2201 James Bilbray Dr Las Vegas, NV 89108
Michael Way NeighborhoodEstimated payment $4,658/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
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