Address
4708 Krissylouise Way, Las Vegas, NV
Price
$ 560,000
Property Attributes
  • MLS#2805681
  • TypeMulti-Family
  • Listing Status Active
  • CountyClark
  • CityLas Vegas
  • NeighborhoodVillage At Karen
  • Zip89121
  • Style
  • Year Built1984
  • Taxes$ 2489
  • Price$ 560,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3112
  • Lot Size0.04 Acres
Data Source:
Greater Las Vegas MLS (GLVAR)
Property Description

FULLY OCCUPIED LAS VEGAS FOURPLEX WITH IMMEDIATE IN-PLACE INCOME. Current scheduled rents of $1,150, $1,100, $1,150 and $1,150 generate a combined $4,550 per month and $54,600 annually. Offered at $560,000, the property provides a 9.75% gross rent yield, 10.26 GRM and a price of $140,000 per unit before operating expenses. The property features four 2-bedroom, 1-bath residences totaling approximately 3,112 square feet. Each residence offers a private entrance, central air, fireplace, functional kitchen, laundry accommodations and access to a secured community pool. An excellent opportunity for a seasoned investor, first-time multifamily buyer or qualified owner-occupant interested in living in one unit while collecting rental income from the others. Potential FHA or VA owner-occupant financing may be available, subject to existing leases, unit availability, appraisal, property eligibility, lender requirements and buyer qualification. Buyer to verify all rents, leases, deposits, HOA information, utilities, operating expenses, property condition, measurements and financing eligibility. This approach markets it to both groups without promising that FHA or VA financing will automatically work. FHA financing for a four-unit property has additional self-sufficiency requirements, while VA financing may permit a qualifying borrower to purchase up to four units when the property will serve as the borrower’s primary residence.

Price History
8/3/2026 Listed $560,000

General Features

Interior Features Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Roof Composition,Shingle
Appliances Dryer,Dishwasher,Exhaust Fan,Disposal,Oven,Range,Refrigerator,Range Hood,Washer
Association Fee Includes Maintenance Grounds,Sewer,Trash
Architectural Style Fourplex
Security Features Gated Community
Construction Materials Stucco,Wood Siding
Year Built 1984
Stories 4
Property SubType Multi Family
Additional Parcels Description ---
County Clark
Property Type Residential
Association Amenities Laundry,Maintenance Structure
HOA / Comm Assn Yes
Subdivision Name Village At Karen
Status Active
Directions Starting on Sahara Ave and Nellis Blvd, head south on Nellis Blvd and make a right on Vegas Valley Dr. Make another right on Mountain Vista St and another right on Brandonkane Ln. Make a left onto Jennydiane Dr and a right onto Tracylynn Ln. Turn left on Arondavid Dr and a right onto Krissylouise Wy. The property will be on the left.
City Las Vegas
NumberOfUnitsTotal 4
Lot Size Units Acres
Lot Size Square Feet 1742
Year Built Details RESALE
Tax Annual Amount 2489
Property Condition Good Condition,Resale
Virtual Tour https://www.propertypanorama.com/instaview/las/2805681
Days on Market 3
Standard Status Active
PostalCity Las Vegas

Interior Features

Flooring Luxury Vinyl Plank
Furnished Y/N Unfurnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Laundry Features Washer Hookup,Dryer Hookup

Exterior Features

Water Source Public
Lot Size Area 0.04
Number of Buildings 1
Building Area Total 3112
Lot Size Acres 0.04

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 89121

Price
AVG $650K
$560K
Taxes
AVG $2,650
$2,489
Year Built
AVG 1981
1984

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