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Updated Quadplex
For Sale
$639,900

828 Sagman Street, Las Vegas, NV 89101

MULTI_FAMILY - Other - Las Vegas, NV

Property Size3,357 SF
Lot Size0.16 Acres
Price / SF$190.62
Days on Market9

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
Subdivision Bruce Gardens
Elementary school ,
Directions East on Washington from Las Vegas Blvd. South on Sagman from Washington to property on left side of street.
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 Natural Gas, Central
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 Agency: Turner Realty
Listed By: Michael L. Turner · License #B.0027356
Added: Jul 24 Changed: Jul 30 Last Checked: Aug 1 at 5:06PM
MLS# 2803245

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.

Updated four-unit quadplex with modern interior touches and an emphasis on upkeep. The property includes storage and window treatments, plus a private yard. Appliances noted include a refrigerator, oven/range, dishwasher, disposal, washer, and dryer. Construction is wood frame with vinyl flooring, and heating and cooling are central with natural gas and central air.

All leases are expired, which can offer flexibility for an owner-occupant or a new tenancy plan. Public water and public sewer serve the property. Roof is shingle/composition, and the home was built in 1976.

The quadplex is set on a 0.16-acre lot and totals 3,357 square feet.

Key Highlights

  • Four‑unit quadplex with all leases expired
  • 0.16‑acre lot
  • 3,357 SF total

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 (±1% cap)
NOI $38,639 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$510.1K
$446.3K – $595.1K (±1% cap)
NOI $35,707 @ 7.0% cap · market cap 5.58%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,199 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Dental Office Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

793
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Updated four-unit quadplex with central HVAC, natural gas heating, and public utilities in Las Vegas.
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 $639,900.
What are key features of this property?
This property features: Four‑unit quadplex with all leases expired; 0.16‑acre lot; 3,357 SF total
More about this property
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