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Fully occupied and professionally managed, this turnkey fourplex in Northwest Las Vegas offers four spacious 2-bed, 2-bath units, each with in-unit laundry, fireplaces, and private storage. The property currently generates $6,005 in monthly rental income, with upside potential to $6,600/month through market rent adjustments, increasing the CAP rate from 6.92% to 7.32%. Built in 1984 and requiring minimal updates, this is a low-maintenance, high-demand asset positioned for value optimization. Located near Summerlin, tenants benefit from convenient access to shopping, dining, entertainment, and major transit routes. With strong cash flow and long-term appreciation potential, this is a rare opportunity in one of Las Vegas's most stable rental corridors.
| DAYS ON MARKET | 16 | LAST UPDATED | 6/16/2025 |
|---|---|---|---|
| TRACT | Sierra Oeste | YEAR BUILT | 1984 |
| COUNTY | Clark | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Oven, Range, Refrigerator |
| CONSTRUCTION | Stucco |
| HEAT | Central, Natural Gas |
| INTERIOR | Storage |
| LOT | 6970 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Fourplex |
| SUBDIVISION | Sierra Oeste |
| TAXES | 2797 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Catherine Hyde, Simply Vegas
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