Las Vegas Duplex Investment
1414 Rexford Place Las Vegas, NV 89104
For Sale
$460,000
MULTI_FAMILY - Other - Las Vegas, NV
Property Size1,995 SF
Lot Size0.16 Acres
Price / SF$230.58
Days on Market108
Property Features for 1414 Rexford Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
3
Window features
Blinds
Interior features
Ceiling Fan(s), Window Treatments
Appliances
Oven, Range, Refrigerator
Standard status
Active
APN
162-03-211-032
Size
1,995 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1254
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Flooring type
Tile, Tile - Ceramic
Building materials
Block
Roof type
Flat
Architectural style
Other
Listing Agency:
Platinum Real Estate Prof
(702) 616-9400
Listed By:
Christianne A. Yates · License #S.0167781
(702) 818-0747
Added: Apr 13
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 2773320
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.
Investment Insights
Based on property information with market context.
This duplex, located in the Huntridge area of Las Vegas, presents an investment opportunity. The property features two units, one with 2 bedrooms and the other with 3 bedrooms. Both units have access to a private courtyard. The property layout offers flexibility and has been successfully modified in other nearby properties to include two 2-bedroom units and a studio, creating a potential three-unit income property. The property size is 1995 square feet and the lot size is 0.16 acres.
Key Highlights
- Duplex in Huntridge area of Las Vegas with two units featuring 2 bedrooms and 3 bedrooms
- Both units have access to a private courtyard
- Property uses block construction with a flat roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $17.40 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $32.8k | $16.44 |
| − OpEx | −$9.8k | −$4.93 |
| NOI | $23.0k | $11.51 |
1,995 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$328.0K
$287.0K – $382.7K
NOI $22,963 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$303.1K
$265.3K – $353.7K
NOI $21,220 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$689.4K
$603.2K – $804.3K
NOI $48,255 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Huntridge area with potential for three units.
Where is this duplex located?
The property is located at 1414 Rexford Place Las Vegas, NV.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Duplex in Huntridge area of Las Vegas with two units featuring 2 bedrooms and 3 bedrooms; Both units have access to a private courtyard; Property uses block construction with a flat roof
