1101 E. Clark Ave Apartments 1101 E Clark Ave 10 Unit Apartment Building $1,500,000 ($150,000/Unit) 6.31% Cap Rate Las Vegas, NV 89101

1101 E Clark Ave is a fully renovated 10-unit multi-family apartment building known as Clark Apartments or The Clark Apartments, located in the heart of Downtown Las Vegas. Constructed in 1954, it features a two-story garden-style design with wood frame construction, stucco exterior, and a flat roof, spanning 7,000 square feet on a 0.25-acre corner lot at 11th Street and East Clark Avenue. The property includes a mix of six one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units, each equipped with individual HVAC systems, air conditioning/heating, oven/stove, range, and refrigerator. Electricity is individually metered for each unit.
Nestled in the Legal District of Downtown Las Vegas, Clark Apartments embodies the area’s blend of historic charm and modern revival, distinct f rom the high-energy Strip. This neighborhood pulses with commercial, cultural, and culinary energy—think fine dining, live music venues, art galleries in the nearby Arts District, and the iconic neon glow of Fremont Street Experience, all reachable on foot or via quick transit. It’s a more relaxed, locals-favored pocket of the city, with a resurgence in boutique shops, breweries, and community events fostering a creative vibe.