UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,151 sqft
Price per Sqft $195
Subdivision Stewart Add
MLS Listing ID 2814349
Style Fourplex
Construction Status Very Good Condition
HOA Y/N No
Year Built 1955
Annual Tax Amount $1,480
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
Capitalize on immediate rental income with this fully occupied 4-unit property in the heart of Las Vegas. Spanning 3,151 square feet on a two-story layout, this low-maintenance asset features a total of 5 bedrooms and 4 bathrooms, fully stabilized with reliable, long-term tenants in place. Capital improvements offer major peace of mind, including brand-new plumbing throughout and updated units. The property currently generates $3,850 in gross monthly rent, providing strong day-one cash flow with clear upside potential to adjust rents to full market rates immediately.
Each unit comes well-equipped with essential appliances, including ovens, refrigerators, and in-unit washers, and residents also enjoy access to a dedicated community laundry room featuring two dryers. Situated in a high-demand location near major employment hubs, dining, entertainment, and walking-distance public transit, this property supports consistently high tenant retention. A rare, turnkey investment asset ready for your portfolio—contact listing agent for financial details and lease terms.
Location
State NV
County Clark
Direction From the I-15 take the Las Vegas BLVD exit, L on Las Vegas BLVD, R on Bonanza, L on N 11th Street. Property to your left.
Interior
Interior Features Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace No
Window Features Blinds
Appliance Dryer, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Private Yard
Amenities Available Laundry
Water Access Desc Public
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public
Construction Status Very Good Condition
Schools
Elementary Schools ,
Others
Tax ID 139-26-410-071
Security Features Security System Owned
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/las/2814349
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Realtor Nevada License S.0199279
9205 W Russell Rd, Suite 240, Vegas, NV 89148, United States