This centrally located four-plex offers an excellent investment opportunity in the heart of Las Vegas, just minutes from UNLV, the Strip, shopping, dining, and schools. The property features four fully rented units in good condition with long-term tenants: Unit A: 2-bed, 1-bath, rent $1, 100. Unit B: 1-bed, 1-bath, currently vacant. Unit C: 3-bed, 1-bath, rent $1, 345. Unit D: 2-bed, 1-bath, rent $1, 145 After March 2025, leases will convert to Month-to-Month, offering the potential for rent increases. The complex also includes a community pool, and the HOA covers water and trash. This property offers stable income with strong tenant history and is a great opportunity for long-term growth in a prime Las Vegas location.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Appliances
- Dishwasher
- Dryer
- Garbage Disposer
- Washer
Other Rooms
- Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Bedroom, Full Bath, Full Bath, Full Bath, Full Bath
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Electric
- Ceiling Fans: Yes
Interior Features
Land Info
- Lot Size Acres: 0.11
- Lot Size Square Feet: 4792
Other Property Info
- Annual Tax Amount: 1749
- Source Listing Status: Active
- County: Clark
- Directions: From Tropicana and Maryland Pkwy, head S on Maryland Pkwy to Parkway Villas. Through gate and then turn left on Garden Ln.
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Century Gardens Sub 2nd
- Parcel Number: 162-27-616-014
- Subdivision: Century Gardens Sub 2nd
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 1977
- Building Exterior Type: Stucco
- Property Age: 48
- Roof: Composition Shingle
- Structure Type: Multi Family
- House Style: Fourplex