$649,888
$49K PRICE DROP

Estimated payment $3,673/month

Total Views 13,225
-- Bed
-- Bath
1,610 Sq Ft
$404 Price per Sq Ft

Highlights

  • No HOA
  • Luxury Vinyl Plank Tile Flooring
  • Wall Furnace
  • Window Unit Cooling System
  • Property is in very good condition
  • 3-minute walk to Ethel Pearson Park

About This Home

GREAT investment opportunity in the historic westside of Las Vegas. Property has been fully renovated and stabilized in 2022. Same tenants have occupied the property since the renovations were complete. This property is running at a 6.8% cap rate and is fully occupied. Sqft is 2,648. This one is a gem so don't miss on this opportunity!

Last Listed By

Joshua Lafond

Platinum Real Estate Prof Brokerage Phone: (702) 813-0533 License #S.0183193 Listed on: 08/22/2024

Platinum Real Estate Prof

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1958

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Oven
  • Range

Parking

  • Alley Access
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • H F M & M Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$510

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 6.4
  • Subdivision Name: H F M & M Add
  • Directions: Washington and G st
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 813-0533
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: None
  • Living Area: 1610.0

Exterior Features

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

Garage/Parking

  • Parking Features: Alley Access, Paved

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1509.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

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

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50400.0
  • Insurance Expense: 3248.0
  • Annual Operating Expense: 5799.0

Tax Info

  • Tax Annual Amount: 510.0

Map

Range of Values:

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Average Value
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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 $551 $58,316 $38,500 $19,816
2024 $510 $58,316 $38,500 $19,816
2023 $510 $41,734 $24,500 $17,234
2022 $473 $30,048 $14,000 $16,048
2021 $438 $25,688 $12,950 $12,738
2020 $404 $26,028 $12,950 $13,078
2019 $379 $23,879 $11,200 $12,679
2018 $361 $22,327 $10,500 $11,827
2017 $667 $20,352 $8,750 $11,602
2016 $340 $16,606 $5,250 $11,356
2015 $1,389 $14,458 $3,500 $10,958
2014 -- $14,390 $3,500 $10,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2025 01/11/25 Price Changed $649,888 -7.0% $404 / Sq Ft
08/22/2024 08/22/24 For Sale $699,000 +161.8% $434 / Sq Ft
04/28/2021 04/28/21 Sold $267,000 -11.0% $166 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $300,000 +50.0% $186 / Sq Ft
10/03/2019 10/03/19 Sold $200,000 -18.0% $75 / Sq Ft
09/16/2019 09/16/19 For Sale $244,000 +54.9% $92 / Sq Ft
10/10/2017 10/10/17 Sold $157,500 -10.0% $151 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $175,000 -- $168 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $267,000 First American Title Insu
Bargain Sale Deed -- Clear Title Company
Bargain Sale Deed $200,000 Clear Title Company
Bargain Sale Deed -- Accommodation
Bargain Sale Deed $167,500 Esquire Title Of Nevada
Bargain Sale Deed $50,000 Nevada Title Las Vegas
Quit Claim Deed -- None Available
Bargain Sale Deed $57,000 First American Title Paseo V
Trustee Deed $90,000 Fidelity National Default So
Bargain Sale Deed $152,500 National Title Company
Interfamily Deed Transfer $81,000 Equity Title Of Nevada
Deed $82,500 Ati Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- Lawyers Title
Deed $54,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 New Conventional
Previous Owner $42,750 Unknown
Previous Owner $32,326 Unknown
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $83,000 No Value Available
Previous Owner $82,055 FHA
Previous Owner $80,950 FHA
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2611048

Las Vegas REALTORS®

APN: 139-27-210-130