
Las Vegas, NV 89101
This Fully Occupied Income Asset is listed at $499,000, providing a turnkey solution for immediate cash flow in a high-demand submarket. While the list price exceeds the $442,475 Fair Market Value, the property’s valuation is supported by a $2,975 Total Monthly Rent and a Condition Rating of 3. The diverse unit mix includes a 3-bedroom main house, a 1-bedroom unit, and a studio, all featuring modern LVP flooring and updated bathrooms. This professionally managed triplex represents a stable acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a move-in ready rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 N 10th Street Subject | $499,000* List Price | 3 | 3 | 1,020 | $434 | - |
A 630 S 9th Street Sold | $440,000 | 2 | 1 | 1,139 | $386 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1948, the interior images reveal significant recent updates. The property features modern luxury vinyl plank flooring, updated bathroom vanities, and contemporary tub surrounds. The living spaces appear well-maintained and move-in ready, meeting the criteria for a property that has been extensively renovated within the last 5 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1020.
The property is 100% occupied with a total monthly rental income of $2,975, providing immediate ROI for an investor from day one.
Currently under professional property management, the asset offers a turn-key operational structure that simplifies the transition for a new owner.
The 'drive-by only' restriction prevents a thorough interior assessment prior to an offer, increasing the initial risk regarding the units' actual condition.
Built in 1948, the property may require significant capital expenditures for aging systems such as plumbing, electrical, or roofing in the near future.
Investors! This is a triplex with 100% occupancy. The main house is 3bed/ 2bath rented at $1350, 1 bed/ 1 bath rented for $825 and a studio rented for $800. Professionally property managed. Drive-by only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 72% |
| Square foot | 1,020 | 1,248 | 16% |
| Lot Size | 7,405 | 6,098 | 89% |
| Price | $499.0K | $295.0K | 97% |
| Price per sq ft | $489 | $204 | 97% |
| Built year | 1948 | 1959 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 1117 | 2% |
Feb 4, 2026
$499,000
Initial Listing