
Las Vegas, NV 89156
Analysis of 5145 Kell Lane, Las Vegas, NV 89156 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1947, the property was extensively remodeled approximately four years ago, placing it within the <5y renovation window for an excellent rating. Interior images show updated vinyl plank flooring, clean cabinetry, and modern fixtures, supporting the 'turnkey' and 'well-maintained' description provided in the MLS data.
The property features nine distinct income streams from five single-family homes, a duplex, and two vacant lots, providing exceptional cash flow and risk mitigation for investors.
Situated on a massive 1.2-acre parcel, the property offers rare expansion or redevelopment opportunities in a high-demand rental market, providing substantial long-term upside.
Extensively remodeled approximately four years ago and well-maintained, the units are positioned for immediate income generation with minimal initial capital expenditure required.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4513, other record living area = 1136.
With the original structures dating back to 1947, the property may have underlying aging utility systems or foundational elements that require more frequent maintenance than newer builds.
Managing seven separate units across multiple buildings with individual yards and driveways is more operationally intensive than managing a single-building multi-family asset.
Investor Opportunity! Rare chance to acquire a turnkey 7-unit income-producing property with 9 streams of revenue on approximately 1.2 acres. The property includes five single-family homes, one duplex, and two additional income-producing vacant lots, offering exceptional cash flow with future upside. Extensively remodeled approximately four years ago, the property has been well maintained and is positioned for immediate income generation. Each unit features its own private yard and driveway, providing added privacy and ample parking for tenants. With strong rental demand and potential to increase rents, this is an outstanding value-add investment. The expansive 1.2-acre parcel also offers room for future expansion or redevelopment (buyer to verify). Conveniently located within walking distance of shopping, services, and public transportation, this is a rare opportunity to own a high-performing, multi-income asset with significant long-term potential.
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 | 4,513 | - |
| Lot Size | 54,014 | - |
| Price | $1.10M | $258.8K |
| Price per sq ft | $244 | $124 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 1298 |
Jun 30, 2026
$1,100,000
Initial Listing