Fourplex With Fully Occupied
6432 Casada Way Las Vegas, NV 89107
6432 Casada Way, Las Vegas, NV, 89107
$520,000
Pending
For Sale
$520,000
Pending
MULTI_FAMILY - Other - Las Vegas, NV
Property Size2,808 SF
Lot Size0.17 Acres
Days on Market49
Property Features for 6432 Casada Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
- Standard status
- Pending
- APN
- 138-35-413-006
- Size
- 2,808 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1863
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Building materials
- Stucco, Wood Siding
- Roof type
- Flat
- Architectural style
- Other
Listing agency
BHHS Nevada Properties
(702) 312-7070
Listed by
Celine Florella-Mendy · License #S.0173156
(702) 355-1838
Added: Jun 3 Updated: Jun 24 at 4:25PM Checked: Jul 21 at 7:06PM
MLS# 2788317
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 fully occupied fourplex is arranged over two stories and totals 2,808 square feet. The property is configured as four separate units, with each unit offering one bedroom and one full bathroom, providing straightforward, private layouts for residents. The building sits on a 0.17-acre lot.
Located in Las Vegas within the 89107 area of Clark County, the property offers a residential setting with access to the conveniences associated with a Las Vegas address. The listing is for a single property at 6432 Casada Way.
This asset can fit buyers seeking a small residential income property with an uncomplicated unit mix: four one-bedroom, one-bath homes within the same building. Because the listing notes the fourplex is fully occupied, it may appeal to investors who prefer to evaluate a property based on current tenancy. The consistent unit layout can also simplify leasing and operations compared with more varied floorplans.
Located in Las Vegas within the 89107 area of Clark County, the property offers a residential setting with access to the conveniences associated with a Las Vegas address. The listing is for a single property at 6432 Casada Way.
This asset can fit buyers seeking a small residential income property with an uncomplicated unit mix: four one-bedroom, one-bath homes within the same building. Because the listing notes the fourplex is fully occupied, it may appeal to investors who prefer to evaluate a property based on current tenancy. The consistent unit layout can also simplify leasing and operations compared with more varied floorplans.
Key Highlights
- Fully occupied 4plex with four bedrooms and four full bathrooms (each unit features 1 bedroom and 1 bathroom)
- 2808 SF, two‑story building
- 0.17‑acre lot
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 |
2,808 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.7K
$404.0K – $538.7K
NOI $32,320 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$426.7K
$373.3K – $497.8K
NOI $29,867 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$970.3K
$849.0K – $1.13M
NOI $67,920 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Two-story fourplex with four 1-bedroom, 1-bath units on a compact lot in Las Vegas.
Where is this quadplex located?
The property is located at 6432 Casada Way Las Vegas, NV.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Fully occupied 4plex with four bedrooms and four full bathrooms (each unit features 1 bedroom and 1 bathroom); 2808 SF, two‑story building; 0.17‑acre lot
