$830,000
$20K PRICE DROP

Estimated payment $4,658/month

Total Views 5,560
-- Bed
-- Bath
3,976 Sq Ft
$209 Price per Sq Ft

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

Catherine Hyde

Simply Vegas Brokerage Phone: (702) 408-2289 License #S.0070366 Listed on: 08/26/2025

Simply Vegas

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.023
  • Subdivision Name: Rock Spgs Vista Unit #11
  • Directions: From E Summerlin Pkwy and Buffalo, travel E and exit onto Lake Mead, left on James Bilbray, left on Balzar, right on Wilma, and approach Building 10 to find 2201 James Bilbray Dr.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1998
  • Attribution Contact: (702) 408-2289
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Amenities: Storage
  • Living Area: 3976.0

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: Excellent, Resale
  • Roof: Tile

Utilities

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

Condo/Co-op/Association

  • Amenities: Landscaping, Pool
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Schools

Lot Info

  • Lot Size Sq Ft: 1000.0
  • Additional Parcels Description: ---

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3038.0

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 $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
Source: Public Records

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
Source: Las Vegas REALTORS®

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
Source: Public Records

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: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2713304

Las Vegas REALTORS®

APN: 138-23-124-071