$550,000

Estimated payment $3,066/month

Total Views 5,835
-- Bed
-- Bath
2,067 Sq Ft
$266 Price per Sq Ft

Highlights

  • Private Yard
  • Patio
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

Prime Duplex Investment Near UNLV | No HOA | $3,400/Month Income. Fully occupied and generating a true 6% CAP, this turnkey duplex sits on a -acre lot and includes two spacious 2BD/2BA units, each with a private garage, fireplace, full appliance package, private front courtyard, and large backyard. Built in 1977 with 2,067 SF total, it features low-maintenance xeriscaped landscaping—ideal for long-term hold investors. Professionally managed. Both units are occupied. 3D tours are available for prospective buyers to preview interiors prior to offer.Buyer may retain current management, bring in new, or self-manage. OM and Rent Roll available on request. Located near the Las Vegas Strip, Harry Reid Airport, Sunrise Hospital, and within walking distance to UNLV Tech Park and the Midtown UNLV revitalization zone. With steady public and private investment, housing demand is strong. This property offers immediate income and long-term upside in a high-growth area.

Listing Agent

Catherine Hyde

Simply Vegas Brokerage Phone: (702) 408-2289 License #S.0070366 Listed on: 05/10/2025

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot
  • Private Yard
  • Property is in very good condition

Parking

  • Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,067 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hialeah Homes Subdivision

Building Details

  • Maintenance Expense $1,224
  • Professional Management Expense $3,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,761

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • CapRate: 6.0
  • Professional Management Expense: 3264.0
  • Subdivision Name: Hialeah Homes
  • Directions: 1. Head south on Maryland Parkway from Harmon Ave. 2. Continue for about 0.8 miles. 3. Turn left onto Hialeah Drive. 4. Drive east on Hialeah for approximately 0.3 miles. 5. 1569 Hialeah Drive will be on your right-hand side.
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Attribution Contact: (702) 408-2289
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Range Hood
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2067.0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Features: Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1800.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 1224.0
  • Annual Operating Expense: 9742.0

Tax Info

  • Tax Annual Amount: 1761.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,761 $68,862 $38,500 $30,362
2024 $1,631 $68,862 $38,500 $30,362
2023 $1,631 $60,684 $31,500 $29,184
2022 $1,511 $52,946 $24,500 $28,446
2021 $1,399 $48,046 $24,500 $23,546
2020 $1,296 $46,265 $21,000 $25,265
2019 $1,215 $45,183 $19,600 $25,583
2018 $1,159 $44,503 $19,600 $24,903
2017 $1,086 $43,742 $18,550 $25,192
2016 $1,086 $39,113 $12,600 $26,513
2015 $1,083 $38,703 $12,250 $26,453
2014 $1,049 $34,712 $12,250 $22,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 For Sale $550,000 +29.4% $266 / Sq Ft
09/21/2023 09/21/23 Sold $425,000 -1.2% $206 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $430,000 -- $208 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Clear Title
Bargain Sale Deed $425,000 Clear Title
Bargain Sale Deed -- Clear Title Company
Bargain Sale Deed -- --
Interfamily Deed Transfer -- Stewart Title Company For
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2682305

Las Vegas REALTORS®

APN: 162-23-311-003