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Four-Unit Residential Income Property

4580 CARRIAGE PARK Drive Las Vegas, NV 89121

New
4580 CARRIAGE PARK Drive, Las Vegas, NV, 89121
$599,000
For Sale
$599,000

MULTI_FAMILY - Other - Las Vegas, NV

Property Size3,672 SF
Lot Size0.05 Acres
Price / SF$163.13
Days on Market4

Property Features for 4580 CARRIAGE PARK Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Covered
Standard status
Active
APN
161-08-212-005
Size
3,672 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
2796

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1984
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Wood Frame
Architectural style
Other
Listing Agency BHHS Nevada Properties
3185 St. Rose Parkway #100, Henderson, NV
Listed by Shannon Gaccione · License #S.0067682
Added: Jul 18 Checked: Jul 21 at 3:06 am
MLS# 2800955

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 four-unit residential income property is presented as a private, gated building. Covered carports provide parking with protection from sun. Residents share a large yard with mature trees, shade, and greenery.

Each of the four units features the same functional floor plan and includes an in-unit washer and dryer, a storage shelf, and a pass-through kitchen window overlooking the family room. Blinds are provided throughout, and each unit has a sliding glass door leading to a private balcony.

The listing notes that several units are currently occupied and references current rents for those occupied units.

Key Highlights

  • Four‑unit gated multi‑unit property with four units sharing the same functional floor plan
  • In‑unit washer and dryer in each unit
  • Covered parking via carports and a private gated building

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 $72.7k $19.80
− Vacancy −$3.8k −$1.03
EGI $68.9k $18.77
− OpEx −$20.7k −$5.63
NOI $48.2k $13.14
3,672 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$689.2K
$603.1K – $804.1K (±1% cap)
NOI $48,247 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$618.3K
$541.1K – $721.4K (±1% cap)
NOI $43,284 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$952.9K
$833.8K – $1.11M (±1% cap)
NOI $66,704 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Parking Lot & Garage Food Market Daycare Center Grocery & Convenience Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Quadplex - Four-unit residential income property with covered carports, a private balcony, and in-unit washer and dryer.
Where is this quadplex located?
The property is located at 4580 CARRIAGE PARK Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four‑unit gated multi‑unit property with four units sharing the same functional floor plan; In‑unit washer and dryer in each unit; Covered parking via carports and a private gated building
Contact an agent
More about this property
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