1828 Lewis Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 0 bed, 0 bath
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Las Vegas, NV 89101
This Refreshed Multi-Unit Asset is a strategic income property in the 89101 zip code, currently offered at a List Price of $570,000. While positioned at a premium relative to the $481,245 Fair Market Value, the property offers immediate rental readiness with a Condition Rating of 4. Each unit features essential tenant amenities, including in-unit laundry and private backyard patios. Its proximity to Downtown Las Vegas ensures consistent demand and low vacancy. This turn-key triplex is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a low-maintenance, cash-flowing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1828 Lewis Avenue Subject | $499,000* List Price | 0 | 0 | 2,123 | $226 | - |
A 326 N 16th Street Active | $425,000 List Price | 0 | 0 | 1,920 | $221 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property has received a cosmetic 'refresh' including new LVP flooring, fresh paint, and a subway tile backsplash. However, the kitchen cabinets are older painted units, and the overall structure and systems appear dated, fitting the criteria for a property over 20 years old with minor updates rather than a full modern renovation.
The property is recently refreshed and features high-demand tenant amenities such as in-unit stackable laundry and private backyard patios for each unit, ensuring immediate occupancy potential.
Situated near Downtown Las Vegas, the property offers excellent proximity to major employment hubs, shopping, and dining, which drives consistent rental demand and long-term appreciation.
The single-story layout combined with low-maintenance landscaping reduces ongoing operational costs and simplifies property management for the investor.
Built in 1954, the property may have aging core systems such as plumbing or electrical that could require significant capital expenditure despite recent cosmetic updates.
At a list price of $570,000, the property is positioned at a higher price point for the 89101 zip code, which may result in a tighter initial capitalization rate for investors.
Refreshed triplex offering an excellent investment opportunity! Each unit features 2 bedrooms, 1 bathroom, stackable in unit washer/dryer, and a backyard patio area for added tenant appeal. Single story property with low maintenance landscaping and strong rental potential. Conveniently located near shopping, dining, schools, and Downtown Las Vegas. Great opportunity to add a turn key multi-unit property to your portfolio!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,123 | - |
| Lot Size | 6,970 | - |
| Price | $499.0K | $258.8K |
| Price per sq ft | $235 | $124 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 77 | 1298 |
Jul 8, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Jun 27, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Jun 8, 2026
$550,000
$570,000
-4% Price Drop
Initial Listing
May 6, 2026
$570,000
Initial Listing
Oct 16, 1997
$130,000
Public Record