Single-Story
For Sale
$514,900
1317 Exley Avenue, Las Vegas, NV 89104
Two separate residences support rental use, owner occupancy, or multigenerational living arrangements.
Property Size1,796 SF
Lot Size0.16 Acres
Price / SF$286.69
Days on Market54
Property Features for 1317 Exley Avenue
General Information
Standard status
Active
Size
1,796 SF
Lot size
0.16 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Huntridge
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,094
Building Details
Building Size
1,796 SF
Year Built
1954
Stories
1
Listing Agency:
Love Las Vegas Realty
Listed By:
Gwendolyn Lion · License #S.0184265
(702) 984-9021
Source:
Virtuelre
Added: Sep 1
Changed: Oct 21
Last Checked: Oct 23 at 4:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Love Las Vegas Realty
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Investment Insights
Based on property information with market context.
This single-story duplex at 1317 Exley Avenue contains two separate residences with approximately 1,796 square feet of combined living space. The units offer five bedrooms and two bathrooms overall, along with living areas, kitchens, vinyl flooring, and functional layouts. Built in 1954, the property sits on an approximately 6,970-square-foot lot.
The property is in Las Vegas ZIP code 89104, near Sahara Avenue and Maryland Parkway. Downtown Las Vegas, the Las Vegas Strip, shopping, dining, schools, public transportation, and major employment centers are identified as nearby destinations. The two-unit configuration accommodates a range of occupancy and rental arrangements within a single property.
The property is in Las Vegas ZIP code 89104, near Sahara Avenue and Maryland Parkway. Downtown Las Vegas, the Las Vegas Strip, shopping, dining, schools, public transportation, and major employment centers are identified as nearby destinations. The two-unit configuration accommodates a range of occupancy and rental arrangements within a single property.
Key Highlights
- Two‑unit duplex with 1,796 square feet of total living space
- Five bedrooms and two bathrooms across the property
- Single‑story layout with separate residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,672
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,440
$413.4K
Cap Rate 7%
$295,314
$295.3K
Cap Rate 9%
$229,689
$229.7K
Market Conditions
NOI Build-Up for 1,796 SF
Gross rent
$31.3K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.5K $16.44/SF
− OpEx
−$8.9K −$4.93/SF
NOI
$20.7K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,440
Cap Rate 7%
$295,314
Cap Rate 9%
$229,689
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,672 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$272.9K
$238.8K – $318.4K
NOI $19,103 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$620.6K
$543.0K – $724.0K
NOI $43,442 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,002
Businesses Nearby
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Business Placement
Demographics for 89104, NV
41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences support rental use, owner occupancy, or multigenerational living arrangements.
Where is this duplex located?
The property is located at 1317 Exley Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $514,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,796 square feet of total living space; Five bedrooms and two bathrooms across the property; Single‑story layout with separate residences
