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$1,800,000
2803671 MLS 5,760 SqFt.
"6-Unit Cash-Flowing Apartment Property with Approved Expansion Opportunity to 12 Units!" Rare Value-Add Multifamily Investment Opportunity! This exceptional offering includes two parcels: an income-producing 6-unit apartment property plus the adjacent vacant lot, creating a unique opportunity to expand an already performing asset. The existing improvements consist of two triplex buildings featuring six spacious 2-bedroom, 2-bath units, all currently occupied by tenants placed through HopeLink of Southern Nevada. Included in the sale are architectural plans (see photos) for the construction of two additional triplex buildings, increasing the property's potential from 6 units to 12 units. The proposed buildings would be constructed north of the existing apartments, allowing the current six units to remain in place and continue generating income during development. An approximately 1,850-square-foot warehouse between the existing buildings would be removed and replaced with a beautifully designed central courtyard serving all 12 units. This is a rare opportunity to acquire a stabilized multifamily asset with a clear path to significantly increasing cash flow and long-term value. Ideal for investors, developers, or 1031 exchange buyers seeking immediate income with future upside. Buyers should independently verify zoning, development requirements, permits, utility capacity, and all approvals. Adding to the property's appeal, a brand-new North Las Vegas Fire Station is under construction immediately west of the property, reflecting continued public investment and neighborhood growth. Opportunities combining existing cash flow, expansion plans, additional land, and substantial upside are rarely available. Don't miss this chance to own a premier multifamily investment with immediate income and exceptional future potential.

2405 Mccarran Street, North Las Vegas

$1,310,000
2801616 MLS 4,274 SqFt.
H-1 ZONING!! Exceptional opportunity to acquire a fully occupied 4-plex at 1153 Sierra Vista Drive, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive Net Operating Income (NOI) of $84,205, representing approximately a 6.4% cap rate based on the current list price. This well-maintained asset has been updated and is in excellent condition, including all new HVAC/air conditioning units, helping minimize future capital expenditures. Residents also enjoy access to a shared swimming pool and a shared coin-operated laundry facility, creating additional income potential. Best of all, there is no HOA, keeping operating costs lower and maximizing investor returns. A key feature that sets this property apart is its highly desirable H-1 (Limited Resort & Apartment) zoning. The adjacent 4-plex at 1165 Sierra Vista Drive is also available for purchase and is similarly zoned H-1. Each property may be purchased individually or together. For investors seeking a larger portfolio, purchasing both buildings creates an attractive investment with a combined capitalization rate of approximately 6.4% while increasing economies of scale and management efficiency. Adding to the opportunity, the adjacent H-1 zoned parcel is also available for sale. A developer could acquire all three properties, creating a unique assemblage for future hospitality, motel, hotel, or other compatible redevelopment, subject to applicable governmental approvals.

1153 Sierra Vista Drive, Las Vegas

$1,310,000
2801639 MLS 4,002 SqFt.
H-1 ZONING!! Exceptional opportunity to acquire a fully occupied 4-plex at 1165 Sierra Vista Drive, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive Net Operating Income (NOI) of $82,723, representing approximately a 6.3% capitalization rate based on the current list price. This well-maintained asset has been updated and is in excellent condition, including all new HVAC/air conditioning units, helping minimize future capital expenditures. Residents also enjoy access to a shared swimming pool and a shared coin-operated laundry facility, creating additional income potential. Best of all, there is no HOA, keeping operating costs lower and maximizing investor returns. A key feature that sets this property apart is its highly desirable H-1 (Limited Resort & Apartment) zoning. The adjacent 4-plex at 1153 Sierra Vista Drive is also available for purchase and is similarly zoned H-1. Each property may be purchased individually or together. For investors seeking a larger portfolio, purchasing both buildings creates an attractive investment with a combined capitalization rate of approximately 6.4% while increasing economies of scale and management efficiency. Adding to the opportunity, the adjacent H-1 zoned parcel is also available for sale. A developer could acquire all three properties, creating a unique assemblage for future hospitality, motel, hotel, or other compatible redevelopment, subject to applicable governmental approvals.

1165 Sierra Vista Drive, Las Vegas

$700,000
2801701 MLS 3,692 SqFt.
Presenting an exceptional investment opportunity, this meticulously maintained fourplex offers four spacious two-bedroom, two-bathroom apartments, each approximately 950 square feet. This distinguished property boasts desirable floor plans, significant building improvements, included appliances, private balconies, fireplaces, and elegantly updated interiors. A Neptune Wetsuit waterproof roofing system, installed in November 2019 with an eight-year warranty, covers the entire flat roof. Four Goodman packaged gas HVAC systems, 14-SEER, two-ton units, were also installed on the roof in November 2019, ensuring optimal climate control. Each apartment features a primary bedroom with a walk-in closet and a private en-suite bathroom, along with a second bedroom offering a large closet and convenient access to the second full bathroom. Both bathrooms are appointed with ceramic-tile tub surrounds and durable cast-iron porcelain bathtubs. The spacious floor plans encompass large living rooms with inviting fireplaces, formal dining areas, and kitchens adorned with granite countertops. Abundant closet and storage space is integrated throughout each unit. Sliding glass doors open to private balconies, extending the living space outdoors. A stove, refrigerator, washer, and dryer are provided in each kitchen. Freshly updated paint and flooring contribute to the refined ambiance. Strategically located near Nellis Air Force Base, public transportation, shopping, dining, and essential services, this property offers unparalleled convenience. The nearby Sunrise Plaza Shopping Center provides effortless access to grocery stores, pharmacies, restaurants, fitness centers, personal-care services, and a diverse array of retail options, enhancing the appeal of this prime location.

6938 Issac Avenue, Las Vegas

$670,000
2794497 MLS 5,171 SqFt.
Discover an unparalleled investment opportunity directly across from the iconic MGM Casino, offering immediate access to the vibrant energy of the Las Vegas Strip. This exceptional fourplex multi-family property at 4650 Koval Ln presents a rare chance to acquire a spacious residence with significant upside potential and future development possibilities, all supported by long-term stable management. Each of the four individual units is thoughtfully designed, featuring generous bedrooms, comfortable living rooms, and well-equipped kitchens with appliances including stoves, dishwashers, refrigerators, washers, and dryers. Two of these units come fully furnished, catering perfectly to extended stays and maximizing rental income potential. The property boasts 12 bedrooms and 7 full bathrooms across 5171 square feet of living space, spread over two stories, providing ample room for residents. The exterior offers a welcoming courtyard and convenient covered parking. Residents will also appreciate the community pool, providing a refreshing oasis amidst the city views. The interior features durable drywall construction, with a variety of flooring options including hardwood, wood-look, vinyl plank, and tile, ensuring both style and practicality throughout. Blinds adorn the windows, enhancing privacy and comfort. This prime location not only offers the excitement of the Las Vegas Strip within walking distance but also presents a robust investment in a dynamic urban landscape, making it an ideal acquisition for discerning buyers seeking both immediate returns and future growth.

4650 Koval 14 Lane, Las Vegas

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Clark County Multi-Family Homes

Clark County, NV is our specialty. Battle Born Real Estate is committed to helping you find the best multi-family homes in Clark County, NV. Our website allows you to search all active multi-family homes in Clark County. You can also save searches and get daily email alerts of new listings as they become available.