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Fourplex with Washer/Dryer Units

1899 Cosmic Drive Las Vegas, NV 89115

1899 Cosmic Drive, Las Vegas, NV, 89115
$590,000
For Sale
$590,000

MULTI_FAMILY - Other - Las Vegas, NV

Property Size3,212 SF
Lot Size0.16 Acres
Price / SF$183.69
Days on Market11

Property Features for 1899 Cosmic Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned
Appliances
Dishwasher, Electric Water Heater
Standard status
Active
APN
140-19-712-010
Size
3,212 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Annual Amount
2301

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1987
Floors in Building
2
Number of units
4
Flooring type
Tile, Vinyl
Building materials
Stucco, Wood Frame
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency Ameropan Realty and Property
6284 S Rainbow #100, las vegas, NV
Listed by Constantin Oliver Ene · License #B.1002107
Added: Jul 6 Checked: Jul 16 at 7:06 pm
MLS# 2797635

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 for-sale fourplex offers four individual units, each configured as 2 bedrooms and 1 bathroom. Units include appliances and in-unit washer and dryer, supporting straightforward move-in readiness. The property totals 3,212 square feet and sits on a 0.16-acre lot.

Located in Las Vegas, Nevada at 1899 Cosmic Drive, the building is described as convenient to schools, bus lines, freeways, shopping, entertainment, and employment. The community amenities include a pool, spa, and playground.

For investors or owner-operators seeking a residential income property, this 4-plex format provides four distinct units under one roof, with in-unit laundry being a practical differentiator for tenant appeal. The community features pool, spa, and playground, which can add convenience and recreation for residents within the property setting.

Key Highlights

  • 4‑plex building with each unit offering 2 bedrooms and 1 bathroom
  • Each unit includes appliances, including washer and dryer
  • Central heating and central air; natural gas central HVAC

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 separate 2-bedroom, 1-bath units with in-unit appliances and washer/dryer, plus community pool, spa, and playground.
Where is this quadplex located?
The property is located at 1899 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 building with each unit offering 2 bedrooms and 1 bathroom; Each unit includes appliances, including washer and dryer; Central heating and central air; natural gas central HVAC
Contact an agent
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