Turnkey Value-Add Fourplex with New Plumbing & Renovated Units.
Excellent value-add fourplex featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Major capital improvements already completed, including brand-new building-wide plumbing in 2024, updated water heaters, renovated bathrooms throughout, updated windows, and luxury vinyl plank flooring in three units. Currently producing income with a 2-bedroom unit rented for $1,500/month and a 1-bedroom unit rented for $1,000/month. Additional upside available through lease-up of available units. Separately metered electric service helps minimize owner expenses. Spacious courtyard-style layout with ample parking. Conveniently located near Downtown Las Vegas, shopping, dining, schools, and public transportation. Strong opportunity for investors seeking cash flow, upside potential, and reduced deferred maintenance.
Excellent value-add fourplex featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Major capital improvements already completed, including brand-new building-wide plumbing in 2024, updated water heaters, renovated bathrooms throughout, updated windows, and luxury vinyl plank flooring in three units. Currently producing income with a 2-bedroom unit rented for $1,500/month and a 1-bedroom unit rented for $1,000/month. Additional upside available through lease-up of available units. Separately metered electric service helps minimize owner expenses. Spacious courtyard-style layout with ample parking. Conveniently located near Downtown Las Vegas, shopping, dining, schools, and public transportation. Strong opportunity for investors seeking cash flow, upside potential, and reduced deferred maintenance.
Property Details
Price:
$675,000
MLS #:
2789715
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Artesian Acres
Listed Date:
Jun 7, 2026
Finished Sq Ft:
2,870
Total Sq Ft:
2,870
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1963
Units:
4
Schools
Elementary School:
,
Interior
Appliances
Refrigerator, Water Heater
Cooling
Central Air
Flooring
Luxury Vinyl Plank
Heating
Central, Electric
Interior Features
Window Treatments
Levels
One
Exterior
Architectural Style
Fourplex
Association Amenities
None
Construction Materials
Stucco
Roof
Composition, Flat, Shingle
Stories
1
Window Features
Blinds
Financial
Taxes
$1,661
Directions
From US-95 Exit North on Eastern, East(R) on Mesquite to Property on the South Side of Street.
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2508 East Mesquite Avenue
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