
Las Vegas, NV 89101
This High-Potential Investment Opportunity is a 2025 New Construction Triplex listed at $700,000, positioned slightly above the $684,944 Fair Market Value. While not a discount play, the property offers a Condition Rating of 2, featuring modern finishes, split-unit HVAC, and Zero HOA Fees to maximize net operating income. With Section 8 approval for up to $1,625 per unit, this turnkey asset provides immediate rental stability in a growing market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 North 13th Street Subject | $700,000* List Price | 0 | 0 | 1,686 | $406 | - |
A 320 North 10th Street Active | $777,000 List Price | 0 | 0 | 2,016 | $385 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction featuring modern finishes, new split-unit HVAC systems, and turnkey kitchen and bathrooms with soft-close cabinetry and Moen fixtures.
As a 2025 build, this property offers modern energy-efficient systems, contemporary finishes, and low-maintenance landscaping, significantly reducing immediate capital expenditure and repair risks for investors.
The property is positioned for strong cash flow with Section 8 approval for up to $1,625 per unit, catering to high demand in the rapidly growing Downtown Las Vegas rental market.
The absence of a homeowners association fee maximizes the monthly net operating income (NOI) and provides the owner with full autonomy over the property's management and use.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1686, other record living area = 600.
With only 1,686 total square feet divided among three units, the individual living spaces are relatively small, which may limit the tenant profile to single occupants or couples.
The 3,485 square foot lot is quite small for a multi-family dwelling, potentially restricting on-site parking availability and the size of private outdoor amenities for tenants.
Don’t miss this rare new construction triplex opportunity in the heart of Downtown Las Vegas—perfect for investors or owner-occupants seeking multiple income streams. This unique property features three individual units on one lot, each designed with modern finishes including vinyl flooring throughout, high/vaulted ceilings, Moen fixtures, and stylish white and maple cabinetry with soft-close features. Thoughtful upgrades like split-unit HVAC systems, glass shower enclosures, pocket doors, and washer/dryer hookups enhance both comfort and efficiency. The fully landscaped exterior with irrigation and private back patio space adds to tenant appeal and long-term value. A turnkey, low-maintenance asset in a rapidly growing area with strong rental potential. Section 8 approved rent for 1 bedroom unit up to $1625 per month.*
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 | 1,686 | - |
| Lot Size | 3,485 | - |
| Price | $700.0K | $258.8K |
| Price per sq ft | $415 | $124 |
| Built year | 2025 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 1298 |
Jul 16, 2026
$700,000
Initial Listing