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2508 E Mesquite Ave

Las Vegas NV 89101

2870 sq. ft.
6534 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Turnkey Value-Add Fourplex with New Plumbing & Renovated Units. Excellent value-add fourplex featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Major capital improvements already completed, including brand-new building-wide plumbing in 2024, updated water heaters, renovated bathrooms throughout, updated windows, and luxury vinyl plank flooring in three units. Currently producing income with a 2-bedroom unit rented for $1,500/month and a 1-bedroom unit rented for $1,000/month. Additional upside available through lease-up of available units. Separately metered electric service helps minimize owner expenses. Spacious courtyard-style layout with ample parking. Conveniently located near Downtown Las Vegas, shopping, dining, schools, and public transportation. Strong opportunity for investors seeking cash flow, upside potential, and reduced deferred maintenance.

Features

2870 sq. ft. floor area
6534 sq. ft. lot size
Multi-Family

Property history for 2508 E Mesquite Ave

2024
Sold
$550,000
11 Jan 2024 by Victoria Kilgore, of Go Global Realty
2022
Sold
$425,000
28 Jan 2022 by Eric J Humes, of Rooftop Realty
2018
Sold
$265,000
11 Apr 2018 by Kevin Sullivan, of Keller Williams Market Place

Happy sellers in Las Vegas

100%
100% 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.

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Local market activity for multi families in Las Vegas

In the last 12 months, 17 multi families similar to 2508 E Mesquite Ave, have been sold.

This represents a 47% increase in multi families sales when compared to the previous 12 months.

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