Courtesy of Simply Vegas, Catherine Hyde.
Property Description
1569 Hialeah is a high-performing turnkey duplex designed for investors seeking instant returns. Currently fully occupied and bringing in $3,400 per month with a solid 6% CAP, this well-kept duplex provides both immediate cash flow and long-term upside. Situated on a ¼-acre lot, each generous 2BD/2BA unit includes its own garage, fireplace, full appliance package, private front courtyard, and spacious backyard. Built in 1977 with 2,067 total SF, the property features low-maintenance xeriscape landscaping—ideal for hands-off investors. The location offers quick access to the Las Vegas Strip, Harry Reid International Airport, Sunrise Hospital, UNLV Tech Park, and the Midtown UNLV redevelopment area. Both units are professionally managed and leased; buyers may keep current management or self-manage. 3D tours, Offering Memorandum, and Rent Roll available upon request. A prime opportunity in a consistently strong rental market.
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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Interior Features
- Interior Features: CeilingFans
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Listing
- 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