Four-Unit
New
For Sale
$529,000
4672 Krissylouise Way, Las Vegas, NV 89121
Residential, Las Vegas, NV
Property Size3,168 SF
Lot Size0.04 Acres
Price / SF$166.98
Days on Market7
Property Features for 4672 Krissylouise Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Subdivision
Village At Karen
Elementary school
,
Directions
From Sahara Ave, turn right on Lamb Blvd, then right on Vegas Valley Dr. Turn left into the gated Village At Karen community on the right. Property is on Krissylouise Way. Call Christopher for gate code and appointment.
Standard status
Active
APN
161-08-510-006
Size
3,168 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3118
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
pool
playground
Building Details
Year built
1995
Floors in Building
2
Number of units
4
Flooring type
Carpet
Building materials
Stucco, Wood Frame
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Keller Williams Realty Las Veg
(702) 212-2222
Listed By:
Christopher J. Jaramillo · License #S.0202519
(702) 219-3677
Added: Oct 13
Changed: Oct 17
Last Checked: Oct 19 at 1:06AM
MLS# 2827463
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.
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Investment Insights
Based on property information with market context.
This 1995 quadplex contains four residences across 3,168 square feet on a 0.04-acre parcel. Each unit is configured with two bedrooms and one bathroom, along with central air conditioning and washer and dryer hookups. The property has public water and sewer service, and the units include dishwashers, disposals, microwaves, and refrigerators.
The homes are located within the gated Village at Karen community, which includes a pool and playground. All four units are occupied.
The homes are located within the gated Village at Karen community, which includes a pool and playground. All four units are occupied.
Key Highlights
- Four two‑bedroom, one‑bathroom units
- 3,168 square feet on a 0.04‑acre parcel
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,625
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,500
$832.5K
Cap Rate 7%
$594,643
$594.6K
Cap Rate 9%
$462,500
$462.5K
Market Conditions
NOI Build-Up for 3,168 SF
Gross rent
$62.7K $19.80/SF
− Vacancy
−$3.3K −$1.03/SF
EGI
$59.5K $18.77/SF
− OpEx
−$17.8K −$5.63/SF
NOI
$41.6K $13.14/SF
Area
ZIP 89121
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,500
Cap Rate 7%
$594,643
Cap Rate 9%
$462,500
Alternative Uses
Best Use
Multifamily LT 5
$594.6K
$520.3K – $693.8K
NOI $41,625 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$533.5K
$466.8K – $622.4K
NOI $37,343 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$822.1K
$719.4K – $959.1K
NOI $57,548 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
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Business Placement
Demographics for 89121, NV
68,692
Population
29,012
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
7,467
Density / Sq Mi
$54,667
Median Household Income
$32,776
Median Earnings
$1,306
Median Rent
$288,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms, one bathroom, central air conditioning, and washer and dryer hookups.
Where is this quadplex located?
The property is located at 4672 Krissylouise Way Las Vegas, NV.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Four two‑bedroom, one‑bathroom units; 3,168 square feet on a 0.04‑acre parcel; Built in 1995
