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Michael Way Multifamily Homes & Duplexes for Sale

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  • /9

    $675,000

    • 2,980 Sq Ft

    5305 W Cheyenne Ave, Las Vegas, NV 89108

    EXCELLENT 4 PLEX INVESTMENT OPPORTUNITY !! Great location close to restaurants, shopping centers and transportation. ALL units are 2 BEDROOMS, 1 BATH in good condition. Great Westside Location near the 95 HWY. Property has New Dual Pane Windows. Washer/Dryer hook-up in all units.

    Agent Photo

    Ryan Crighton

    Rothwell Gornt Companies

    (702) 899-8642

    5305 W Cheyenne Ave, Las Vegas, NV 89108
  • /13

    $799,999

    • 3,892 Sq Ft

    1920 Lirio Way, Las Vegas, NV 89108

    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

    Catherine Hyde Simply Vegas

    1920 Lirio Way, Las Vegas, NV 89108
  • /11

    $669,500

    • 3,196 Sq Ft

    5104 Pebble Beach Blvd, Las Vegas, NV 89108

    Great 4-plex investment opportunity and tenants in place! Each unit is a 2 bedroom and 1 bath unit. Same Owner will sell 5100 Pebble Beach (ADAJACENT)

    Larry Strychalski International Realty LV

    5104 Pebble Beach Blvd, Las Vegas, NV 89108

Why Live in Michael Way

Michael Way in Las Vegas is an eclectic neighborhood situated between Rancho Drive and Interstate 95, just 15 miles from Harry Reid International Airport. The area features a diverse mix of homes, from modest condos and townhouses to sprawling custom estates built between the 1960s and mid-2000s. Many homes have updated kitchens and covered patios, with larger lots offering RV parking. Homeowner’s associations in some subdivisions provide amenities like a community clubhouse and tennis courts. Neighborhood parks such as Coleman, Heers, and Wildwood offer grassy areas, playgrounds, and sports facilities, with shaded picnic tables and concrete jogging paths enhancing outdoor activities. Michael Way is known for its convenient access to shopping and dining along Rainbow and Lake Mead boulevards. The Best in the West Shopping Center hosts popular retailers like DSW, TJ Maxx, and Old Navy, while Smith’s and Walmart Neighborhood Market cater to grocery needs. Dining options include Yourway Breakfast and Lunch for customizable morning meals, Ajua Si Senor Restaurant for authentic Mexican cuisine, and Dulce Donuts for 24-hour sweet treats. The neighborhood's proximity to Interstate 95 ensures easy access to downtown Las Vegas. The area is served by highly rated schools, including Wing and Lilly Fong Elementary and JT McWilliams Elementary. Robert O. Gibson Leadership Academy, recognized with the Magnet School of Excellence Award, offers a strong middle school curriculum, while Liberty Baptist Academy provides faith-based education from kindergarten through 12th grade. Michael Way boasts a crime rate lower than the national average, making it a practical choice for families and individuals seeking a balanced lifestyle.

Home Trends in Michael Way, NV

Housing Trends

Median Sale Price
$350,250
Median Single Family Sale Price
$388,888
Median Townhouse Sale Price
$247,000
Median 2 Bedroom Sale Price
$215,500
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$255
Number of Homes for Sale
170
Last 12 months Home Sales
538
Months of Supply
3.80
Median List Price
$359,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%
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