$635,000

Estimated payment $3,384/month

-- Bed
-- Bath
3,880 Sq Ft
$164 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Rafael Rivera Park
  • Luxury Vinyl Plank Tile Flooring

About This Home

Step into a strong investment opportunity with this well-maintained four-plex in a high-demand Las Vegas rental corridor. Each of the four units features two bedrooms and two baths, practical layouts, and dependable long-term tenants. Several units offer updated kitchens, refreshed interiors, and improvements that boost tenant satisfaction while lowering maintenance needs. The property sits on a spacious lot with ample parking, privacy, and room for outdoor enhancements or storage. Its central location places residents minutes from Downtown Las Vegas, Fremont East, major transit routes, schools, and daily conveniences—making it appealing to a wide range of renters. Whether you're expanding a portfolio, purchasing your first multifamily, or planning to live in one unit and rent the others, this property provides stable income, immediate functionality, and strong value-add potential.

Listing Agent

Kekoa Lwin

eXp Realty Brokerage Email: kekoa@teamkekoa.com License #S.0191899 Listed on: 11/20/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Oven
  • Range with Range Hood

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 12 / A

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Shenandoah Square Subdivision

Building Details

  • Maintenance Expense $354
  • Professional Management Expense $2,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$489

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 3.1
  • Professional Management Expense: 2912.0
  • Subdivision Name: Shenandoah Square
  • Directions: Exit at S Eastern on 95 HWY, From Stewart and Eastern head east to property
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • Attribution Contact: kekoa@teamkekoa.com
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Oven, Range, Refrigerator, Range Hood
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: None
  • Living Area: 3880.0

Exterior Features

  • Construction Type: Brick
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 3150.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Additional Parcels Description: ---

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43115.0
  • Insurance Expense: 2564.0
  • Maintenance Expense: 354.0
  • Annual Operating Expense: 22968.0

Tax Info

  • Tax Annual Amount: 489.0
  • Tax Block: A
  • Tax Lot: 12

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 $944 $79,010 $42,350 $36,660
2024 $875 $79,010 $42,350 $36,660
2023 $875 $76,845 $44,800 $32,045
2022 $811 $57,776 $28,000 $29,776
2021 $751 $51,468 $23,800 $27,668
2020 $694 $50,931 $23,800 $27,131
2019 $651 $48,730 $22,400 $26,330
2018 $621 $43,043 $18,130 $24,913
2017 $1,283 $39,137 $14,700 $24,437
2016 $1,648 $32,383 $8,400 $23,983
2015 $1,686 $29,687 $6,563 $23,124
2014 $2,018 $28,789 $6,563 $22,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 For Sale $635,000 +59.7% $164 / Sq Ft
04/26/2021 04/26/21 Sold $397,500 -0.6% $102 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $400,000 +105.1% $103 / Sq Ft
03/20/2017 03/20/17 Sold $195,000 -4.9% $50 / Sq Ft View Prior Sale
02/18/2017 02/18/17 Pending -- -- --
05/18/2016 05/18/16 For Sale $205,000 -- $53 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $397,500 Lawyers Title Of Nevada
Bargain Sale Deed $195,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $88,100 Ticor Title Las Vegas
Trustee Deed $101,850 Servicelink
Bargain Sale Deed $372,500 First Amer Title Co Of Nv
Bargain Sale Deed -- Lawyers Title Of Nevada
Bargain Sale Deed $227,500 Old Republic Title Company
Bargain Sale Deed $196,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,125 New Conventional
Previous Owner $136,500 New Conventional
Previous Owner $298,000 Unknown
Previous Owner $227,999 Unknown
Previous Owner $216,125 No Value Available
Previous Owner $176,850 No Value Available
Closed $42,749 No Value Available
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2735283

Las Vegas REALTORS®

APN: 139-36-214-017