Fourplex with Onsite
2728 Haddock Avenue, North Las Vegas, NV 89030
For Sale
$645,000
Four two-bedroom apartments include a mix of rental and Housing Choice Voucher income.
Property Size3,332 SF
Price / SF$193.58
Days on Market78
Property Features for 2728 Haddock Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty
Listed By:
Katherine Mae Clemmons · License #S.0063679
(702) 500-9090
Source:
Bradyluxuryhomes
Added: Aug 22
Changed: Nov 4
Last Checked: Nov 7 at 6:49AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 3,332-square-foot fourplex in North Las Vegas contains four two-bedroom, one-bathroom apartments and onsite parking. Built in 1982, the property has three occupied units, with income from a mix of rental arrangements and Housing Choice Vouchers.
The remaining apartment is vacant, providing flexibility for an owner or operator to determine its next use. Professional management is in place.
The remaining apartment is vacant, providing flexibility for an owner or operator to determine its next use. Professional management is in place.
Key Highlights
- Four 2‑bedroom, 1‑bath units
- 3,332 square feet; built in 1982
- Three units occupied, with a mix of rental and Housing Choice Voucher income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,946
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,920
$758.9K
Cap Rate 7%
$542,086
$542.1K
Cap Rate 9%
$421,622
$421.6K
Market Conditions
NOI Build-Up for 3,332 SF
Gross rent
$58.0K $17.40/SF
− Vacancy
−$3.8K −$1.13/SF
EGI
$54.2K $16.27/SF
− OpEx
−$16.3K −$4.88/SF
NOI
$37.9K $11.39/SF
Area
North Las Vegas, NV
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,920
Cap Rate 7%
$542,086
Cap Rate 9%
$421,622
Alternative Uses
Best Use
Multifamily LT 5
$542.1K
$474.3K – $632.4K
NOI $37,946 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$501.0K
$438.3K – $584.5K
NOI $35,067 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$901.7K
$789.0K – $1.05M
NOI $63,119 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
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Business Placement
Demographics for 89030, NV
56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value
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Market
Average Price Trend$/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 - Four two-bedroom apartments include a mix of rental and Housing Choice Voucher income.
Where is this quadplex located?
The property is located at 2728 Haddock Avenue North Las Vegas, NV.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units; 3,332 square feet; built in 1982; Three units occupied, with a mix of rental and Housing Choice Voucher income
