Four-Unit Corner-Lot
200 Kola Street, Henderson, NV 89015
For Sale
$707,777
Residential, Henderson, NV
Property Size3,060 SF
Lot Size0.17 Acres
Price / SF$231.30
Days on Market99
Property Features for 200 Kola Street
General Information
Property type
Property subtype
Window features
Interior features
Appliances
Subdivision
Elementary school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
General Realty Group Inc
(702) 736-4664
Listed By:
Steven Aboulafia · License NV S.0040153
(702) 497-8006
Added: Aug 8
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 2807484
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.
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Investment Insights
Based on property information with market context.
This four-unit residential income property contains 3060 square feet on a 0.17-acre corner parcel. Built in 1979, the stucco property includes storage, ceiling fans, window treatments, and programmable thermostats. Interior finishes include carpet, ceramic tile, and vinyl flooring, while the kitchen appliances include a range, oven, refrigerator, microwave, disposal, exhaust fan, and range hood. Central air conditioning and electric central heat serve the building.
Tenants are currently in place. The property is located near Center Street and Kola Street, with access to Boulder Highway, Lake Mead Parkway, shopping, dining, and daily services. Public water and public sewer serve the property.
Tenants are currently in place. The property is located near Center Street and Kola Street, with access to Boulder Highway, Lake Mead Parkway, shopping, dining, and daily services. Public water and public sewer serve the property.
Key Highlights
- Four‑unit property with tenants currently in place
- 3060 square feet on a 0.17‑acre corner lot
- Located near Center Street and Kola Street in Henderson, NV 89015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,430
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,600
$708.6K
Cap Rate 7%
$506,143
$506.1K
Cap Rate 9%
$393,667
$393.7K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$53.2K $17.40/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$50.6K $16.54/SF
− OpEx
−$15.2K −$4.96/SF
NOI
$35.4K $11.58/SF
Area
ZIP 89015
Vacancy
4.94%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,600
Cap Rate 7%
$506,143
Cap Rate 9%
$393,667
Alternative Uses
Best Use
Multifamily LT 5
$506.1K
$442.9K – $590.5K
NOI $35,430 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$465.0K
$406.9K – $542.5K
NOI $32,548 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$1.07M
$937.9K – $1.25M
NOI $75,035 @ 7.0% cap · market cap 10.60%
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
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 89015, NV
41,203
Population
16,812
Households
2.5
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
37.3 sq mi
ZIP Area
1,105
Density / Sq Mi
$71,300
Median Household Income
$41,509
Median Earnings
$1,324
Median Rent
$373,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Clark County, NV
Properties on Market for Quadplexes in Clark County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Occupied multi-unit property with public utilities, central heating and cooling, and access to neighborhood services.
Where is this quadplex located?
The property is located at 200 Kola Street Henderson, NV.
What is the asking price?
The asking price for this property is $707,777.
What are key features of this property?
This property features: Four‑unit property with tenants currently in place; 3060 square feet on a 0.17‑acre corner lot; Located near Center Street and Kola Street in Henderson, NV 89015
