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Tile-Floored Quadplex

4930 Stanley Avenue, Las Vegas, NV 89115

For Sale
$620,000

Four-unit multifamily property with private yards, security bars, and low-maintenance tile flooring.

Property Size3,290 SF
Days on Market60

Property Features for 4930 Stanley Avenue

General Information

Standard status Active
Size 3,290 SF
Property subtype Multi Family

Site & Location

Neighborhood Sunrise
Highway Access Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,641

Building Details

Building Size 3,290 SF
Year Built 1983
Listing Agency: United Realty Group
Listed By: Pablo Covarrubias Jr · License NV B.0047882
Source: Vicerealtygroup
Added: Sep 16 Changed: Oct 31 Last Checked: Nov 12 at 6:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group

Rey
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Investment Insights

Based on property information with market context.

This four-unit multifamily property was built in 1983 and contains 3,290 square feet. Each unit features tile flooring, security bars, and access to a private yard, creating a practical configuration for residential occupancy and ongoing maintenance.

The property is positioned near shopping centers, schools, major roads, and freeway access in Las Vegas. The parcel encompasses over 10,000 square feet, providing outdoor space beyond the building footprint. The four-unit layout offers a defined multifamily format for an owner or investor seeking a residential income property.

Key Highlights

  • Four‑unit multifamily property
  • 3,290 square feet of building area
  • Built in 1983

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,369
Cap Rate
5.70%
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 (±1% cap)
NOI $35,369 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$466.6K
$408.3K – $544.4K (±1% cap)
NOI $32,661 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$983.6K
$860.7K – $1.15M (±1% cap)
NOI $68,853 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

528
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
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Market

Average Price Trend$/SF for Quadplexes in Las Vegas, NV

$205 Jul
$187 Aug
$194 Sep
$196 Oct

Properties on Market for Quadplexes in Las Vegas

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property with private yards, security bars, and low-maintenance tile flooring.
Where is this quadplex located?
The property is located at 4930 Stanley Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 3,290 square feet of building area; Built in 1983
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