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Two-Unit Duplex Income Property

612 W McWilliams Avenue Las Vegas, NV 89106

612 W McWilliams Avenue, Las Vegas, NV, 89106
$280,000
For Sale
Claim this Listing
$280,000

MULTI_FAMILY - Other - Las Vegas, NV

Property Size1,704 SF
Lot Size0.15 Acres
Price / SF$164.32
AddedJul 2
Days on Market13
Last RefreshJul 14 at 6:06 pm

Property Features for 612 W McWilliams Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Window Treatments
Appliances
Electric Water Heater, Oven, Range, Water Heater
Standard status
Active
APN
139-27-310-100
Size
1,704 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Annual Amount
690

Utilities

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

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Carpet
Building materials
Stucco, Wood Siding
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Kimbly Bolden License #S.0177883

Listing office Realty ONE Group, Inc 5550 Painted Mirage Road #140, NV

Listing date Jul 2, 2026

MLS# 2793710

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 includes two residential units under one roof. One unit is a spacious 3-bedroom, 1-bath layout with 1,248 square feet. The second unit is a studio, 1-bath configuration with 456 square feet, offering a distinct option for tenant mix or owner occupancy alongside rental income.

The property is located at 612 W McWilliams Avenue in Las Vegas, Nevada 89106. The listing describes the duplex as centrally located, with proximity to Downtown Las Vegas and the Las Vegas Strip, as well as access to nearby dining and entertainment options.

From an ownership or tenancy standpoint, the two separate unit configurations can support flexible renting strategies by matching unit size to different tenant needs. The overall property size is listed as 1,704 square feet on 0.15 acres. This makes the duplex a straightforward choice for an investor seeking a small income property with a larger unit and a studio unit, or for an owner looking to occupy one unit while renting the other.

Key Highlights

  • Duplex in Las Vegas with 2 rental units: 3BR/1BA (1,248 sq ft) and studio/1BA (456 sq ft)
  • Built in 1951; stucco and wood siding construction
  • Central heating and central air with electric heating

Local 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 $29.6k $17.40
− Vacancy −$1.6k −$0.96
EGI $28.0k $16.44
− OpEx −$8.4k −$4.93
NOI $19.6k $11.51
1,704 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.2K
$245.2K – $326.9K (±1% cap)
NOI $19,613 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$258.9K
$226.6K – $302.1K (±1% cap)
NOI $18,125 @ 7.0% cap · market cap 6.47%
Theoretical Best
Specialty Retail
$588.8K
$515.2K – $686.9K (±1% cap)
NOI $41,216 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Daycare Center Computer & Electronic Repair Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Butcher Acupuncture (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex with a 3-bedroom, 1-bath unit and an additional studio, each positioned for separate rental use.
Where is this duplex located?
The property is located at 612 W McWilliams Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Duplex in Las Vegas with 2 rental units: 3BR/1BA (1,248 sq ft) and studio/1BA (456 sq ft); Built in 1951; stucco and wood siding construction; Central heating and central air with electric heating
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