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Four-Unit Multifamily Property
For Sale
$690,000

4760 Lucite Lane, Las Vegas, NV 89115

Residential, Las Vegas, NV

Property Size3,604 SF
Lot Size0.19 Acres
Price / SF$191.45
Days on Market63

Property Features for 4760 Lucite Lane

General Information

Property type Residential Multi Family
Property subtype Other
Window features Blinds
Interior features Ceiling Fan(s), Window Treatments
Appliances Oven, Range, Refrigerator
Subdivision Puebla Estate
Elementary school ,
Directions From Craig Rd & Lamb Blvd - East on Craig Rd - Right on Puebla St - Left on Lucite Lane - Property on the Left.
Standard status Active
APN 140-05-710-005
Size 3,604 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 1573

Utilities

Sewer type Public Sewer
Heating system 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 Tile
Building materials Stucco
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Executive Realty Services
Listed By: Justin Bezanski · License #S.0184531
Added: Aug 12 Changed: Sep 12 Last Checked: Oct 13 at 10:06AM
MLS# 2808244

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.

Built in 1984, this 3,604-square-foot quadplex contains four separate residences: two three-bedroom units and two one-bedroom units. All four units are occupied. Interior features include tile flooring, ceiling fans, and window treatments, while kitchens are equipped with ovens, ranges, and refrigerators. Central heating and air conditioning serve the property, which is constructed with stucco and has a composition shingle roof.

The property occupies 0.19 acres in Las Vegas, Nevada. Public water and public sewer serve the site, and the property has no HOA. Its location provides access to schools, shopping, restaurants, freeway connections, transportation, and everyday services.

Key Highlights

  • Four separate units with two 3‑bedroom and two 1‑bedroom residences
  • All four units are currently occupied
  • 3,604 square feet on a 0.19‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,744
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,880 $774.9K
Cap Rate 7%
$553,486 $553.5K
Cap Rate 9%
$430,489 $430.5K
Market Conditions
NOI Build-Up for 3,604 SF
Gross rent
$58.4K $16.20/SF
− Vacancy
−$3.0K −$0.84/SF
EGI
$55.3K $15.36/SF
− OpEx
−$16.6K −$4.61/SF
NOI
$38.7K $10.75/SF
Area
ZIP 89115
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,880
Cap Rate 7%
$553,486
Cap Rate 9%
$430,489

Alternative Uses

Best Use
Multifamily LT 5
$553.5K
$484.3K – $645.7K (±1% cap)
NOI $38,744 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$511.1K
$447.2K – $596.3K (±1% cap)
NOI $35,779 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.08M
$942.8K – $1.26M (±1% cap)
NOI $75,425 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Hair Salon Daycare Center (Bike/Boat/Book/etc) Store

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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby

Demographics for 89115, NV

67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied quadplex with a varied unit mix, central cooling, public utilities, and no HOA.
Where is this quadplex located?
The property is located at 4760 Lucite Lane Las Vegas, NV.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Four separate units with two 3‑bedroom and two 1‑bedroom residences; All four units are currently occupied; 3,604 square feet on a 0.19‑acre lot
More about this property
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