Quadplex with On-Site
For Sale
$498,000
728 N 11th Street, Las Vegas, NV 89101
Residential, Las Vegas, NV
Property Size3,550 SF
Lot Size0.16 Acres
Price / SF$140.28
Days on Market252
Property Features for 728 N 11th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Stewart Add
Elementary school
,
Directions
Continue on I-215 W. Take I-15 N to Las Vegas Blvd N in Las Vegas. Take exit 75A from I-11 S/US-93 S/US-95 S, Take E Bonanza Rd to N 11th St
Standard status
Active
APN
139-26-410-083
Size
3,550 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1604
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
4
Flooring type
Tile
Building materials
Stucco
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Keller Williams MarketPlace · Keller Williams Realty
(702) 939-0000
Listed By:
Richard J. Brenkus · License #BS.0016186
(702) 752-0044
Added: Feb 3
Changed: Sep 14
Last Checked: Oct 13 at 11:06AM
MLS# 2753429
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 quadplex contains 4 residential units, with each unit configured as 2 bedrooms and 1 bath. The property includes 3,550 square feet of building area on a 0.16-acre parcel. Stucco construction, tile flooring, shingle and composition roofing, and central heating and air conditioning are in place.
Located at 728 N 11th Street in Las Vegas, the property is served by public water and public sewer. Additional physical details include electric heating, central air conditioning, and on-site parking. The building was constructed in 1962.
Located at 728 N 11th Street in Las Vegas, the property is served by public water and public sewer. Additional physical details include electric heating, central air conditioning, and on-site parking. The building was constructed in 1962.
Key Highlights
- 4‑unit quadplex with 2 bedrooms and 1 bath per unit
- 3,550 square feet of building area
- 0.16‑acre parcel at 728 N 11th Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,861
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,220
$817.2K
Cap Rate 7%
$583,729
$583.7K
Cap Rate 9%
$454,011
$454.0K
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$61.8K $17.40/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$58.4K $16.44/SF
− OpEx
−$17.5K −$4.93/SF
NOI
$40.9K $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%
$817,220
Cap Rate 7%
$583,729
Cap Rate 9%
$454,011
Alternative Uses
Best Use
Multifamily LT 5
$583.7K
$510.8K – $681.0K
NOI $40,861 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$539.4K
$472.0K – $629.3K
NOI $37,760 @ 7.0% cap · market cap 7.58%
Theoretical Best
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,867 @ 7.0% cap · market cap 17.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four units provide two-bedroom, one-bath layouts with parking available on the property.
Where is this quadplex located?
The property is located at 728 N 11th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: 4‑unit quadplex with 2 bedrooms and 1 bath per unit; 3,550 square feet of building area; 0.16‑acre parcel at 728 N 11th Street
