1932 Lirio Way | Las Vegas, NV 89108
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
This Multifamily Property is no longer advertised on LoopNet.com.
1932 Lirio Way
Las Vegas, NV 89108
Multifamily Property For Sale
·
4 Units

Investment Highlights
- Value-Add Upside — Pro forma cap rate of 6.78% via straightforward rent optimization
- Desirable Unit Features — Fireplaces, private laundry, large open layouts
- Strong Rental Demand — Proximity to Summerlin, major freeways, and employment hubs
- Stabilized Income — Fully occupied by listing date with stable tenant base
- Ample On-Site Parking — Enhances tenant convenience and retention
- Well-Maintained 1988 Construction — Durable asset with minimal deferred maintenance
Property Facts
| No. Units | 4 | Building Size | 4,072 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R3 - Medium Density Residential (R-3) | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,072 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R3 - Medium Density Residential (R-3) |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Range
- Yard
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,000 |
Property Taxes
| Parcel Number | 138-23-710-002 | Improvements Assessment | $70,634 |
| Land Assessment | $54,950 | Total Assessment | $125,584 |
Property Taxes
Parcel Number
138-23-710-002
Land Assessment
$54,950
Improvements Assessment
$70,634
Total Assessment
$125,584
Listing ID: 37686601
Date on Market: 9/15/2025
Last Updated:
Address: 1932 Lirio Way, Las Vegas, NV 89108
The Michael Way Multifamily Property at 1932 Lirio Way, Las Vegas, NV 89108 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Downtown Las Vegas Apartment Buildings
- Michael Way Apartment Buildings
- Downtown North Las Vegas Apartment Buildings
- University District Apartment Buildings
- Meadows Village Apartment Buildings
- The Strip Apartment Buildings
- East Las Vegas Apartment Buildings
- Sunrise Manor Apartment Buildings
- Twin Lakes Apartment Buildings
- Huntridge Apartment Buildings
- Central Las Vegas Apartment Buildings
- Las Vegas Strip Apartment Buildings
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map

Link copied
Your LoopNet account has been created!
Thank you for your feedback.
Please Share Your Feedback
We welcome any feedback on how we can improve LoopNet to better serve your needs.X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.