Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2252 Ellis St North Las Vegas, NV 89030

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $659,888

    Single-story fourplex with remodeled units, strong cash flow potential.

    Lot size:
    0.19 Acres

    Property Features for 2252 Ellis St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1963

    Source: Simply Vegas Agent Catherine Hyde

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Fourplex in North Las Vegas

    This single-story fourplex features four 2-bedroom, 1-bath units. The property has a fenced yard and on-site parking. It offers an actual cap rate of 6.21% and a pro forma of 8.57%, delivering a balance of immediate cash flow and long-term growth potential. Recent capital improvements include a new roof in 2020, a 100-gallon water heater in 2023, and a gas line replacement in 2024. An owned coin-operated washer/dryer was added in 2025. Each unit features remodeled kitchens, upgraded plumbing, and regularly serviced A/C units. Residents enjoy private exterior storage, a large shared storage building, and a community laundry room. Double-pane windows enhance energy efficiency, and all tenants are current on rent. The property is located in a growing, secure North Las Vegas neighborhood within walking distance of the North Las Vegas Fire Department and Police Station.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.108757
    Latitude
    36.201508

    Nearby Similar for Sale

    • $5,557,900
      7,860 SF

      WSKY Bar + Grill Investment

      Single-tenant, triple-net leased investment opportunity in North Las Vegas.
      2992 W Cheyenne Ave, North Las Vegas, NV 89032
      View Details
    • $2,999,999
      9,899 SF

      North Las Vegas Industrial Building

      9,899 SF industrial building with high-end office and storage.
      4429 Losee Rd, North Las Vegas, NV 89081
      View Details
    • $850,000
      2,564 SF

      North Las Vegas Office Opportunity

      Strategically located office building near essential services and major highways.
      3820 W Ann Rd, North Las Vegas, NV 89031
      View Details
    • $759,900

      Remodeled Fourplex with New Upgrades

      Completely remodeled fourplex with new electrical, AC, roof, and interiors.
      3229 Figler Ct, North Las Vegas, NV 89030
      View Details
    • $655,000

      North Las Vegas Fourplex Investment

      Well-maintained fourplex with recent upgrades and strong rental demand.
      2101 Sun Ave, North Las Vegas, NV 89030
      View Details
    • $624,900

      Fully Leased Fourplex Investment Opportunity

      Fully leased fourplex in active area with strong rental income.
      2519 Carroll St, North Las Vegas, NV 89030
      View Details

    FAQs

    What type of property is this?
    Quadplex - Single-story fourplex with remodeled units, strong cash flow potential.
    Where is this quadplex located?
    The property is located at 2252 Ellis St North Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $659,888.
    What are key features of this property?
    This property features: - Strong Income Potential: Actual 6.21% cap rate with 8.57% pro forma.; - Four Spacious Units: Each unit has 2 bedrooms and 1 bath.; - Recent Capital Improvements: New roof (2020), water heater (2023), and gas line replacement (2024).
    (702) 408-2289
    Request Owner's contact information
    2252 Ellis St North Las Vegas, NV 89030
    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.
    2252 Ellis St
    North Las Vegas, NV 89030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    2252 Ellis St North Las Vegas, NV 89030
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.