5145 Kell Lane Las Vegas, NV 89156
MULTI_FAMILY - Other - Las Vegas, NV
Property Features for 5145 Kell Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Storage
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 140-21-401-002
- Size
- 4,513 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2781
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Stucco, Wood Frame
- Roof type
- Shingle, Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Dale A. Snyder License #S.0066714 (702) 625-3256
Listing office Keller Williams VIP 7501 Tule Springs RD. # 170, Las Vegas, NV (702) 905-1110
Listing date Jun 30, 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.
Investment Insights
Based on property information with market context.
The multifamily site is located at 5145 Kell Lane in Las Vegas, NV 89156. The public remarks note convenient access to shopping, services, and public transportation within walking distance.
Set on approximately 1.24 acres, the layout also provides room for future expansion or redevelopment, with the buyer to verify options. The property is being offered as an immediate income-generation opportunity.
Key Highlights
- 7‑unit income‑producing property on approx. 1.2 acres with five single‑family homes, one duplex, and two vacant income‑producing lots
- Extensively remodeled approximately 4 years ago and positioned for immediate income generation
- Private yard and driveway for each unit, plus ample tenant parking
Local Financial Insights For Apartment 5plus
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 | $92.1k | $20.40 |
| − Vacancy | −$4.8k | −$1.06 |
| EGI | $87.3k | $19.34 |
| − OpEx | −$39.3k | −$8.70 |
| NOI | $48.0k | $10.64 |
