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1300 N 22nd St 4 Unit Apartment Building $559,950 ($139,988/Unit) Las Vegas, NV 89101

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EXECUTIVE SUMMARY

Introducing a promising investment opportunity: a well-maintained 4-plex built in 1960, offering four identical units. Each unit boasts 2 bedrooms, 1 bathroom, and approximately 885 square feet of comfortable living space. The exterior showcases a classic mid-century design of freshly painted stucco, exuding timeless appeal. Inside, the units maintain their original charm while featuring modern upgrades. With functional kitchens, ample storage, and vintage aesthetics, these units offer a unique and appealing living experience. The property's location in a centrally located neighborhood that ensures convenient access to amenities, schools, parks, and transportation hubs. Investors can capitalize on the property's fair to good condition by implementing strategic renovations to increase its market value and rental income potential. With rising property values, this 4-plex holds considerable long-term appreciation prospects, making it an enticing opportunity for savvy investors.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $559,950
Price Per Unit $139,988
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 3,540 SF
Average Occupancy 95%
No. Stories 2
Year Built 1963
Parking Ratio 1.69/1,000 SF
Opportunity Zone Yes
Zoning R3, Las Vegas

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - 885

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-26-513-007
Land Assessment
$42,000
Improvements Assessment
$33,341
Total Assessment
$75,341
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39146051

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 1300 N 22nd St, Las Vegas, NV 89101

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