Updated Fourplex in Prime
828 Sagman Street Las Vegas, NV 89101
MULTI_FAMILY - Other - Las Vegas, NV
Property size:
3,357 SFLot size:
0.16 AcresPrice / SF:
$193/SF- Added:
- Jan 7, 2026
- Days on Market:
- 184
- Last Refresh:
- Jul 10 at 12:06 am
Property Features for 828 Sagman Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Storage, Window Treatments
- Exterior features
- Private Yard
- Appliances
- Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 139-26-310-003
- Size
- 3,357 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1732
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Wood Frame
- Roof type
- Shingle, Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Michael L. Turner License #B.0027356 (702) 876-4098
Listing office Turner Realty 2545 S Torrey Pines Dr, LAS VEGAS, NV (702) 876-4098
Listing date Jan 7, 2026
MLS# 2744619
Listing URL
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 updated fourplex is located in a prime area of Las Vegas. The property features four units with modern touches throughout, offering a fresh and well-maintained appeal. The property has been under the same ownership for 16 years. The lot size is 0.16 acres and the property size is 3357 square feet. All unit leases have expired, providing flexibility for an owner-occupant or an investor looking to adjust rents or deliver units vacant. It presents an excellent investment opportunity with strong potential.
Key Highlights
- Four‑plex with four units in Las Vegas
- All unit leases have expired, with flexibility for owner‑occupant or rental adjustments
- Central heating (natural gas) and central air in the building
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $17.40 |
| − Vacancy | −$3.2k | −$0.96 |
| EGI | $55.2k | $16.44 |
| − OpEx | −$16.6k | −$4.93 |
| NOI | $38.6k | $11.51 |
3,357 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.0K
$483.0K – $644.0K
NOI $38,639 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$510.1K
$446.3K – $595.1K
NOI $35,707 @ 7.0% cap · market cap 5.49%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,199 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Updated fourplex in Las Vegas with flexible leasing options.
Where is this quadplex located?
The property is located at 828 Sagman Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four‑plex with four units in Las Vegas; All unit leases have expired, with flexibility for owner‑occupant or rental adjustments; Central heating (natural gas) and central air in the building
