Courtesy of Simply Vegas, Catherine Hyde.
Property Description
Prime Duplex Investment Near UNLV No HOA $3,400/Month Income. Fully occupied and generating a true 6% CAP, this turnkey duplex sits on a ¼-acre lot and includes two spacious 2BD/2BA units, each with a private garage, fireplace, full appliance package, private front courtyard, and large backyard. Built in 1977 with 2,067 SF total, it features low-maintenance xeriscaped landscaping—ideal for long-term hold investors. Professionally managed. Both units are occupied. 3D tours are available for prospective buyers to preview interiors prior to offer. Buyer may retain current management, bring in new, or self-manage. OM and Rent Roll available on request. Located near the Las Vegas Strip, Harry Reid Airport, Sunrise Hospital, and within walking distance to UNLV Tech Park and the Midtown UNLV revitalization zone. With steady public and private investment, housing demand is strong. This property offers immediate income and long-term upside in a high-growth area.
Open House
Property Details and Features
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Building
- Construction Materials: WoodFrame
- Number Of Buildings: 1
- Structure Type: Duplex
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Expenses
- Insurance Expense: $1,300
- Maintenance Expense: $1,224
- Operating Expense: $9,742
- Professional Management Expense: $3,264
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Exterior Features
- Patio And Porch Features: Patio
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Income
- Gross Income: $40,800
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Interior Features
- Interior Features: CeilingFans
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Listing
- Lease Term: TwelveMonths
- Listing Terms: Cash,Conventional,FHA,VaLoan
- Number Of Units Total: 2
- Public Survey Range: 61
- Public Survey Section: 23
- Public Survey Township: 21
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Location
- City: Las Vegas
- County Or Parish: Clark
- Distance To Sewer Comments: Public
- Distance To Water Comments: Public
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Lot
- Additional Parcels Description: —
- Parcel Number: 162-23-311-003
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Parking
- Parking Features: Garage
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Property
- Property Condition: Resale,VeryGoodCondition
- Property Sub Type: Duplex
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Taxes
- Tax Annual Amount: $1,761
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Tenant Pays
- Tenant Pays: Electricity
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Utilities
- Expense: $1,800