Las Vegas Homes with Fourplex Bldg Desc

Las Vegas Homes with Fourplex Bldg Desc

Welcome to the vibrant city of Las Vegas, Nevada, a dazzling oasis in the heart of Clark County that captivates residents and visitors alike with its unique blend of entertainment, culture, and community spirit. Known as the Entertainment Capital of the World, Las Vegas is not just about world-class casinos and spectacular shows; it’s also a thriving hub for diverse neighborhoods, excellent dining, and outdoor adventures.

For those looking to invest in real estate, the appeal of Las Vegas extends beyond its glitzy Strip. Homes with fourplex building descriptions offer a fantastic opportunity for both seasoned investors and first-time buyers. These multi-family properties provide the perfect blend of residential comfort and income potential, allowing you to live in one unit while renting out the others. Imagine the possibilities of owning a fourplex in a city known for its rapid growth and strong rental market!

Las Vegas boasts a variety of neighborhoods, each with its own unique charm. From the bustling energy of the Downtown Arts District to the serene family-friendly suburbs of Summerlin and Henderson, there's a perfect spot for everyone. With year-round sunshine, a rich cultural scene, and easy access to stunning natural landscapes like Red Rock Canyon, living in Las Vegas means embracing an active and fulfilling lifestyle.

Investing in a fourplex in Las Vegas not only opens the door to financial opportunities but also allows you to be part of a dynamic community that thrives on innovation and excitement. Come explore the possibilities and make your mark in this extraordinary city!

Newest Las Vegas Homes with Fourplex Bldg Desc

$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

Start Your Search
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
LVR MLS deems information reliable but not guaranteed.
Copyright 2026 of the Las Vegas REALTORS® MLS. All rights reserved.

The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Updated: