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Simply Vegas
4672 Krissylouise Way, Las Vegas, NV 89121
- $529,000
- 8
- BD
- 4
- BA
- 3,168
- SqFt
- List Price
- $529,000
- Status
- ACTIVE
- MLS#
- 2826648
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,168
- Lot Size
- 1,742
Property Description
Fully occupied 4-plex in gated Village At Karen- immediate cash flow with real upside. Current leases total $4,257/month ($51,084/year). Units A & B are currently ~$150 below market at $928.50 each through 12/31/2026; Units C & D are at $1,250 and $1,150 through 3/31/2027. Community average rents are ~$1,075–$1,200. Bringing the below-market units to market would push annual income to roughly $55,000–$58,000. HOA covers grounds, sewer, trash, exterior, and community pool/playground — lower operating expenses. All 2 bed/1 bath units with W/D hookups, central A/C, public utilities, open parking. Strong in-place income with clear rent upside. Appointment only.
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Additional Information
- Subdivision
- Village At Karen
- Zip
- 89121
- Elementary School 3-5
- Dearing, Laura, Dearing, Laura
- Middle School
- Mack Jerome
- High School
- Chaparral
- Bedroom Downstairs Yn
- Yes
- Fireplace
- Gas, Living Room
- Number of Fireplaces
- 1
- House Face
- South
- Living Area
- 3,168
- Lot Features
- Desert Landscaping, Landscaped, Trees, < 1/4 Acre
- Flooring
- Carpet
- Lot Size
- 1,742
- Acres
- 0.04
- Property Condition
- Resale
- Interior Features
- Bathroom on Main Level, Bedroom on Main Level, None
- Exterior Features
- Balcony
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Fence
- None
- Year Built
- 1995
- Bldg Desc
- 2 Stories
- Parking
- Assigned, Open, One Space, Uncovered, Guest
- Gated Comm
- Yes
- Pool Features
- Association
- Appliances
- Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
- Utilities
- Electricity Available
- Sewer
- Public Sewer
- Association Phone
- 702-433-0149
- Association Fee
- Yes
- HOA Fee
- $230
- HOA Frequency
- Monthly
- HOA Fee Includes
- Association Management, Maintenance Grounds, Recreation Facilities, Taxes
- Association Name
- village at Karen
- Community Features
- Gated, Playground, Pool, Spa/Hot Tub
- Annual Taxes
- $3,118
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Courtesy of Christopher J. Jaramillo with Keller Williams Realty Las Veg.
LVR MLS deems information reliable but not guaranteed.
Copyright 2026 of the Las Vegas REALTORS® MLS. All rights reserved.
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