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MLS# 2767581 – 5238 Garden Lane, Las Vegas, NV 89119

Price: $620,000
Baths: 0
Living Area SqFt: 3,648
Status: Active
Property Type: Multifamily
Lot Size Acres: 0.11
Lot Size SqFt: 4,791
Year Built: 1977
Neighborhood: Century Gardens Sub 2nd
Days on Website: 30

Courtesy of First Mutual Realty Group, Edgar Escobedo.

Property Description

Centrally located four-plex offering a strong investment opportunity in the heart of Las Vegas—just minutes from UNLV, the Strip, shopping, dining, and schools. This well-maintained property features four fully occupied units with long-term tenants, providing immediate and consistent cash flow. Unit mix: Unit A (2 bed/1 bath – $1,100), Unit B (1 bed/1 bath – $1,000, on lease), Unit C (3 bed/1 bath – $1,345), Unit D (2 bed/1 bath – $1,145). Most units are on month-to-month agreements, allowing flexibility and upside potential. Community amenities include a pool, and HOA covers water and trash. With a solid rental history and prime location, this is an excellent opportunity for stable income and long-term growth.

Open House

Property Details and Features

  • Building
  • Construction Materials: Stucco
  • Number Of Buildings: 1
  • Expenses
  • Insurance Expense: $1,974
  • Professional Management Expense: $4,358
  • Exterior Features
  • Patio And Porch Features: Patio
  • Interior Features
  • Interior Features: CeilingFans,Storage
  • Listing
  • Listing Terms: Cash,Conventional
  • Number Of Units Total: 4
  • Public Survey Range: 61
  • Public Survey Section: 27
  • Public Survey Township: 21
  • Location
  • City: Las Vegas
  • County Or Parish: Clark
  • Distance To Sewer Comments: Public
  • Distance To Water Comments: Public
  • Lot
  • Additional Parcels Description: —
  • Parcel Number: 162-27-616-014
  • Property
  • Property Condition: GoodCondition,Resale
  • Property Sub Type: MultiFamily
  • Taxes
  • Tax Annual Amount: $1,749
  • Tenant Pays
  • Tenant Pays: Electricity,TrashCollection,Water

Property Map

$620,000 – 5238 Garden Lane, Las Vegas, NV 89119

Street View

Nearby Schools

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