Four-Unit Residential
New
For Sale
$675,000
6982 Hopkins Drive, Las Vegas, NV 89156
Residential, Las Vegas, NV
Property Size4,072 SF
Lot Size0.16 Acres
Price / SF$165.77
Days on Market3
Property Features for 6982 Hopkins Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Storage
Appliances
Dishwasher, Oven, Range, Refrigerator
Subdivision
Sierra Sunrise
Elementary school
,
Directions
Lake Mead and Hollywood
Standard status
Active
APN
140-23-111-020
Size
4,072 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1854
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
2
Number of units
4
Flooring type
Tile, Vinyl
Building materials
Stucco, Wood Frame
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Rothwell Gornt Companies
(702) 932-8813
Listed By:
Ryan Crighton · License #BS.0000254
(702) 217-1048
Added: Oct 6
Last Checked: Oct 8 at 12:06PM
MLS# 2824612
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 two-story quadplex contains four residences, each configured with three bedrooms and two bathrooms. The building has 4,072 square feet of living area on a 0.16-acre parcel and was built in 1983. Interior features include storage, blinds, and a microwave; kitchens are equipped with a dishwasher, oven, range, and refrigerator. Tile and vinyl flooring, central heating and air conditioning, and stucco over wood-frame construction are also present.
The property is in the Sierra Sunrise Community in Las Vegas. Public remarks note access to major corridors, shopping, schools, and the Downtown district. Public water and sewer serve the property.
The property is in the Sierra Sunrise Community in Las Vegas. Public remarks note access to major corridors, shopping, schools, and the Downtown district. Public water and sewer serve the property.
Key Highlights
- Four residences, each with 3 bedrooms and 2 bathrooms
- 4,072 square feet of living area across two stories
- 0.16‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,869
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,380
$937.4K
Cap Rate 7%
$669,557
$669.6K
Cap Rate 9%
$520,767
$520.8K
Market Conditions
NOI Build-Up for 4,072 SF
Gross rent
$70.9K $17.40/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$67.0K $16.44/SF
− OpEx
−$20.1K −$4.93/SF
NOI
$46.9K $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%
$937,380
Cap Rate 7%
$669,557
Cap Rate 9%
$520,767
Alternative Uses
Best Use
Multifamily LT 5
$669.6K
$585.9K – $781.2K
NOI $46,869 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$618.7K
$541.4K – $721.9K
NOI $43,312 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.64M
NOI $98,493 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence contains three bedrooms and two bathrooms, with shared on-site parking.
Where is this quadplex located?
The property is located at 6982 Hopkins Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 2 bathrooms; 4,072 square feet of living area across two stories; 0.16‑acre lot
