Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1117 Cunningham Drive Las Vegas, NV 89106

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $425,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    1,638 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $259/SF
    Added:
    Aug 25, 2025
    Days on Market:
    257
    Last Refresh:
    May 8 at 11:06 am

    Property Features for 1117 Cunningham Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Interior features
    Ceiling Fan(s)
    Exterior features
    Private Yard
    Appliances
    Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
    Standard status
    Active
    APN
    139-28-612-017
    Size
    1,638 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    838

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1954
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Block
    Roof type
    Shingle, Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Kekoa Michael Lwin

    Listing agent Kekoa Michael Lwin License #S.0191899

    Listing office eXp Realty 10845 Griffith Peak Dr. #2, Las Vegas, NV

    Listing date Aug 25, 2025

    MLS# 2713332 Listing URL

    Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two detached, fully renovated homes on one lot
    • Potential for rental income
    • Short‑term rental possibility
    • New renovations: roof, A/C, windows, floors, kitchens, bathrooms, stainless steel appliances
    • Fully fenced yards
    • Convenient location: Near Wendell Williams Elementary, freeways, and Downtown Fremont

    Overview

    Renovated Detached Homes on One Lot

    This property features two detached and fully renovated homes on a single lot. The front home includes 2 bedrooms and 1 bath, while the rear home offers 2 bedrooms and 2 baths. Both homes are turn-key ready. The property presents an opportunity to live in one home and rent out the other, allowing the tenant to contribute to the mortgage. Alternatively, both homes can be rented out as an investment property. Short-term rental is a current possibility. The property includes a new composition roof, a new and upgraded air conditioning system, new double pane windows, and new LVP floors. The kitchens feature new stainless steel appliances, and the bathrooms are also new. The yards are fully fenced. The location is convenient, situated only 2 blocks from Wendell Williams Elementary and nearby freeways and the downtown Fremont area. The property size is 1638 square feet and the lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.153174
    Latitude
    36.183487

    Nearby Similar for Sale

    • $390,000

      Luxurious Motorcoach Living Site

      Impeccable site built for year-round comfort and entertainment.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $380,000

      Las Vegas Motorcoach Resort Site

      Fully loaded site with rare privacy and luxury amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $950,000
      860 SF

      Upgraded Resort-Style Living in Las Vegas

      Upgraded, fully enclosed structure in Las Vegas Motorcoach Resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $305,000

      Luxury Motorcoach Resort Lot

      Guard-gated resort lot with outdoor living and amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $435,000

      Land with Outdoor Living Features

      Landscaped property with outdoor kitchen, lounge, and comfort station.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $319,900

      Las Vegas Motorcoach Resort Land

      Land with structures in Las Vegas Motorcoach Resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $699,000
      2,694 SF

      Renovated 4-Plex in Downtown Las Vegas

      Remodeled four-unit property near downtown Las Vegas with strong cashflow.
      1812 Lewis Ave, Las Vegas, NV 89101
      View Details
    • $329,500

      Las Vegas Motorcoach Resort Land

      Corner lot in Las Vegas Motorcoach Resort with premium amenities.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $399,900

      Las Vegas Motorcoach Resort Land

      Oversized lot with extensive amenities in Las Vegas resort.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $420,000

      Corner Lot with Parking

      Corner lot with structures, kitchen, and parking in Las Vegas.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $389,900

      Las Vegas Motorcoach Resort Site

      Luxury resort lot with full kitchen and private bathroom.
      8175 Arville Street, Las Vegas, NV 89139
      View Details
    • $280,000

      Outdoor Living Space in Las Vegas

      Outdoor kitchen, BBQ, fireplace, and TV niche in Las Vegas.
      8175 Arville Street, Las Vegas, NV 89139
      View Details

    FAQs

    What type of property is this?
    Duplex - Two fully renovated homes on one lot, great investment opportunity.
    Where is this duplex located?
    The property is located at 1117 Cunningham Drive Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Two detached, fully renovated homes on one lot; Potential for rental income; Short‑term rental possibility
    (808) 478-6453
    We can help!
    Listing Contact
    Kekoa Michael Lwin
    Real Estate License ID: S.0191899
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1117 Cunningham Drive, Las Vegas, NV 89106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!