2508 E Mesquite AVE Las Vegas, NV 89101
2,870 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,870 sqft
Price per Sqft $235
Subdivision Artesian Acres
MLS Listing ID 2789715
Style Fourplex
Construction Status Good Condition
HOA Y/N No
Year Built 1963
Annual Tax Amount $1,661
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property Description
This updated fourplex offers investors immediate cash flow with additional upside through lease-up of the remaining available unit. Major capital improvements have already been completed, including brand-new building-wide plumbing (2024), updated water heaters, renovated bathrooms in all four units, updated windows, and luxury vinyl plank flooring in three units—allowing the next owner to focus on growing returns rather than tackling major repairs. The property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with separately metered electric service to help minimize owner expenses. A spacious courtyard-style layout, ample parking, and a convenient location near Downtown Las Vegas, the Arts District, shopping, dining, public transportation, and major employment centers make this an attractive property for tenants. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire an income-producing asset with major improvements already in place and room for future growth.
Location
State NV
County Clark
Direction From US-95 Exit North on Eastern, East(R) on Mesquite to Property on the South Side of Street.
Interior
Interior Features Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl Plank
Furnishings Unfurnished
Fireplace No
Window Features Blinds
Appliance Refrigerator, Water Heater
Exterior
Amenities Available None
Water Access Desc Public
Roof Type Composition,Flat,Shingle
Building
Story 1
Sewer Public Sewer
Water Public
Construction Status Good Condition
Schools
Elementary Schools ,
Others
Tax ID 139-36-114-005
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/las/2789715
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