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5238 Garden Lane

Paradise NV 89119

3648 sq. ft.
4792 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Centrally located four-plex offering a strong investment opportunity in the heart of Las Vegas—just minutes from UNLV, the Strip, shopping, dining, and schools. This well-maintained property features four fully occupied units with long-term tenants, providing immediate and consistent cash flow. Unit mix: Unit A (2 bed/1 bath – $1,100), Unit B (1 bed/1 bath – $1,000, on lease), Unit C (3 bed/1 bath – $1,345), Unit D (2 bed/1 bath – $1,145). Most units are on month-to-month agreements, allowing flexibility and upside potential. Community amenities include a pool, and HOA covers water and trash. With a solid rental history and prime location, this is an excellent opportunity for stable income and long-term growth.

Features

3648 sq. ft. floor area
4792 sq. ft. lot size
Multi-Family

Property history for 5238 Garden Lane

2022
Sold
$610,000
26 Aug 2022 by Ryan Crighton, of Rothwell Gornt Companies
2016
Sold
$200,000
25 Feb 2016 by Dario Sarmiento, of Century 21 Americana

Happy sellers in Paradise

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

Paradise stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Paradise over the last 12 months.

Local market activity for multi families in Paradise

In the last 12 months, 12 multi families similar to 5238 Garden Lane, have been sold.

This represents a 71% decrease in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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