Three of four units occupied and generating $3,850/month in rental income! This updated fourplex offers investors immediate cash flow with additional upside through lease-up of the remaining available unit. Major capital improvements have already been completed, including brand-new building-wide plumbing (2024), updated water heaters, renovated bathrooms in all four units, updated windows, and luxury vinyl plank flooring in three units-allowing the next owner to focus on growing returns rather than tackling major repairs. The property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with separately metered electric service to help minimize owner expenses. A spacious courtyard-style layout, ample parking, and a convenient location near Downtown Las Vegas, the Arts District, shopping, dining, public transportation, and major employment centers make this an attractive property for tenants. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire an income-producing asset with major improvements already in place and room for future growth.
Details
MLS #
2789715
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1963
Days On Site
156
Listing Provided By
Realty ONE Group, Inc | Deshawn L. Williams
Features
SQ Feet
2,870
Story(s)
1
Units
4
Building(s)
1
Acreage
0.15
Interior
Cooling
Central Air
Heating
Central, Electric
Heating Yes / No
Yes
Cooling Yes / No
Yes
Interior Features
Window Treatments
Window Features
Blinds
Furnished
Unfurnished
Appliances
Refrigerator, Water Heater
Exterior
Roof
Composition, Flat, Shingle
Construction Materials
Stucco
Utilities
Sewer
Public Sewer
Other
List Aor
Greater Las Vegas Association Of Realtors Inc
Taxes
Property
1661
Area Information
State
NV
County
Clark
City
Las Vegas
Zip Code
89101
Community Name
Artesian Acres
Sourced by Back At You
MLS Number: 2789715
Deshawn L. Williams – (702) 286-5863 – deshawnlwilliams1@gmail.com
Realty ONE Group, Inc – (702) 898-7575 – mark.otero@realtyonegroup.com
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The data relating to real estate for sale on this web site comes from the Las Vegas REALTORS® MLS. Information deemed reliable but not guaranteed. COPYRIGHT 2022 OF LAS VEGAS REALTORS® MLS. ALL RIGHTS RESERVED.
MLS Number: 2789715
Deshawn L. Williams – (702) 286-5863 – deshawnlwilliams1@gmail.com
Realty ONE Group, Inc – (702) 898-7575 – mark.otero@realtyonegroup.com