$625,000

Estimated payment $3,379/month

-- Bed
-- Bath
3,168 Sq Ft
$197 Price per Sq Ft

Highlights

  • Private Yard
  • Tile Flooring
  • Central Heating and Cooling System
  • Window Unit Cooling System

About This Home

Discover a strong investment opportunity with this easily rented four-plex featuring two 1-bedroom units, one 2-bedroom, and one 3-bedroom. Located minutes from the Las Vegas Strip, Downtown Arts District, and UNLV Medical District, it offers steady demand and excellent convenience. Each spacious unit has functional layouts, reliable tenants, and recent updates, including flooring, paint, fixtures, and selective kitchen and bath improvements. The property is individually metered, low-maintenance, and includes off-street parking, making it a turnkey asset. With long-term tenants and below-market rents, there is clear potential for increased income, value-add upgrades, or medium-term rentals for nearby professionals. Set in an area experiencing ongoing revitalization, this four-plex delivers immediate cash flow with long-term upside for both new and seasoned investors.

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

  • $1,061

Year Built

  • Built in 1977

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Bruce Gardens Subdivision

Building Details

  • Maintenance Expense $2,312
  • Professional Management Expense $3,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,061

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 5.31
  • Professional Management Expense: 3403.0
  • Subdivision Name: Bruce Gardens
  • Directions: Right behind Cashman center. From Las Vegas Blvd and 95Frwy, North to Washington, East to Sagman, South to Constantine wy, East to Held, go South to property!!
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • Attribution Contact: kekoa@teamkekoa.com
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 3168.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1708.0

Condo/Co-op/Association

  • Amenities: None

Schools

Lot Info

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

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 52489.0
  • Insurance Expense: 1592.0
  • Maintenance Expense: 2312.0
  • Annual Operating Expense: 19314.0

Tax Info

  • Tax Annual Amount: 1061.0
  • Tax Block: 1
  • 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 $1,969 $77,182 $43,750 $33,432
2024 $1,824 $77,182 $43,750 $33,432
2023 $1,824 $76,179 $43,750 $32,429
2022 $1,689 $66,610 $35,000 $31,610
2021 $1,564 $60,488 $29,750 $30,738
2020 $1,449 $55,333 $23,800 $31,533
2019 $1,358 $54,308 $22,400 $31,908
2018 $1,296 $45,359 $14,000 $31,359
2017 $1,437 $43,850 $11,900 $31,950
2016 $1,214 $41,447 $7,700 $33,747
2015 $1,211 $39,982 $6,300 $33,682
2014 $1,173 $34,726 $6,300 $28,426
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 $625,000 +48.8% $197 / Sq Ft
03/19/2021 03/19/21 Sold $420,000 +2.4% $133 / Sq Ft View Prior Sale
02/17/2021 02/17/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $410,000 +110.3% $129 / Sq Ft
07/14/2016 07/14/16 Sold $195,000 +2.7% $62 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $189,900 -- $60 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $420,000 Wfg National Title Compan
Bargain Sale Deed $195,000 Ticor Title Las Vegas
Bargain Sale Deed $120,000 Fidelity National Title Las
Interfamily Deed Transfer -- Fidelity National Title Las
Bargain Sale Deed $70,875 Chicago Title Las Vegas
Trustee Deed $276,750 Fidelity National
Bargain Sale Deed $228,000 Lawyers Title Of Nevada
Bargain Sale Deed $195,000 Old Republic Title Company
Deed -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $182,400 Unknown
Previous Owner $192,241 FHA
Closed $34,200 No Value Available
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2735262

Las Vegas REALTORS®

APN: 139-26-310-024