1109 Cunningham Drive Las Vegas, NV 89106
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Jun 24, 2026
- Days on Market:
- 21
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 1109 Cunningham Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Exterior features
- Private Yard
- Appliances
- Disposal, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 139-28-612-019
- Size
- 2,095 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1088
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete
- Building materials
- Block
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Sheila Adiele License #B.0019543 (702) 498-2289
Listing office Bold Step Realty LLC 6725 S Eastern Ave #3, Las Vegas, NV (702) 498-2289
Listing date Jun 24, 2026
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.
Located in Las Vegas, Nevada (89106) at 1109 Cunningham Drive in Clark County, the property sits on a 0.16-acre lot. The exterior improvements referenced in the remarks include the concrete landscaping at both the front and side areas, supporting straightforward curb appeal and low-maintenance yard space.
The layout is positioned for flexible residential use: the listing specifically highlights suitability for an owner-occupant who lives in one unit while renting the other two. For investors or owner-operators, the key practical considerations are the triplex design for multiple households, the gated/block-fenced exterior setting, and the noted interior renovation that will allow customization after purchase.
Key Highlights
- 1957‑built block construction home with central heating and central air
- Private yard and block fence with gated entry for added privacy
- Public water and public sewer connected
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 | $36.5k | $17.40 |
| − Vacancy | −$2.0k | −$0.96 |
| EGI | $34.4k | $16.44 |
| − OpEx | −$10.3k | −$4.93 |
| NOI | $24.1k | $11.51 |
