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Four-Unit Quadplex
For Sale
$498,000

732 N 11th Street, Las Vegas, NV 89101

Residential, Las Vegas, NV

Property Size3,356 SF
Lot Size0.17 Acres
Price / SF$148.39
Days on Market252

Property Features for 732 N 11th Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Stewart Add
Elementary school ,
Directions FROM MARYLAND AND BONANZA, NORTH ON MARYLAND, WEST ON WILSON, NORTH ON 11TH ST
Standard status Active
APN 139-26-410-082
Size 3,356 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1637

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1961
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Stucco
Roof type Flat
Architectural style Other
Listing Agency: Keller Williams MarketPlace · Keller Williams Realty
Listed By: Richard J. Brenkus · License #BS.0016186
Added: Feb 3 Changed: Sep 12 Last Checked: Oct 13 at 12:06PM
MLS# 2753444

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 four-unit residential property contains 3,356 square feet and was built in 1961. Each unit includes two bedrooms and one bathroom, creating a consistent floor plan across the building. Stucco construction, tile flooring, flat roofing, central air conditioning, and electric central heating are among the documented improvements.

The property occupies 0.17 acres at 732 N 11th Street in Las Vegas, Nevada 89101. Public water and public sewer serve the property, and ample parking is noted in the property remarks.

Key Highlights

  • Four units, each with 2 bedrooms and 1 bathroom
  • 3,356 square feet on a 0.17‑acre lot
  • Built in 1961 with stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,628
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,560 $772.6K
Cap Rate 7%
$551,829 $551.8K
Cap Rate 9%
$429,200 $429.2K
Market Conditions
NOI Build-Up for 3,356 SF
Gross rent
$58.4K $17.40/SF
− Vacancy
−$3.2K −$0.96/SF
EGI
$55.2K $16.44/SF
− OpEx
−$16.6K −$4.93/SF
NOI
$38.6K $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%
$772,560
Cap Rate 7%
$551,829
Cap Rate 9%
$429,200

Alternative Uses

Best Use
Multifamily LT 5
$551.8K
$482.9K – $643.8K (±1% cap)
NOI $38,628 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$509.9K
$446.2K – $594.9K (±1% cap)
NOI $35,696 @ 7.0% cap · market cap 7.17%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,175 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Dental Office Furniture & Home Goods Auto Parts Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

1,830
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer a consistent two-bedroom, one-bathroom layout with central heating and air conditioning.
Where is this quadplex located?
The property is located at 732 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: Four units, each with 2 bedrooms and 1 bathroom; 3,356 square feet on a 0.17‑acre lot; Built in 1961 with stucco construction
More about this property
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