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Back 1116 North Jones Boulevard
Off Market

1116 North Jones Boulevard

Las Vegas NV 89108

3400 sq. ft.
7841 sq. ft.
Multi-Family
Last sold for $650,000
Eric MenguyEric Menguy, last sold this property on 06 November 2025 after 1035 days on market.

Overview

"Great investment opportunity on the west side of the Strip with no HOA. Each unit offers 2 spacious bedrooms and 1 bathroom, with long-term tenants w/ monthly leases—most have been there 5–10+ years. Strong rental stability is already in place. The roof was replaced just a few years ago, most A/C units are newer, and all shower valves and toilets have been updated, giving peace of mind on major systems. Each unit features a large private patio, making it highly attractive to renters. The laundry lease has expired, giving you the option to start your own laundry business, and vending machines can be added for extra income. The lot’s design also offers great potential to fence in the entire property for added value. Centrally located near Summerlin shopping, schools, restaurants, freeway, and minutes from the Las Vegas Strip. Clean title ensures a fast and smooth close. This rare cash-flowing multi-family property is loaded with upside and ready for its next savvy investor.

Features

3400 sq. ft. floor area
7841 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Las Vegas over the last 12 months, the estimated median property value of 1116 North Jones Boulevard is $697.5k.

Median value
$697.5k
Estimated value range
$580k - $850k
Median days on market
28
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Las Vegas. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1116 North Jones Boulevard

2025
Sold
$650,000
06 Nov 2025 by Eric Menguy, of Realty ONE Group, Inc

Happy sellers in Las Vegas

76%
76% of sellers in Las Vegas reported that their sale price either exceeded or met their price expectations.

Las Vegas stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Las Vegas over the last 12 months.

Local market activity for multi families in Las Vegas

In the last 12 months, 13 multi families similar to 1116 North Jones Boulevard, have been sold.

This represents a 27% decrease in multi families sales when compared to the previous 12 months.

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