4961 Apollostar Court, Las Vegas, NV 89115
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Apr 26, 2026
- Days on Market:
- 63
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 4961 Apollostar Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Exhaust Fan, Oven, Range, Range Hood
- Standard status
- Active
- APN
- 140-20-612-001
- Size
- 3,290 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1595
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile
- Building materials
- Wood Siding
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Maria G. Cegarra Guillen License #S.0193735 (702) 936-9885
Listing office Fathom Realty 3585 E Flamingo Rd Ste. #204, Las Vegas, NV (888) 455-6040
Listing date Apr 26, 2026
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
- Fourplex built in 1982 with four 2‑bedroom, 1‑bath units
- No HOA (per public remarks)
- Central heating and central air
- Public water and public sewer
- Roof with shingle/composition materials
- Units have been recently updated; each unit includes a private storage closet
Overview
The property is located in an established area with convenient access to major roads, as well as shopping, services, and public transportation. The listing notes no HOA, which can simplify ownership and ongoing management decisions.
Designed to appeal to both investors and owner-occupants, this is a multi-unit residential income property offering an all-in-one configuration of four separate two-bedroom homes. The combination of recent interior updates, private storage for tenants, and a manageable exterior footprint can help reduce friction for residents and streamline property upkeep. Buyer and buyer’s agent are instructed to verify all information during 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 | $53.3k | $16.20 |
| − Vacancy | −$2.8k | −$0.84 |
| EGI | $50.5k | $15.36 |
| − OpEx | −$15.2k | −$4.61 |
| NOI | $35.4k | $10.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.065338
- Latitude
- 36.198327
