Duplex Residential Income
1905 Weldon Place Las Vegas, NV 89104
For Sale
$580,000
MULTI_FAMILY - Other - Las Vegas, NV
Property Size1,614 SF
Lot Size0.14 Acres
Price / SF$359.36
Days on Market355
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
Listed By:
Alvaro Puentes-Zalasar · License #S.0194391
(702) 271-7717
Added: Aug 9, 2025
Changed: Jul 18
Last Checked: Jul 29 at 2:06PM
MLS# 2708916
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
