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1656 Stevens St
Las Vegas, NV 89115
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Renovated Exterior and Interior
- Separate Storage
- Strong Rental Appeal
- On-Site Parking
Executive Summary
Rare 100% occupied fourplex investment opportunity in Las Vegas with strong rental appeal and a functional, income-producing setup.? Each of the four units features a desirable 2-bedroom, 1-bath floor plan with approximately 799 square feet per unit, creating a total of 8 bedrooms, 4 bathrooms, and 3,196 square feet of multifamily living space.? This property offers the kind of consistency investors look for, with all units currently occupied and professional property management already in place.? Beyond the apartment units, the property includes four separate storage rooms, an onsite laundry room, a central courtyard, and five parking spaces, giving tenants added convenience while creating a more complete rental experience.? The property has also benefited from meaningful improvements, including a newer roof installed in 2022, newer exterior paint, and semi-renovated interiors across all units.? Bathrooms and kitchens have been updated, helping improve tenant appeal and long-term functionality.? For investors seeking a stabilized Las Vegas multifamily property, this fourplex delivers immediate occupancy, practical upgrades, and operational simplicity.? Amazing property to add to your portfolio!
Property Facts
| Price Per Unit | $66,000 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,196 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1983 |
| Apartment Style | Low-Rise | Parking Ratio | 1.56/1,000 SF |
| Building Class | C | ||
| Zoning | RM18 - Residential Multi-Family (18 dwelling units per acre) | ||
| Price Per Unit | $66,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,196 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | RM18 - Residential Multi-Family (18 dwelling units per acre) |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,220 | 799 |
Property Taxes
| Parcel Number | 140-19-411-005 | Improvements Assessment | $45,049 |
| Land Assessment | $45,500 | Total Assessment | $90,549 |
Property Taxes
Parcel Number
140-19-411-005
Land Assessment
$45,500
Improvements Assessment
$45,049
Total Assessment
$90,549
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