Three of four units occupied and generating $3,850/month in rental income!
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.
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.
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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