Single-Story Triplex with
1828 Lewis Avenue, Las Vegas, NV 89101
For Sale
$450,000
Pending
Residential, Las Vegas, NV
Property Size2,123 SF
Lot Size0.16 Acres
Days on Market95
Property Features for 1828 Lewis Avenue
General Information
Property type
Property subtype
Subdivision
Elementary school
Directions
Special listing conditions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit washer/dryer
backyard patio
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Innovative Real Estate Strateg
Listed By:
Brandy J. White Elk · License #B.0009698
(702) 478-2242
Added: Aug 5
Changed: Oct 23
Last Checked: Nov 7 at 8:06AM
MLS# 2806462
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.
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Investment Insights
Based on property information with market context.
This 2,123-square-foot triplex contains three single-story units, each arranged with two bedrooms and one bathroom. Every residence includes a stackable washer and dryer inside the unit, along with a backyard patio area. The property was built in 1954 and features stucco construction, vinyl flooring, central air conditioning, and central electric heat. Public water and sewer serve the site, while composition shingle roofing and low-maintenance landscaping support the overall configuration.
Set in Las Vegas, the property is positioned near shopping, dining, schools, and Downtown Las Vegas. The parcel encompasses 0.16 acres and provides a compact multifamily setting with three similarly configured residences.
Set in Las Vegas, the property is positioned near shopping, dining, schools, and Downtown Las Vegas. The parcel encompasses 0.16 acres and provides a compact multifamily setting with three similarly configured residences.
Key Highlights
- Three‑unit triplex with 2,123 square feet of property size
- Each unit includes 2 bedrooms and 1 bathroom
- Stackable washer and dryer located inside each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,436
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,720
$488.7K
Cap Rate 7%
$349,086
$349.1K
Cap Rate 9%
$271,511
$271.5K
Market Conditions
NOI Build-Up for 2,123 SF
Gross rent
$36.9K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.9K $16.44/SF
− OpEx
−$10.5K −$4.93/SF
NOI
$24.4K $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%
$488,720
Cap Rate 7%
$349,086
Cap Rate 9%
$271,511
Alternative Uses
Best Use
Multifamily LT 5
$349.1K
$305.5K – $407.3K
NOI $24,436 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$322.6K
$282.3K – $376.4K
NOI $22,581 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$733.6K
$641.9K – $855.9K
NOI $51,351 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Clark County, NV
Properties on Market for Triplexes in Clark County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer consistent layouts, private outdoor areas, and in-unit laundry equipment.
Where is this triplex located?
The property is located at 1828 Lewis Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit triplex with 2,123 square feet of property size; Each unit includes 2 bedrooms and 1 bathroom; Stackable washer and dryer located inside each unit
