Las Vegas Fourplex Near
For Sale
$565,000
2612 E Mesquite Avenue, Las Vegas, NV 89101
MULTI_FAMILY - Other - Las Vegas, NV
Property Size2,870 SF
Lot Size0.14 Acres
Price / SF$196.86
Days on Market192
Property Features for 2612 E Mesquite Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Alley
Window features
Blinds
Interior features
Ceiling Fan(s), Window Treatments
Appliances
Oven, Range, Refrigerator
Subdivision
Artesian Acres
Elementary school
,
Directions
I-95 AND EASTERN NORTH ON EASTERN TO MESQUITE EAST TO PROPERTY ON THE RIGHT HAND SIDE
Standard status
Active
APN
139-36-114-011
Size
2,870 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
3924
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
close to freeway
downtown shopping
schools
alley parking
street parking
Building Details
Year built
1963
Floors in Building
1
Number of units
4
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Vegas One Realty
(702) 768-1115
Listed By:
Richard F. Bustos · License #S.0029600
(702) 496-1408
Added: Jan 22
Changed: Jul 29
Last Checked: Aug 2 at 2:06AM
MLS# 2750166
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 fourplex in Las Vegas features three two-bedroom, one-bath units and one one-bedroom, one-bath unit. The property is located close to the freeway, downtown shopping, and schools. It offers both alley and street parking. The units are one level. The property size is 2870 square feet and the lot size is 0.14 acres.
Key Highlights
- Fourplex featuring a mix of unit sizes with three 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.
- Convenient location close to freeway, downtown shopping, and schools.
- Both alley and street parking available.
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 | $49.9k | $17.40 |
| − Vacancy | −$2.7k | −$0.96 |
| EGI | $47.2k | $16.44 |
| − OpEx | −$14.2k | −$4.93 |
| NOI | $33.0k | $11.51 |
2,870 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.9K
$412.9K – $550.6K
NOI $33,034 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,527 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$991.7K
$867.7K – $1.16M
NOI $69,419 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with convenient access to freeway, downtown, shopping, and schools.
Where is this quadplex located?
The property is located at 2612 E Mesquite Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Fourplex featuring a mix of unit sizes with three 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.; Convenient location close to freeway, downtown shopping, and schools.; Both alley and street parking available.
