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2859 Wheelwright Dr 4 Unit Apartment Building $545,000 ($136,250/Unit) Las Vegas, NV 89121



INVESTMENT HIGHLIGHTS
- The apartments are 100% occupied presenting strong cash-flow with some room for improvement.
- 4570 Carriage Park Dr is also available and is a 4-unit apartment property with four two-bed/two-baths/ with washer dryer units.
- 4-unit apartment property with four two-bed/two-baths/ with washer dryer units.
- HOA maintains the grounds and Trash
EXECUTIVE SUMMARY
Rare find! This well-kept 4-plex is located just minutes from Boulder Station Casino, shopping, restaurants, and easy freeway access. Each of the four units features 2 spacious bedrooms, 2 full bathrooms, in-unit washer & dryer, full kitchen, and private patio or balcony—making them highly desirable for tenants. We have 2 buildings for sale. 2859 Wheelwright Dr & 4570 Carriage Park Dr. Each for $545,000.00.
All units are individually metered for power and gas and offer a comfortable, functional layout. With consistent rental income and strong demand in the area, this is a solid opportunity for both new and seasoned investors.
Property Highlights:
4 Units – Each 2 Bed / 2 Bath
Washer & Dryer in Each Unit
Full Kitchens
Private Patios or Balconies
Convenient Location Near Transit, Dining, and Entertainment
Don’t miss your chance to own a fully occupied income-generating property in a prime Las Vegas location! With room for improvement on rents.
All units are individually metered for power and gas and offer a comfortable, functional layout. With consistent rental income and strong demand in the area, this is a solid opportunity for both new and seasoned investors.
Property Highlights:
4 Units – Each 2 Bed / 2 Bath
Washer & Dryer in Each Unit
Full Kitchens
Private Patios or Balconies
Convenient Location Near Transit, Dining, and Entertainment
Don’t miss your chance to own a fully occupied income-generating property in a prime Las Vegas location! With room for improvement on rents.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $545,000 | Building Class | C |
| Price Per Unit | $136,250 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 3,672 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1984/2018 |
| Apartment Style | Low-Rise | Parking Ratio | 1.09/1,000 SF |
| Zoning | R-3 - Multi-Family Residential | ||
| Price | $545,000 |
| Price Per Unit | $136,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,672 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2018 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | R-3 - Multi-Family Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Deck
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Patio
- Porch
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $1,145 | 918 |
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PROPERTY TAXES
| Parcel Number | 161-08-213-004 | Total Assessment | $96,016 (2025) |
| Land Assessment | $36,050 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $59,966 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
161-08-213-004
Land Assessment
$36,050 (2025)
Improvements Assessment
$59,966 (2025)
Total Assessment
$96,016 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Las Vegas Realty LLC
2859 Wheelwright Dr
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