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    Fully Occupied Fourplex in Gated Community Title is generated by Realmo AI

    4684 Krissylouise Way, Las Vegas, NV 89121

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    Claim this Listing
    New
    For Sale
    $565,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,112 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $181/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 4684 Krissylouise Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Window features
    Blinds
    Interior features
    Window Treatments
    Appliances
    Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    161-08-510-007
    Size
    3,112 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2489

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, 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
    Building materials
    Stucco
    Roof type
    Tile
    Architectural style
    Other

    We can help!

    Contact an agent
    Ginger Gorman
    Ginger Gorman

    Listing agent Ginger Gorman License #S.0190885

    Listing office Realty ONE Group, Inc 8395 W Sunset Rd #190, Las Vegas, NV

    Listing date Jun 24, 2026

    MLS# 2794991

    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

    • Fully occupied fourplex in a gated community
    • 2BR/1BA unit features include washer/dryer and a fireplace
    • HOA covers trash, sewage, roof, and building exterior
    • Central heating and central air; natural gas plus electric (heating)
    • Tile roof and stucco construction
    • Public water and public sewer

    Overview

    This fully occupied fourplex offers a straightforward rental setup with two-bedroom, one-bath units. Each unit includes a washer/dryer and a fireplace, providing practical everyday comfort. The property also benefits from association coverage that includes trash, sewage, the roof, and building exterior maintenance.

    Located in a gated community in Las Vegas, Nevada, the property is positioned for tenants who value controlled access and a managed environment. The listing presents the asset as maintained and income-producing based on its current occupancy.

    For buyers or operators seeking a small multifamily asset with in-unit amenities and defined exterior-related responsibilities, this fourplex provides a focused configuration. The HOA coverage for several core services may help reduce owner-managed expenses tied to trash, sewage, roofing, and exterior upkeep. With the units currently occupied, prospective buyers can review current tenancy and unit features as part of their due diligence.

    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 7.24%
    Second Best
    Apartment 5plus
    $524.0K
    $458.5K – $611.4K (±1% cap)
    NOI $36,683 @ 7.0% cap · market cap 6.49%
    Theoretical Best
    Office A
    $807.6K
    $706.6K – $942.2K (±1% cap)
    NOI $56,531 @ 7.0% cap · market cap 10.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.072203
    Latitude
    36.141758

    FAQs

    What type of property is this?
    Quadplex - Fourplex with in-unit laundry and fireplaces, with HOA coverage for trash, sewage, roof, and exterior.
    Where is this quadplex located?
    The property is located at 4684 Krissylouise Way Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Fully occupied fourplex in a gated community; 2BR/1BA unit features include washer/dryer and a fireplace; HOA covers trash, sewage, roof, and building exterior
    More about this property
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