For Sale For Rent
Advertise
bedrooms Pending
bedrooms
bedrooms
8
bathrooms
bathrooms
16
square feet
square feet
3,212
acreage
Acreage
0.17
open houses
Open Houses
-
year built
year built
1987
full baths
Full Baths
16
half baths
Half Baths
0
Invest in a well-maintained, professionally managed fourplex in Lake Mead Villas, a secure, planned community with mature landscaping, playground and pool. Built in 1987 with a Cape Cod design, it’s ideally located in Northeast Las Vegas near major employers such as Amazon distribution centers, the VA Hospital, Nellis AFB, schools, and public transit—ensuring strong rental demand. This 3,212 SqFt property features four spacious 2-bed, 1-bath units, each with a large living room, fireplace, dining area off the kitchen, and private laundry room with a refrigerator, washer, dryer, and dishwasher included. Updated, the property offers LVP floors, fresh paint, newer appliances, shower enclosures, blinds, and new fireplace enclosures. With long-term tenants, this property generates steady income at a 6.77% CAP rate, with potential to exceed 7% at the next lease renewal. HOA fees cover trash, sewer, exterior upkeep (roof/stairs), landscaping, common utilities, and pool access.
Location
Subdivision Lake Mead Villas
County Clark
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 2665853
Listing agent: Catherine Hyde #S.0070366
Listing broker: Simply Vegas (702) 568-6800
Copyright © 2025 Greater Las Vegas Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 22 2025 at 2:46 p.m. EDT
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