Quadplex with Community
For Sale
$586,000
5245 Golden Lane, Las Vegas, NV 89119
Residential, Las Vegas, NV
Property Size3,844 SF
Lot Size0.10 Acres
Price / SF$152.45
Days on Market163
Property Features for 5245 Golden Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Ceiling Fan(s)
Appliances
Oven, Range, Refrigerator
Subdivision
Century Garden Sub Amd
Elementary school
,
Directions
From Tropicana and Maryland Pkwy, head S on Maryland Pkwy to Parkway Villas. Through gate and then turn left on Garden Ln.
Standard status
Active
APN
162-27-611-334
Size
3,844 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
1916
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
community pool
Building Details
Year built
1977
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Carpet
Building materials
Stucco
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Limestone Investments LLC
(702) 430-7900
Listed By:
James H. Eagan · License #B.1000724
(702) 287-1092
Added: Apr 29
Changed: Oct 2
Last Checked: Oct 8 at 11:06AM
MLS# 2777516
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 3,844-square-foot quadplex contains four residential units on a 0.095-acre lot. The 1977 property features stucco construction, composition and shingle roofing, central heating and cooling, public water and sewer, and interiors with carpet and hardwood flooring. Ceiling fans and standard kitchen appliances are also included.
Most tenants are on month-to-month agreements, offering flexibility in future leasing decisions. Residents have access to a community pool, while the HOA covers water and trash service. The property is located at 5245 Golden Lane in Las Vegas, near UNLV, the Las Vegas Strip, shopping, dining, and other local conveniences.
Additional property features include electric heating, central air, ovens, ranges, refrigerators, and public utility connections.
Most tenants are on month-to-month agreements, offering flexibility in future leasing decisions. Residents have access to a community pool, while the HOA covers water and trash service. The property is located at 5245 Golden Lane in Las Vegas, near UNLV, the Las Vegas Strip, shopping, dining, and other local conveniences.
Additional property features include electric heating, central air, ovens, ranges, refrigerators, and public utility connections.
Key Highlights
- Four‑unit quadplex measuring 3,844 square feet
- 0.095‑acre lot at 5245 Golden Lane, Las Vegas, NV 89119
- Most tenant agreements are month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,245
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,900
$884.9K
Cap Rate 7%
$632,071
$632.1K
Cap Rate 9%
$491,611
$491.6K
Market Conditions
NOI Build-Up for 3,844 SF
Gross rent
$66.9K $17.40/SF
− Vacancy
−$3.7K −$0.96/SF
EGI
$63.2K $16.44/SF
− OpEx
−$19.0K −$4.93/SF
NOI
$44.2K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,900
Cap Rate 7%
$632,071
Cap Rate 9%
$491,611
Alternative Uses
Best Use
Multifamily LT 5
$632.1K
$553.1K – $737.4K
NOI $44,245 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$584.1K
$511.1K – $681.5K
NOI $40,887 @ 7.0% cap · market cap 6.98%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $92,978 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,162
Businesses Nearby
Explore this area
Business Placement
Demographics for 89119, NV
48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with flexible tenant agreements and HOA-managed water and trash service.
Where is this quadplex located?
The property is located at 5245 Golden Lane Las Vegas, NV.
What is the asking price?
The asking price for this property is $586,000.
What are key features of this property?
This property features: Four‑unit quadplex measuring 3,844 square feet; 0.095‑acre lot at 5245 Golden Lane, Las Vegas, NV 89119; Most tenant agreements are month‑to‑month
