6432 Casada Way, Las Vegas, NV 89107
Fully occupied fourplex configured as four one-bedroom, one-bath units across two stories, offering straightforward income-property operations.
- Added:
- Jun 3, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 3:42 am
Property Features for 6432 Casada Way
General Information
- Standard status
- Active
- Size
- 2,808 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agent Celine Florella-Mendy License #S.0173156 (702) 355-1838
Listing office Berkshire Hathaway HomeServices Nevada Properties (702) 355-1838
Listing date Jun 3, 2026
Source Elliman
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 Berkshire Hathaway HomeServices Nevada Properties
HighLights
- Fully occupied fourplex with four 1‑bedroom, 1‑bath units across two stories
- 4 bedrooms and 4 full bathrooms total; each unit features 1 bedroom and 1 bathroom
- 2,808 sq ft total living area
- Built in 1963
- 0.17‑acre lot in Las Vegas (89107)
Overview
The property sits on a 0.17-acre lot in the 89107 area of Las Vegas. While details of specific nearby anchors are not provided, the provided walkScore is 58 (somewhat walkable) and bikeScore is 51 (bikeable), with a transitScore of 39 (some transit), indicating moderate access to daily conveniences and transportation options.
For buyers or operators seeking a small multifamily asset, the fully occupied status of the fourplex can support immediate operational continuity. The repeating one-bedroom, one-bath unit layout can appeal to tenants looking for a manageable floor plan, and the property’s two-story structure provides a compact footprint on its lot. Additional improvements may be considered, based on the buyer’s goals for refreshing the asset and optimizing its condition.
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 | $48.9k | $17.40 |
| − Vacancy | −$2.7k | −$0.96 |
| EGI | $46.2k | $16.44 |
| − OpEx | −$13.9k | −$4.93 |
| NOI | $32.3k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.235301
- Latitude
- 36.16095
