718 W Wilson AVE Active

Las Vegas,NV 89106

$ 599000

- Bed

- Bath

2288 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $261

Subdivision Las Vegas Orig Townsite 2Nd Amd

MLS Listing ID 2717292

Style Fourplex

Construction Status Average Condition,Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $2,198

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

Prime income-producing quadplex in a designated Opportunity Zone—ideal for investors seeking strong cash flow and potential tax benefits. Each of the 4 1BR/1BA units fully upgraded in last 2 yrs: modern interiors, updated kitchens/ baths, new flooring.
Major systems improved—newer ACs, updated plumbing, enhanced wrought-iron fencing w/ coded gates for security. Property + grounds cleared & improved, incl. fenced adj. lot deterring unauthorized activity.
Turnkey + fully occ'd w/ long-term tenants paying ~30% above market rents, steady income, low vacancy. Minutes to Downtown Las Vegas & Arts District—high rental demand & growth potential.
Highlights:
• Fully occupied 4-unit bldg w/ proven rent roll
• In Qualified Opportunity Zone
• Recent upgrades: interiors, ACs, plumbing, fencing
• High rent-to-market ratio (~30% > comps)
• Low maint, stable long-term tenants
• Close to Downtown redevelopment & transit
• Ideal 1031 or portfolio add — strong asset in prime Las Vegas submarket

Location

State NV

County Clark

Direction Follow I-15 N to D St in Las Vegas. Take exit 43 from I-15 N; Take exit 43 for D Street toward City Parkway/Washington Ave; Continue on D St to your destination

Interior

Interior Features Storage

Heating Central,Electric

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Private Yard

Water Access Desc Public

Roof Type Pitched

Building

Story 1

Sewer Public Sewer

Water Public

Construction Status Average Condition,Resale

Schools

Elementary Schools ,

Others

Tax ID 139-27-310-059

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/las/2717292

View More
Favorite Go Tour