Turn-Key Renovated
1651 Cadillac Lane Las Vegas, NV 89106
New
For Sale
$449,900
MULTI_FAMILY - Other - Las Vegas, NV
Property Size1,833 SF
Lot Size0.16 Acres
Price / SF$245.44
Days on Market2
Property Features for 1651 Cadillac Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Security features
- Security System
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments, Programmable Thermostat
- Exterior features
- Private Yard
- Appliances
- Dryer, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Washer
- Standard status
- Active
- APN
- 139-22-411-034
- Size
- 1,833 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 965
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Block, Stucco
- Architectural style
- Other
Listing Agency:
Keller Williams MarketPlace
(702) 939-0000
Listed By:
Randy Myers · License #S.0179042
(702) 461-5784
Added: Jul 23
Last Checked: Jul 24 at 2:06AM
MLS# 2800525
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.
This fully renovated duplex offers two separate residential units with a modern interior refresh throughout. Interior finishes include durable new ceramic tile flooring and freshly completed walls and clean ceilings. The property also includes updated plumbing and modern electrical systems, dual newly replaced windows, and efficient central A/C units. Each unit features fully modernized kitchens and bathrooms with contemporary fixtures. The layout provides one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit.
Located in the Historical Westside area with easy freeway access, the duplex is described as minutes from the Downtown Arts District, local dining, parks, and the Las Vegas Strip.
The property is listed for sale as a single duplex on a 0.16-acre lot with a total property size of 1,833 square feet.
Located in the Historical Westside area with easy freeway access, the duplex is described as minutes from the Downtown Arts District, local dining, parks, and the Las Vegas Strip.
The property is listed for sale as a single duplex on a 0.16-acre lot with a total property size of 1,833 square feet.
Key Highlights
- Fully renovated duplex with updated kitchens and bathrooms in both units
- Dual central A/C units and programmable thermostat
- 3‑bedroom/1‑bath unit plus 2‑bedroom/1‑bath unit layout
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 | $31.9k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $30.1k | $16.44 |
| − OpEx | −$9.0k | −$4.93 |
| NOI | $21.1k | $11.51 |
1,833 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$301.4K
$263.7K – $351.6K
NOI $21,098 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$278.5K
$243.7K – $325.0K
NOI $19,497 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$633.4K
$554.2K – $739.0K
NOI $44,337 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated duplex with two units, featuring updated kitchens, baths, plumbing, electrical, and central A/C.
Where is this duplex located?
The property is located at 1651 Cadillac Lane 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: Fully renovated duplex with updated kitchens and bathrooms in both units; Dual central A/C units and programmable thermostat; 3‑bedroom/1‑bath unit plus 2‑bedroom/1‑bath unit layout
