Back 5227 Greene Lane
Off Market

5227 Greene Lane

Las Vegas NV 89119

1
3648 sq. ft.
484 sq. ft.
Multi-Family
Last sold for $620,000
Corbin RainesCorbin Raines, last sold this property on 30 September 2026 after 84 days on market.

Overview

Excellent investment opportunity! NEW ROOF INSTALLED OCTOBER 2024 ($26,875). SEE DOCUMENTS/SUPPLEMENTS SECTION TO VIEW INVOICE AND PHOTOS OF WORK. This fully occupied 4-plex offers immediate cash flow with all four units currently leased, allowing a new owner to generate income from day one. The property features a desirable unit mix of two 1-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 3-bedroom/2-bath unit, appealing to a variety of tenants. Each unit includes the convenience of its own 1-car garage. The roof was replaced within the last few years, providing added value and peace of mind. Located in a gated community with access to a community pool, this property is ideally situated near Harry Reid International Airport, the Las Vegas Strip, major freeways, shopping, dining, schools, and parks. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this 4-plex is an outstanding opportunity.

Features

1 carspace
1 garage space
3648 sq. ft. floor area
484 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 5227 Greene Lane is $628k.

Median value
$628k
Estimated value range
$565k - $828k
Median days on market
59
Estimated value trend
5%
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 5227 Greene Lane

2026
Sold
$620,000
30 Sep 2026 by Corbin Raines, of Atlas Group

Happy sellers in Las Vegas

<50%
Less than 50% of sellers in Las Vegas reported that their sale price either exceeded or met their price expectations.

Las Vegas stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Las Vegas over the last 12 months.

Local market activity for multi families in Las Vegas

In the last 12 months, 12 multi families similar to 5227 Greene Lane, have been sold.

This represents a 62% decrease in multi families sales when compared to the previous 12 months.

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