This Multifamily Property is no longer advertised on LoopNet.com.

718 W Wilson Ave
Las Vegas, NV 89106
Historic West Side Central Las Vegas Fourplex · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Prime Location: Situated in the Historic Westside, part of the Vision 2045 Downtown City of Las Vegas Master Plan, and within a designated Opportunity
  • Stable Income: Fully occupied with long-term tenants, generating solid annual income with low operating expenses.
  • Low Property Taxes: Property taxes are only $990 per year.
  • Well-Maintained: This garden-style, single-story fourplex has been updated with new windows, a water heater, and central air conditioning units.
  • Additional Income Potential: Opportunities to increase revenue through laundry room utilization, leasing the storage area, and implementing RUBs to
  • Convenient Access: Located near downtown Las Vegas, with easy freeway access and a gated courtyard for added privacy.

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,300 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1963/2023
Zoning T4-N

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Dining Room
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Fenced Lot
  • Trash Pickup - Curbside
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,250 572

Property Taxes

Property Taxes

Parcel Number
139-27-310-059
Land Assessment
$38,500
Improvements Assessment
$23,319
Total Assessment
$61,819
  • Listing ID: 33168572

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 718 W Wilson Ave, Las Vegas, NV 89106

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