2201 James Bilbray Dr Las Vegas, NV 89108
Michael Way NeighborhoodEstimated payment $4,619/month
Highlights
- Community Pool
- Storage
- Landscaped
- Patio
- Tile Flooring
- Central Heating and Cooling System
About This Home
2201 James Bilbray is a Class A fourplex investment in northwest Las Vegas near Summerlin. Built in 1998, it offers four 2-bed/2-bath units (960 SF each) with in-unit laundry, living rooms, and dining areas. The property is fully occupied, with tenant-paid power/gas and HOA-covered water, trash, and sewer. The community features palm-lined streets, stucco homes, and a community pool with water features. Ideally located minutes from Whole Foods, Boca Park, and Mountain View Hospital, it combines tenant convenience with strong rental demand. With a 5.74% proforma cap rate, this turnkey asset provides stability and upside in one of Las Vegas’s most sought-after submarkets.
Listing Agent
Simply Vegas Brokerage Phone: (702) 408-2289 License #S.0070366 Listed on: 08/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,038
Year Built
- Built in 1998
Lot Details
- 1,000 Sq Ft Lot
- Landscaped
- Property is in excellent condition
Home Design
- Quadruplex
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 3,976 Sq Ft Home
- 2-Story Property
- Storage
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Plank Tile
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Central Heating and Cooling System
Community Details
Overview
- Property has a Home Owners Association
- Association fees include ground maintenance, sewer, trash, water
- 4 Units
- Rock Spgs Vista Unit #11 Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,038 | $170,674 | $57,400 | $113,274 |
| 2024 | $2,814 | $170,674 | $57,400 | $113,274 |
| 2023 | $2,814 | $179,978 | $72,800 | $107,178 |
| 2022 | $2,606 | $164,486 | $63,000 | $101,486 |
| 2021 | $2,413 | $152,508 | $56,000 | $96,508 |
| 2020 | $2,238 | $139,834 | $43,400 | $96,434 |
| 2019 | $2,097 | $128,850 | $39,200 | $89,650 |
| 2018 | $1,974 | $98,650 | $22,400 | $76,250 |
| 2017 | $2,859 | $87,200 | $18,375 | $68,825 |
| 2016 | $1,848 | $72,828 | $15,400 | $57,428 |
| 2015 | $2,896 | $58,646 | $14,000 | $44,646 |
| 2014 | $1,787 | $58,078 | $21,000 | $37,078 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | Price Changed | $830,000 | -2.4% | $209 / Sq Ft | |
| 08/26/2025 08/26/25 | For Sale | $850,000 | +13.3% | $214 / Sq Ft | |
| 08/24/2022 08/24/22 | Sold | $750,000 | -3.8% | $189 / Sq Ft | View Prior Sale |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- | |
| 05/06/2022 05/06/22 | For Sale | $779,999 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $750,000 | Equity Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $179,000 | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Nevada | |
| Bargain Sale Deed | $520,000 | Lawyers Title Of Nevada | |
| Bargain Sale Deed | $390,000 | United Title Of Nevada | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Bargain Sale Deed | $319,000 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Previous Owner | $416,000 | Unknown | |
| Previous Owner | $273,000 | Unknown | |
| Previous Owner | $260,000 | No Value Available | |
| Previous Owner | $255,200 | No Value Available | |
| Closed | $74,950 | No Value Available | |
| Closed | $52,000 | No Value Available |
Source: Las Vegas REALTORS®
MLS Number: 2713304
APN: 138-23-124-071
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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