Single-Story Duplex with Covered
New
For Sale
$429,900
204 N Kola St, Henderson, NV 89015
Both residences offer two bedrooms, one bathroom, laundry hookups, and a range/oven.
Property Size1,739 SF
Price / SF$247.21
Days on Market7
Property Features for 204 N Kola St
General Information
Standard status
Active
Size
1,739 SF
Property subtype
Multi-Family
Building Details
Year Built
1993
Listing Agency:
United Realty Group
(702) 586-0032
Listed By:
Kristina Allan
(702) 302-2108
Source:
Kallanlvre
Added: Oct 2
Changed: Oct 7
Last Checked: Oct 7 at 12:28PM
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 United Realty Group
Investment Insights
Based on property information with market context.
This single-story duplex contains 1,739 square feet across two residences. Each unit has two bedrooms and one full bathroom, along with washer and dryer hookups. Kitchens include a range/oven and fan hood.
The property occupies a 7,405-square-foot lot, or 0.17 acres, with yard space and covered parking. Built in 1993, it is located on Kola Street in Henderson.
The property occupies a 7,405-square-foot lot, or 0.17 acres, with yard space and covered parking. Built in 1993, it is located on Kola Street in Henderson.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 1,739‑square‑foot building on a 7,405‑square‑foot lot (0.17 acres)
- Single‑story construction; built in 1993
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,135
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,700
$402.7K
Cap Rate 7%
$287,643
$287.6K
Cap Rate 9%
$223,722
$223.7K
Market Conditions
NOI Build-Up for 1,739 SF
Gross rent
$30.3K $17.40/SF
− Vacancy
−$1.5K −$0.86/SF
EGI
$28.8K $16.54/SF
− OpEx
−$8.6K −$4.96/SF
NOI
$20.1K $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%
$402,700
Cap Rate 7%
$287,643
Cap Rate 9%
$223,722
Alternative Uses
Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K
NOI $20,135 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$264.2K
$231.2K – $308.3K
NOI $18,497 @ 7.0% cap · market cap 4.30%
Theoretical Best
Specialty Retail
$609.2K
$533.0K – $710.7K
NOI $42,643 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, laundry hookups, and a range/oven.
Where is this duplex located?
The property is located at 204 N Kola St Henderson, NV.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 1,739‑square‑foot building on a 7,405‑square‑foot lot (0.17 acres); Single‑story construction; built in 1993
