Remodeled Four-Unit
For Sale
$650,000
4796 Nova Lane, Las Vegas, NV 89115
Residential, Las Vegas, NV
Property Size3,290 SF
Lot Size0.26 Acres
Price / SF$197.57
Days on Market148
Property Features for 4796 Nova Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Appliances
Oven, Range, Refrigerator
Subdivision
Kell Estate
Elementary school
,
Directions
Lake Mead South on Marion
Standard status
Active
APN
140-20-710-006
Size
3,290 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
1641
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
storage closet
Building Details
Year built
1983
Floors in Building
2
Number of units
4
Flooring type
Tile, Vinyl
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
Rothwell Gornt Companies
(702) 932-8813
Listed By:
Ryan Crighton · License #BS.0000254
(702) 217-1048
Added: May 19
Changed: Sep 21
Last Checked: Oct 13 at 10:06AM
MLS# 2784004
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 3,290-square-foot quadplex contains four two-bedroom, one-bathroom residences, including two newly remodeled units. Each unit has a tenant storage closet, while interior finishes include tile and vinyl flooring. The building uses wood-frame construction and is served by central heating, electric heat, central air, public water, and public sewer. Appliances include an oven, range, and refrigerator. Constructed in 1983, the property occupies 0.26 acres and has no HOA fee.
Located at 4796 Nova Lane in Las Vegas, the property is positioned near local amenities, shopping centers, and public transportation. The four-unit configuration and consistent floor plans provide a clearly defined residential income property format.
Located at 4796 Nova Lane in Las Vegas, the property is positioned near local amenities, shopping centers, and public transportation. The four-unit configuration and consistent floor plans provide a clearly defined residential income property format.
Key Highlights
- Four‑unit quadplex with four 2‑bedroom, 1‑bathroom residences
- Two units newly remodeled
- 3,290 square feet on 0.26 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,369
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,380
$707.4K
Cap Rate 7%
$505,271
$505.3K
Cap Rate 9%
$392,989
$393.0K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$53.3K $16.20/SF
− Vacancy
−$2.8K −$0.84/SF
EGI
$50.5K $15.36/SF
− OpEx
−$15.2K −$4.61/SF
NOI
$35.4K $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%
$707,380
Cap Rate 7%
$505,271
Cap Rate 9%
$392,989
Alternative Uses
Best Use
Multifamily LT 5
$505.3K
$442.1K – $589.5K
NOI $35,369 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$466.6K
$408.3K – $544.4K
NOI $32,661 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$983.6K
$860.7K – $1.15M
NOI $68,853 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two bedrooms, one bathroom, and private storage closets, with two units recently remodeled.
Where is this quadplex located?
The property is located at 4796 Nova Lane Las Vegas, NV.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit quadplex with four 2‑bedroom, 1‑bathroom residences; Two units newly remodeled; 3,290 square feet on 0.26 acres
