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    Gated Fourplex with Renovated Units Title is generated by Realmo AI

    2732 Alicialynn Way, Las Vegas, NV 89121

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    Claim this Listing
    For Sale
    $550,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,112 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $176/SF
    Added:
    May 7, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 26 at 2:06 am

    Property Features for 2732 Alicialynn Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    8
    Window features
    Blinds
    Interior features
    Window Treatments
    Appliances
    Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
    Standard status
    Active
    APN
    161-08-610-017
    Size
    3,112 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2489

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1984
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Vinyl
    Building materials
    Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Angel Zepeda

    Listing agent Angel Zepeda License #S.0179315

    Listing office Coldwell Banker Premier 8290 W Sahara Ave Ste 100, Las Vegas, NV

    Listing date May 7, 2026

    MLS# 2781148 Listing URL

    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

    • Gated 4‑plex built in 1984 with 4 separate 2‑bed, 1‑bath units
    • Each unit includes a private laundry room with full‑size washer/dryer
    • Units feature an in‑unit wood‑burning fireplace and window treatments
    • Central heating and central A/C; electric heating; stucco exterior; shingle composition roof
    • Appliances in units include refrigerator, range/oven, dishwasher, disposal, washer, and dryer
    • Utilities: public water and public sewer

    Overview

    This gated fourplex, located at 2732 Alicialynn Way in Las Vegas, Nevada, presents a potential opportunity in the Village At Karen community. The property features four units, each with 2 bedrooms and 1 bathroom. Each unit includes a private laundry room equipped with a full-size washer and dryer, as well as a wood-burning fireplace. The property offers a total of 3112 square feet of living space on a lot of 0.03 acres. Two of the units have been fully renovated with new flooring, paint, and fixtures. The community provides amenities such as two pools, a playground, and green spaces, all within a gated environment. The property is intended for multifamily use and may be suitable for owner-occupancy.

    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 $61.6k $19.80
    − Vacancy −$3.2k −$1.03
    EGI $58.4k $18.77
    − OpEx −$17.5k −$5.63
    NOI $40.9k $13.14
    3,112 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $584.1K
    $511.1K – $681.5K (±1% cap)
    NOI $40,889 @ 7.0% cap · market cap 7.43%
    Second Best
    Apartment 5plus
    $524.0K
    $458.5K – $611.4K (±1% cap)
    NOI $36,683 @ 7.0% cap · market cap 6.67%
    Theoretical Best
    Office A
    $807.6K
    $706.6K – $942.2K (±1% cap)
    NOI $56,531 @ 7.0% cap · market cap 10.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.072831
    Latitude
    36.139984

    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex in gated community with renovated units.
    Where is this quadplex located?
    The property is located at 2732 Alicialynn Way Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Gated 4‑plex built in 1984 with 4 separate 2‑bed, 1‑bath units; Each unit includes a private laundry room with full‑size washer/dryer; Units feature an in‑unit wood‑burning fireplace and window treatments
    More about this property
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