Duplex Residential Income
1905 Weldon Place Las Vegas, NV 89104
1905 Weldon Place, Las Vegas, NV, 89104
$580,000
For Sale
$580,000
MULTI_FAMILY - Other - Las Vegas, NV
Property Size1,614 SF
Lot Size0.14 Acres
Price / SF$359.36
Days on Market344
Property Features for 1905 Weldon Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- APN
- 162-03-312-006
- Size
- 1,614 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 927
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency
SOS Realty Group LLC
(702) 767-4488
3450 E Russell Rd Suite 209, Las Vegas, NV
Listed by
Alvaro Puentes-Zalasar · License #S.0194391
(702) 271-7717
Added: Aug 9, 2025 Checked: Jul 18 at 12:06 pm
MLS# 2708916
Listing URL
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 residential income property is configured as a duplex, offering a total of 1,614 square feet of living space on a 0.14-acre lot. It is offered for sale at 1905 Weldon Place in Las Vegas, Nevada.
According to the public remarks, the home is minutes from the Strip and nearby shopping centers. This makes it a straightforward option for buyers seeking an income-oriented residential asset in the Las Vegas area.
According to the public remarks, the home is minutes from the Strip and nearby shopping centers. This makes it a straightforward option for buyers seeking an income-oriented residential asset in the Las Vegas area.
Key Highlights
- Brick construction with tile flooring throughout
- Central heating (natural gas) and central air conditioning
- Public water service and public sewer
Local 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 | $28.1k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $26.5k | $16.44 |
| − OpEx | −$8.0k | −$4.93 |
| NOI | $18.6k | $11.51 |
1,614 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.4K
$232.2K – $309.6K
NOI $18,577 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$245.2K
$214.6K – $286.1K
NOI $17,167 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$557.7K
$488.0K – $650.7K
NOI $39,039 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Residential income duplex on a small lot with 1,614 square feet of space in Las Vegas.
Where is this duplex located?
The property is located at 1905 Weldon Place Las Vegas, NV.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Brick construction with tile flooring throughout; Central heating (natural gas) and central air conditioning; Public water service and public sewer
