1165 Sierra Vista Drive, Las Vegas, NV 89169

Las Vegas
Local realty services provided by:ERA Brokers Consolidated
1165 Sierra Vista Drive,Las Vegas, NV 89169
$1,310,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,002 sq. ft.
  • Multi-family
  • Active
Listed by: mark anthony a. posner
Office: signature real estate group
MLS#:2801639
Source:GLVAR

Price summary

  • Price:$1,310,000
  • Price per sq. ft.:$327.34

About this home

H-1 ZONING!! Exceptional opportunity to acquire a fully occupied 4-plex at 1165 Sierra Vista Drive, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive Net Operating Income (NOI) of $82,723, representing approximately a 6.3% capitalization rate based on the current list price. This well-maintained asset has been updated and is in excellent condition, including all new HVAC/air conditioning units, helping minimize future capital expenditures. Residents also enjoy access to a shared swimming pool and a shared coin-operated laundry facility, creating additional income potential. Best of all, there is no HOA, keeping operating costs lower and maximizing investor returns. A key feature that sets this property apart is its highly desirable H-1 (Limited Resort & Apartment) zoning. The adjacent 4-plex at 1153 Sierra Vista Drive is also available for purchase and is similarly...

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Home facts

  • Year built:1963
  • Subdivision & Development:Maryland Gardens
  • Listing ID #:2801639
  • Added:67 day(s) ago
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Oven, Range, Refrigerator
  • Living area:4,002 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Flat
  • Year built:1963
  • Building area:4,002 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Balcony, Private Yard
  • Levels:2 Story

Schools

  • Elementary school:,

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,310,000
  • Price per sq. ft.:$327.34
  • Tax amount:$1,836

Features and amenities

  • Appliances:Range, Refrigerator
  • Laundry features:In Common Area, Laundry Room
  • Pool features:Pool

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