$660,000

1901 Dwarf Star Dr Las Vegas, NV 89115

Estimated payment $3,633/month

Total Views 1,338
-- Bed
-- Bath
3,212 Sq Ft
$205 Price per Sq Ft

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System
  • Community Playground
  • Tile Flooring

About This Home

Great investment opportunity! Well-maintained fourplex located in a desirable HOA community, where monthly dues include roof and exterior maintenance for added peace of mind. Three units are occupied with long-term tenants, providing immediate rental income. One unit is vacant—perfect for an FHA buyer or ready to lease with ease at current market rates. Each unit features an indoor laundry room with full-size washer and dryer, wood-burning fireplace, refrigerator, stove, dishwasher, and garbage disposal. Community amenities include a playground and sparkling pool, making this an attractive option for tenants and owner-occupants alike. Don’t miss out on this strong cash-flowing property in a well-kept neighborhood!

Listing Agent

Mayte Miranda

Tripoint Realty & Property Mgt License #BS.0145917 Listed on: 11/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, ground maintenance, recreation facilities, reserve fund, trash
  • 4 Units
  • Lake Mead Villas Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 7.08
  • Subdivision Name: Lake Mead Villas
  • Directions: From Lamb and Lake Mead - west on Lake Mead; south on Dwarf Star in Cape Cod Condos
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 3212.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Reserve Fund, Trash

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---

Rental Info

  • Tenant Pays: Electricity
  • Lease Term Options: Month To Month

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 61500.0
  • Annual Operating Expense: 14804.0

Tax Info

  • Tax Annual Amount: 2068.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $2,068 $96,187 $42,350 $53,837
2024 $1,915 $96,187 $42,350 $53,837
2023 $1,915 $91,238 $40,600 $50,638
2022 $1,774 $81,741 $33,250 $48,491
2021 $1,643 $74,532 $28,000 $46,532
2020 $1,522 $72,276 $25,200 $47,076
2019 $1,427 $69,873 $22,750 $47,123
2018 $1,361 $62,662 $16,800 $45,862
2017 $1,783 $59,821 $14,525 $45,296
2016 $1,275 $59,598 $12,600 $46,998
2015 $1,272 $57,726 $11,200 $46,526
2014 $1,233 $40,552 $7,000 $33,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 For Sale $660,000 +140.0% $205 / Sq Ft
11/27/2017 11/27/17 Sold $275,000 0.0% $86 / Sq Ft View Prior Sale
10/28/2017 10/28/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $275,000 +135.0% $86 / Sq Ft
05/11/2012 05/11/12 Sold $117,000 -6.4% $36 / Sq Ft View Prior Sale
04/11/2012 04/11/12 Pending -- -- --
06/01/2011 06/01/11 For Sale $125,000 -- $39 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed $275,000 Chicago Title Las Vegas
Bargain Sale Deed $160,000 Lawyers Title Of Nevada Cha
Bargain Sale Deed -- Fidelity National Title Las
Bargain Sale Deed $117,000 Fidelity National Title Las
Bargain Sale Deed $455,000 Ticor Title Of Nevada Inc
Bargain Sale Deed $385,000 Ticor Title Of Nevada Inc
Bargain Sale Deed $190,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,250 New Conventional
Previous Owner $87,750 New Conventional
Previous Owner $360,000 Unknown
Previous Owner $269,500 Fannie Mae Freddie Mac
Previous Owner $100,000 No Value Available
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2735969

Las Vegas REALTORS®

APN: 140-19-712-020