2252 Ellis Street, North Las Vegas, NV 89030

North Las Vegas
Local realty services provided by:ERA Brokers Consolidated
2252 Ellis Street,North las Vegas, NV 89030
$650,000
  • - Beds
  • - Baths
  • 3,008 sq. ft.
  • Multi-family
  • Active
Listed by: catherine hyde
Office: simply vegas
MLS#:2727547
Source:GLVAR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$216.09

About this home

Stabilized Cash Flow with Significant Value-Add Potential. This fully occupied single-story fourplex offers investors immediate income with an in-place 6.21% cap rate and an estimated 8.57% pro forma cap rate through continued rental optimization. The property consists of four spacious 2-bedroom, 1-bath units and has undergone extensive capital improvements designed to reduce future maintenance costs, including a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), commercial coin-operated laundry equipment (2025), remodeled kitchens, upgraded plumbing, serviced HVAC systems, and dual-pane windows. Residents enjoy private fenced yards, exterior storage, ample on-site parking, and shared laundry facilities that enhance tenant satisfaction and retention. Located in an established North Las Vegas rental market with convenient access to major employment centers, shopping, schools, and transportation, this professionally maintained asset offers a compelling...

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Home facts

  • Year built:1963
  • Listing ID #:2727547
  • Added:259 day(s) ago
  • Updated:July 02, 2026 at 11:02 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Oven, Range, Refrigerator
  • Living area:3,008 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Flat
  • Year built:1963
  • Building area:3,008 sq. ft.
  • Lot area:0.19 Acres
  • Architectural Style:Fourplex
  • Construction Materials:Stucco, Wood Frame
  • Levels:1 Story

Schools

  • Elementary school:,

Utilities

  • Water:Public

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$216.09
  • Tax amount:$1,167

Features and amenities

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

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