Fourplex with Individual
6975 Dunsbach Way, Las Vegas, NV 89156
For Sale
$650,000
Residential, Las Vegas, NV
Property Size3,774 SF
Lot Size0.16 Acres
Price / SF$172.23
Days on Market9
Property Features for 6975 Dunsbach Way
General Information
Property type
Property subtype
Window features
Interior features
Subdivision
Elementary school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
shared on-site laundry room
fireplaces
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Coldwell Banker Premier · Coldwell Banker Real Estate
(702) 458-7070
Listed By:
Jacqueline Barr · License #S.0056558
(702) 373-6886
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 9 at 4:06AM
MLS# 2831994
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.
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Investment Insights
Based on property information with market context.
This two-story, stucco fourplex contains 3,774 square feet on approximately 0.16 acres. Individual entrances serve the units, and a shared laundry room is located on site. The building includes four fireplaces; central heating and air conditioning are also provided. Public water and sewer serve the property, which was built in 1983.
Three units have leases in place, and the fourth is currently offered for rent. That 945-square-foot residence has two bedrooms, two full bathrooms, tile flooring in its main living areas, and a kitchen breakfast bar opening toward the living and dining area. A wood-burning fireplace is part of that space.
Three units have leases in place, and the fourth is currently offered for rent. That 945-square-foot residence has two bedrooms, two full bathrooms, tile flooring in its main living areas, and a kitchen breakfast bar opening toward the living and dining area. A wood-burning fireplace is part of that space.
Key Highlights
- Fourplex with 3,774 square feet on approximately 0.16 acres
- Two‑story stucco building, constructed in 1983
- Three units leased; fourth unit currently marketed for rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,439
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,780
$868.8K
Cap Rate 7%
$620,557
$620.6K
Cap Rate 9%
$482,656
$482.7K
Market Conditions
NOI Build-Up for 3,774 SF
Gross rent
$65.7K $17.40/SF
− Vacancy
−$3.6K −$0.96/SF
EGI
$62.1K $16.44/SF
− OpEx
−$18.6K −$4.93/SF
NOI
$43.4K $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%
$868,780
Cap Rate 7%
$620,557
Cap Rate 9%
$482,656
Alternative Uses
Best Use
Multifamily LT 5
$620.6K
$543.0K – $724.0K
NOI $43,439 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$573.5K
$501.8K – $669.0K
NOI $40,142 @ 7.0% cap · market cap 6.18%
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,285 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
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Business Placement
Demographics for 89156, NV
30,067
Population
10,413
Households
2.9
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
44.7 sq mi
ZIP Area
673
Density / Sq Mi
$69,783
Median Household Income
$36,342
Median Earnings
$1,354
Median Rent
$288,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Las Vegas, NV
Properties on Market for Quadplexes in Las Vegas
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are leased, while the remaining unit is being marketed for rent.
Where is this quadplex located?
The property is located at 6975 Dunsbach Way Las Vegas, NV.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fourplex with 3,774 square feet on approximately 0.16 acres; Two‑story stucco building, constructed in 1983; Three units leased; fourth unit currently marketed for rent
