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    Fourplex with Paid-Off Solar Title is generated by Realmo AI

    6208 Ilanos Lane, Las Vegas, NV 89108

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    For Sale
    $842,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,952 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $213/SF
    Added:
    May 29, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 18 at 6:06 pm

    Property Features for 6208 Ilanos Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Window features
    Blinds
    Interior features
    Ceiling Fan(s), Storage, Window Treatments
    Standard status
    Active
    APN
    138-23-711-036
    Size
    3,952 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3120

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Vinyl, Tile
    Building materials
    Block, Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Daniel Valenzuela

    Listing agent Daniel Valenzuela License #S.0184876

    Listing office Platinum Real Estate Prof 2298 Horizon Ridge Parkway 114, NV

    Listing date May 29, 2026

    MLS# 2785771

    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

    • 4‑plex in central Las Vegas built in 1985, with public water and public sewer
    • Fully paid‑off solar panels, plus new roof and new balcony awnings
    • Each unit includes its own washer and dryer and hard‑wired TV antenna
    • Downstairs units are 3‑bedroom layouts; each unit features ceiling fans and window treatments
    • All new appliances included in every unit, with central heating and central A/C
    • Block and stucco construction with tile, vinyl, and carpet flooring; includes a huge courtyard and backyard storage shed

    Overview

    This fourplex is offered with no HOA and features several meaningful updates, including paid-off solar panels, a new roof, and recently painted exterior areas. The property includes spacious units with a mix of in-home amenities: fireplaces and ceiling fans, plus new appliances included in every unit. Each unit has its own washer and dryer, and the downstairs units are 3-bedroom layouts. Additional features include a large courtyard, a backyard storage shed, and hard-wired provisions for a TV antenna. Balcony awnings have also been added, and one unit has been recently renovated while the remaining three are described as in good condition.

    The property is located in central Las Vegas with quick access to Summerlin amenities, shopping, dining, schools, public transportation, and major freeway access. Each unit is provided with two dedicated parking spaces, supporting day-to-day convenience for tenants.

    For tenants or owner-occupants seeking a small multifamily setup, the layout and included in-unit laundry can support resident satisfaction and everyday functionality. The combination of multiple recent exterior improvements and paid-off solar panels may also reduce certain ongoing maintenance considerations, while the courtyard and outdoor space add usable common area for a four-unit environment. Buyer to verify all information and measurements.

    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 $78.2k $19.80
    − Vacancy −$4.1k −$1.03
    EGI $74.2k $18.77
    − OpEx −$22.3k −$5.63
    NOI $51.9k $13.14
    3,952 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $741.8K
    $649.1K – $865.4K (±1% cap)
    NOI $51,926 @ 7.0% cap · market cap 6.17%
    Second Best
    Apartment 5plus
    $665.5K
    $582.3K – $776.4K (±1% cap)
    NOI $46,585 @ 7.0% cap · market cap 5.53%
    Theoretical Best
    Office A
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,625 @ 7.0% cap · market cap 11.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.227436
    Latitude
    36.194837

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with in-unit laundry, multiple recent exterior upgrades, and dedicated parking per unit.
    Where is this quadplex located?
    The property is located at 6208 Ilanos Lane Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $842,000.
    What are key features of this property?
    This property features: 4‑plex in central Las Vegas built in 1985, with public water and public sewer; Fully paid‑off solar panels, plus new roof and new balcony awnings; Each unit includes its own washer and dryer and hard‑wired TV antenna
    More about this property
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