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Triplex on 2.5 Acres
For Sale
$485,000

4361 Laute Drive, Pahrump, NV 89061

Residential, Pahrump, NV

Property Size1,856 SF
Lot Size2.50 Acres
Price / SF$261.31
Days on Market316

Property Features for 4361 Laute Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Interior features Ceiling Fan(s)
Appliances Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Subdivision Fox Hollow
Elementary school ,
Directions North Hwy 160, Left on Homestead, Left on Turner, Right on Quarter Horse, Left on Kisha, Right on Coyote, Left on Laute, Property on right
Standard status Active
APN 45-391-12
Size 1,856 SF
Lot size 2.50 Acres

Taxes and HOA fees

Tax Annual Amount 1588

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Private, Well

Building Details

Year built 1981
Floors in Building 1
Number of units 3
Flooring type Tile, Wood, Carpet
Building materials Stucco
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Access Realty
Listed By: Walt W. Turner · License #BS.0146039
Added: Dec 1, 2025 Changed: Sep 21 Last Checked: Oct 13 at 9:06AM
MLS# 2738352

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 triplex property combines a single-family home with a garage and a duplex on a 2.5-acre lot. The property totals 1,856 square feet and is described as fully occupied, with a reported 7.4% gross cap rate. Interior features include ceiling fans.

Built in 1981, the home is constructed with stucco and features a mix of carpet, wood, and tile flooring. Heating is provided by central electric, with central air conditioning. Kitchen and laundry appliances listed include a range, oven, refrigerator, dishwasher, washer, and dryer.

Water service is described as well and private, and wastewater is handled by a septic tank. The roof is noted as shingle and composition.

Key Highlights

  • 2.5‑acre lot with a single‑family home with garage plus a duplex for a triplex configuration
  • Fully occupied and reported 7.4% gross cap rate
  • 1,856 square feet total

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,495
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,900 $329.9K
Cap Rate 7%
$235,643 $235.6K
Cap Rate 9%
$183,278 $183.3K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$25.2K $13.56/SF
− Vacancy
−$1.6K −$0.86/SF
EGI
$23.6K $12.70/SF
− OpEx
−$7.1K −$3.81/SF
NOI
$16.5K $8.89/SF
Area
Nye County, NV
Vacancy
6.37%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,900
Cap Rate 7%
$235,643
Cap Rate 9%
$183,278

Alternative Uses

Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K (±1% cap)
NOI $16,495 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$217.1K
$190.0K – $253.3K (±1% cap)
NOI $15,199 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$589.8K
$516.1K – $688.1K (±1% cap)
NOI $41,284 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop Catering Service Computer & Electronic Repair Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 89061, NV

7,891
Population
3,909
Households
2
Avg Household Size
57
Median Age
14%
College-Educated
87%
High-School Grad
64.0 sq mi
ZIP Area
123
Density / Sq Mi
$69,609
Median Household Income
$62,800
Median Earnings
$1,710
Median Rent
$328,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied triplex with well and septic system, built 1981, reported 7.4% gross cap rate.
Where is this triplex located?
The property is located at 4361 Laute Drive Pahrump, NV.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2.5‑acre lot with a single‑family home with garage plus a duplex for a triplex configuration; Fully occupied and reported 7.4% gross cap rate; 1,856 square feet total
More about this property
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