion scheduled by Nov 2025
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