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New Four-Unit Duplex Property
For Sale
$649,900

660 San Lorenzo St, Pahrump, NV 89048

Two duplex buildings offer separately metered utilities and efficient two-bedroom layouts with dedicated laundry areas.

Property Size3,376 SF
Price / SF$192.51
Days on Market49

Property Features for 660 San Lorenzo St

General Information

Standard status Active
Size 3,376 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

custom cabinets
quartz counters
stainless steel appliances
separate laundry area
ceiling fans
luxury vinyl plank flooring
sidewalk

Building Details

Year Built 2026
Buildings 2
Listing Agency: Realty ONE Group, Inc
Listed By: Jill Amsel · License #BS.0063646
Source: Tmgluxury
Added: Sep 1 Changed: Oct 1 Last Checked: Oct 7 at 12:54PM

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 Realty ONE Group, Inc

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Investment Insights

Based on property information with market context.

Built in 2026, this residential income property comprises two duplex buildings with four units totaling 3,376 square feet. Each residence provides two bedrooms, two full bathrooms, a separate laundry area, and a practical open living arrangement with ceiling fans in the living room and bedrooms.

Interior finishes include custom cabinetry, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring throughout the units and bedrooms. The appliance package includes a stove, microwave, refrigerator, and dishwasher. Water and power are separately metered for all four units, and a sidewalk leads to the entrance at 660 San Lorenzo St in Pahrump, Nevada.

Key Highlights

  • Two duplex buildings with four total units
  • Built in 2026 with 3,376 square feet
  • Each unit includes 2 bedrooms and 2 full baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,004
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,080 $600.1K
Cap Rate 7%
$428,629 $428.6K
Cap Rate 9%
$333,378 $333.4K
Market Conditions
NOI Build-Up for 3,376 SF
Gross rent
$45.8K $13.56/SF
− Vacancy
−$2.9K −$0.86/SF
EGI
$42.9K $12.70/SF
− OpEx
−$12.9K −$3.81/SF
NOI
$30.0K $8.89/SF
Area
Nye County, NV
Vacancy
6.37%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,080
Cap Rate 7%
$428,629
Cap Rate 9%
$333,378

Alternative Uses

Best Use
Multifamily LT 5
$428.6K
$375.1K – $500.1K (±1% cap)
NOI $30,004 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$394.9K
$345.6K – $460.8K (±1% cap)
NOI $27,646 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.07M
$938.7K – $1.25M (±1% cap)
NOI $75,094 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy HVAC Service Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby

Demographics for 89048, NV

25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two duplex buildings offer separately metered utilities and efficient two-bedroom layouts with dedicated laundry areas.
Where is this duplex located?
The property is located at 660 San Lorenzo St Pahrump, NV.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two duplex buildings with four total units; Built in 2026 with 3,376 square feet; Each unit includes 2 bedrooms and 2 full baths
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