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Fourplex with Updated Interiors
For Sale
$660,000

1656 Stevens Street, Las Vegas, NV 89115

Fourplex offers 100% occupancy, updated kitchens and bathrooms, plus shared laundry, storage, and parking for resident convenience.

Property SizeContact for details
Days on Market99

Property Features for 1656 Stevens Street

General Information

Standard status Active
Listed By: Colin Acasio · License #S.0204421
Source: Expcommercial
Added: Jun 17 Changed: Sep 22 Last Checked: Sep 22 at 1:01PM

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 Colin Acasio

Investment Insights

Based on property information with market context.

This Las Vegas fourplex is configured as four separate 2-bedroom, 1-bath units. The property includes four dedicated storage rooms, an onsite laundry room, a central courtyard, and five parking spaces to support everyday tenant needs. Recent improvements include a newer roof installed in 2022, newer exterior paint, and semi-renovated interiors across all units, with updates to both bathrooms and kitchens.

The asset is offered for sale as a stabilized, fully occupied multifamily investment with professional property management already in place. With all four units currently occupied, the property is designed to operate as an income-producing fourplex without requiring immediate interior renovations.

For investors or buyers seeking a practical, turnkey residential income property, the consistent unit mix and completed upgrades can reduce near-term capital planning. The combination of in-unit appeal updates, shared onsite laundry, and additional storage and parking supports tenant functionality and resident convenience within a single controlled property setting.

Key Highlights

  • 1983‑built fourplex with 4 units, all currently occupied (100% occupancy)
  • 2 bed / 1 bath layout in each unit; about 799 SF per unit for roughly 3,196 SF total
  • Updated bathrooms and kitchens across all units, plus semi‑renovated interiors

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 89115, NV

67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex offers 100% occupancy, updated kitchens and bathrooms, plus shared laundry, storage, and parking for resident convenience.
Where is this quadplex located?
The property is located at 1656 Stevens Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 1983‑built fourplex with 4 units, all currently occupied (100% occupancy); 2 bed / 1 bath layout in each unit; about 799 SF per unit for roughly 3,196 SF total; Updated bathrooms and kitchens across all units, plus semi‑renovated interiors
More about this property
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