126 E First St N, Mesquite, NV 89027
MULTI_FAMILY - Mesquite, NV
- Added:
- Mar 19, 2026
- Days on Market:
- 89
- Last Refresh:
- Jun 15 at 6:06 am
Property Features for 126 E First St N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family, Residential
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 7
- Interior features
- Flooring- Laminate
- Appliances
- Dishwasher, Freezer, Garbage Disposal, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric, Oven/Range, Oven/Range- Electric
- Standard status
- Active
- APN
- 00116603002
- Size
- 3,080 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2130
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Electric, Heat Pump
Building Details
- Year built
- 1988
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition, Flat
- Architectural style
- Other
Listing agent E. Shaun Caldwell License #B.0143955.LLC (702) 701-3326
Listing office Prime Properties Mesquite 550 W Pioneer Blvd., #206, Mesquite, NV (702) 701-3326
Listing date Mar 19, 2026
Copyright © 2026 Mesquite Real Estate Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Great investment property with potential to increase cap rate.
- Four units recently updated with new paint, flooring, counters, and appliances including some washer/dryers.
- Units currently renting steadily between $1000-$1200/month with potential for higher rents.
- Each unit is 2 bedrooms, 1 bathroom, approximately 770 sq ft.
- Central location close to parks, schools, College of Southern Nevada Mesquite Campus, library, community rec center, shopping, and casinos.
- Small enough to self‑manage, or live in one unit and rent out the other three for income.
Overview
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 | $61.0k | $19.80 |
| − Vacancy | −$3.2k | −$1.03 |
| EGI | $57.8k | $18.77 |
| − OpEx | −$17.3k | −$5.63 |
| NOI | $40.5k | $13.14 |
Alternative Uses
Current Use by Public Records
Map
- City
- Mesquite
- County
- Clark
- State
- Nevada
- Longitude
- -114.0656697
- Latitude
- 36.8050727
