Rare El Sol Del Pueblo
2894 Karen Avenue Las Vegas, NV 89121
MULTI_FAMILY - Other - Las Vegas, NV
Property size:
4,492 SFLot size:
0.23 AcresPrice / SF:
$178/SF- Added:
- May 26, 2026
- Days on Market:
- 46
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 2894 Karen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Storage
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 162-12-112-031
- Size
- 4,492 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2995
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile, Vinyl
- Building materials
- Wood Frame
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Ryan Crighton License #BS.0000254 (702) 217-1048
Listing office Rothwell Gornt Companies 105 N Pecos Rd Ste 140, Henderson, NV (702) 932-8813
Listing date May 26, 2026
MLS# 2785828
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.
Investment Insights
Based on property information with market context.
This multifamily property in El Sol Del Pueblo presents a rare opportunity. The property consists of four units. Unit #1 is a single-story owner's unit featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and a private patio. Unit #2 is a single-story unit with 2 bedrooms, 2 bathrooms, a private patio, and a 1-car garage. Unit #3 is a townhouse-style unit with both bedrooms on the second floor, 1.5 bathrooms, a private patio, and a 1-car garage. Unit #4 is located above the garages and includes 2 bedrooms, 1 bathroom, a large deck, and a 1-car garage. Each garage is equipped with washer-dryer hook-ups. The community offers roving security patrol and a community pool. The property is situated on a 0.23-acre lot and the building size is 4492 square feet.
Key Highlights
- Four single‑story/townhouse‑style units with private patios and separate garages
- Owner unit includes 3 bedrooms, 2 bathrooms, 2‑car garage, and private patio
- Units feature a mix of 2‑bedroom/1‑2 bathroom layouts, including one townhouse‑style unit with both bedrooms upstairs
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 |
4,492 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$843.2K
$737.8K – $983.7K
NOI $59,022 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$756.4K
$661.9K – $882.5K
NOI $52,950 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,599 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property with diverse layouts and community amenities.
Where is this quadplex located?
The property is located at 2894 Karen Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four single‑story/townhouse‑style units with private patios and separate garages; Owner unit includes 3 bedrooms, 2 bathrooms, 2‑car garage, and private patio; Units feature a mix of 2‑bedroom/1‑2 bathroom layouts, including one townhouse‑style unit with both bedrooms upstairs
