2658 Karen Avenue, Las Vegas, NV 89121
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Jun 27, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 2658 Karen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Patio and Porch features
- Patio
- Interior features
- Window Treatments
- Appliances
- Dryer, Dishwasher, Refrigerator, Water Heater, Washer
- Standard status
- Active
- APN
- 162-12-112-020
- Size
- 4,492 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3016
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile
- Building materials
- Wood Frame
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Junko Shimada License #S.0173393 (702) 635-6249
Listing office Realty ONE Group, Inc 10750 W Charleston Blvd #180, NV (702) 898-1221
Listing date Jun 27, 2026
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.
HighLights
- Fourplex built in 1974 with public water and public sewer
- Private garage and private patio provided for every unit
- Unit 3 updated in 2024
- Fully occupied for immediate rental income
- Central natural gas heating and central air conditioning
- Appliances included: washer, dryer, dishwasher, and refrigerator
Overview
The property is located in Las Vegas, Nevada (89121). According to the listing remarks, it is just minutes from Sunrise Hospital and the Las Vegas Strip, placing it within an area that can support tenant demand for convenient access to major destinations.
With four separate units, this layout can appeal to investors and owner-operators looking for a small multifamily asset with dedicated outdoor space and covered parking per unit. The combination of private patios and private garages can be a practical differentiator for resident experience, while the 2024 update to Unit 3 may reduce near-term maintenance needs relative to units that were not recently refreshed. For additional details on unit mix, rents, and lease terms, contact the listing agent.
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 | $88.9k | $19.80 |
| − Vacancy | −$4.6k | −$1.03 |
| EGI | $84.3k | $18.77 |
| − OpEx | −$25.3k | −$5.63 |
| NOI | $59.0k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.113627
- Latitude
- 36.140892
