4-Unit
708 Jackson Avenue, Las Vegas, NV 89106
For Sale
New
$500,000
Residential, Las Vegas, NV
Property Size2,080 SF
Lot Size0.17 Acres
Price / SF$240.38
Days on Market4
Property Features for 708 Jackson Avenue
General Information
Property type
Property subtype
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
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Vice Realty
Listed By:
Derek Moellinger · License NV B.1006381
(702) 825-4663
Added: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 2833314
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 2,080-square-foot quadplex contains four residences, each configured with one bedroom and one bathroom. All units are occupied. The 1964-built property has stucco construction, tile and vinyl flooring, a flat roof, central heating, and central air conditioning.
Situated in Las Vegas, the property is near Downtown Las Vegas, with shopping, restaurants, public transportation, schools, and everyday services in the surrounding area. The parcel measures 0.17 acres and is served by public water and sewer.
Situated in Las Vegas, the property is near Downtown Las Vegas, with shopping, restaurants, public transportation, schools, and everyday services in the surrounding area. The parcel measures 0.17 acres and is served by public water and sewer.
Key Highlights
- Four residences, each with 1 bedroom and 1 bathroom
- All four units are occupied
- 2,080 square feet on a 0.17‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,941
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,820
$478.8K
Cap Rate 7%
$342,014
$342.0K
Cap Rate 9%
$266,011
$266.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$36.2K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.2K $16.44/SF
− OpEx
−$10.3K −$4.93/SF
NOI
$23.9K $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%
$478,820
Cap Rate 7%
$342,014
Cap Rate 9%
$266,011
Alternative Uses
Best Use
Multifamily LT 5
$342.0K
$299.3K – $399.0K
NOI $23,941 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$316.1K
$276.6K – $368.7K
NOI $22,124 @ 7.0% cap · market cap 4.42%
Theoretical Best
Specialty Retail
$718.7K
$628.9K – $838.5K
NOI $50,311 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Explore this area
Business Placement
Demographics for 89106, NV
27,695
Population
10,906
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
5,430
Density / Sq Mi
$38,848
Median Household Income
$31,265
Median Earnings
$1,169
Median Rent
$263,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Each residence has a one-bedroom, one-bathroom layout, and all four are tenant-occupied.
Where is this quadplex located?
The property is located at 708 Jackson Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four residences, each with 1 bedroom and 1 bathroom; All four units are occupied; 2,080 square feet on a 0.17‑acre parcel
