Duplex with Private
1539 Hialeah Drive, Las Vegas, NV 89119
For Sale
$449,900
Each residence has its own garage, enclosed rear patio, and access to a shared backyard.
Property Size2,067 SF
Days on Market10
Property Features for 1539 Hialeah Drive
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Flat Fee Pros
Listed By:
Lori Davidge · License #S.0180737
(702) 609-6196
Source:
Vicerealtygroup
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 8 at 11:55AM
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 Flat Fee Pros
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Investment Insights
Based on property information with market context.
This 1977 duplex contains two residences, each with a private single-car garage and an enclosed rear patio. Interior features include ceiling fans, storage closets, and a kitchen equipped with an electric stove and side-by-side refrigerator. One unit has granite tile in the kitchen, entry, and dining areas; the other has laminate flooring. Both have private front courtyards and access to the shared backyard.
A double iron gate provides vehicle and RV access to the rear yard, which is enclosed by a 10-foot block wall. A lockable shipping container of approximately 80 feet sits on a concrete slab. The property is on Hialeah Drive in Las Vegas, about 2 miles from the Strip and within walking distance of UNLV.
A double iron gate provides vehicle and RV access to the rear yard, which is enclosed by a 10-foot block wall. A lockable shipping container of approximately 80 feet sits on a concrete slab. The property is on Hialeah Drive in Las Vegas, about 2 miles from the Strip and within walking distance of UNLV.
Key Highlights
- Two residential units, each with a private single‑car garage
- Approximately 80‑foot lockable shipping container on a concrete slab
- Shared backyard with vehicle and RV access through a double iron gate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,791
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,820
$475.8K
Cap Rate 7%
$339,871
$339.9K
Cap Rate 9%
$264,344
$264.3K
Market Conditions
NOI Build-Up for 2,067 SF
Gross rent
$36.0K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.0K $16.44/SF
− OpEx
−$10.2K −$4.93/SF
NOI
$23.8K $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%
$475,820
Cap Rate 7%
$339,871
Cap Rate 9%
$264,344
Alternative Uses
Best Use
Multifamily LT 5
$339.9K
$297.4K – $396.5K
NOI $23,791 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$314.1K
$274.8K – $366.4K
NOI $21,986 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$714.2K
$625.0K – $833.3K
NOI $49,996 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,836
Businesses Nearby
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Business Placement
Demographics for 89119, NV
48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Las Vegas, NV
Properties on Market for Duplexes in Las Vegas
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own garage, enclosed rear patio, and access to a shared backyard.
Where is this duplex located?
The property is located at 1539 Hialeah Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two residential units, each with a private single‑car garage; Approximately 80‑foot lockable shipping container on a concrete slab; Shared backyard with vehicle and RV access through a double iron gate
