615 S 10th Street, Las Vegas, NV 89101, Las Vegas, 89101 - 0 bed, 0 bath
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Las Vegas, NV 89101
This Triplex Residential Income Asset represents a Strong Value Opportunity, listed at $959,999—positioned well below the $1,025,809 Fair Market Value by 6%. This valuation gap provides $65,810 in Instant Equity. Featuring a Condition Rating of 2, this turn-key property includes modern quartz countertops, individual HVAC units, and new utility infrastructure. Located in the vibrant Las Vegas Arts District, it offers high rental demand and panoramic skyline views. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 S 10th Street Subject | $959,999* List Price | 0 | 0 | 2,972 | $345 | - |
A 320 N 10th Street Active | $800,000 List Price | 0 | 0 | 2,016 | $397 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (under 5 years) including new HVAC units, a new main sewer line, new windows, and new stucco. Interiors are in mint condition with modern quartz countertops, new flooring, and updated appliances, meeting the criteria for a turn-key, no-maintenance asset.
Situated in the world-famous Las Vegas Downtown Arts District, this property offers high rental demand and appreciation potential in a vibrant, walkable urban core.
The property is a true turn-key asset featuring a new main sewer line, individual central AC units, new windows, and high-end interior finishes like quartz countertops.
Each unit is equipped with its own washer and dryer, private storage, and dedicated parking, significantly increasing rental desirability and tenant retention.
With a list price near $960,000, the acquisition cost may result in a lower initial cap rate compared to other multi-family opportunities in the surrounding area.
Although extensively renovated, the 1971 original construction may still require ongoing oversight of older structural elements not covered by the recent cosmetic and utility upgrades.
Amazing investment opportunity in the world-famous Las Vegas Downtown Arts District. This rare triplex has parking at the front and rear with new concrete slabs. There is a new main sewer line and gas was brought to the property. each unit has individual washers and dryers which is another reason this investment is so amazing. As well as new windows, exterior has new stucco and paint inside/out. Every unit has individual central air conditioners. All units feature sleek quartz countertops, appliances, new flooring, and ceiling fans. Unit A is a 3bed/2bath layout with an open kitchen with large pantry and convenient in-unit washer and dryer. Units B & C are 2 bed/1bath units The bathroom has a sleek glass-enclosed shower and bathtub combination. Both units have private storage areas with washer and dryers. Seller will consider selling units fully furnished with appliances, TVs and art work if the buyer is interested in purchasing. This triplex is a true turn-key investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,972 | 2,160 | 89% |
| Lot Size | 6,970 | 5,663 | 89% |
| Price | $960.0K | $585.0K | 89% |
| Price per sq ft | $323 | $271 | 89% |
| Built year | 1971 | 1953 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 2338 | 11% |
May 19, 2026
$959,999
Initial Listing