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$550,000Price reduced

Reduced from $560,000

4708 Krissylouise WayLas Vegas, NV 89121

  • – beds
  • – baths
  • 3,112 sq ft
  • 1,742 sq ft lot
  • Built 1984

Listed by Christopher R. Palou, Sphere Real Estate, 702-490-9090

$177 per sq ft79 days on marketIDX MLS 2805681

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About this home

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.

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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.

How does this home compare?

At $177 a square foot, this home is 19% below the ZIP 89121 median of $217. It is larger than 89% of the 269 homes for sale there.

  • Priced higher than86%
  • Larger than89%
  • Listed longer than80%

Compared with the 269 homes for sale in ZIP 89121 today, from the MLS listings on this site.

What has the price done?

Listed 79 days ago at $560,000. The price has come down once, $10,000 in all (2%).

  1. Listed$560,000
  2. Price cut $10,000$550,000

Facts and features

The home

Type
Multi Family
Living area
3,112 sq ft
Stories
4
Year built
1984

Inside

Heating
Central, Electric
Cooling
Central Air
Flooring
Luxury Vinyl Plank
Appliances
Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, and more
Laundry
Washer Hookup, Dryer Hookup
Features
Window Treatments

The lot and outside

Lot
1,742 sq ft
Roof
Composition, Shingle
Built of
Stucco, Wood Siding

Costs

Property tax
$2,489 a year
HOA covers
Maintenance Grounds, Sewer, Trash

The community

Neighborhood
Village At Karen
Gated
Yes

Schools

Elementary
,

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

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Where it is

Where is 4708 Krissylouise Way?

In Village At Karen, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Cost of ownership

What would this home cost each month?

At the list price of $550,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.

Estimated monthly payment $3,223
  • Principal and interest$2,781
  • Property tax$275
  • Home insurance$167
  • HOA dues$0

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from Dunlap Real Estate Team.

Lifestyles

What other kinds of homes are for sale in Las Vegas?

Las Vegas has 442 henderson luxury homes, 601 henderson pool homes, and 118 henderson golf homes for sale today.

Fine print
  • Listing information from GLVAR IDX, refreshed November 2, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
  • The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.

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