Six-Unit Residential Income
1967 Linn Lane Las Vegas, NV 89156
New
1967 Linn Lane, Las Vegas, NV, 89156
$724,900
For Sale
$724,900
MULTI_FAMILY - Other - Las Vegas, NV
Property Size3,008 SF
Lot Size0.19 Acres
Price / SF$240.99
Days on Market4
Property Features for 1967 Linn Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Oven, Range
- Standard status
- Active
- APN
- 140-21-702-004
- Size
- 3,008 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 811
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Stucco, Wood Frame
- Architectural style
- Other
Listing agency
Rothwell Gornt Companies
(702) 932-8813
Listed by
Ryan Crighton · License #BS.0000254
(702) 217-1048
Added: Jul 20 Updated: Jul 21 at 5:09AM Checked: Jul 23 at 9:06AM
MLS# 2801737
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 multifamily residential income property includes six total units: four two-bedroom, one-bath units and two studio units. The offering provides a mix of unit types within a single asset, positioned on a 0.19-acre lot.
The property is located at 1967 Linn Lane in Las Vegas, Nevada (89156). Public remarks note the property is gated and provides easy access to Lake Mead Blvd and surrounding shopping destinations.
With 3,008 square feet of building area noted, this is a compact, straightforward income-focused configuration designed to support multiple rental unit types within one ownership.
The property is located at 1967 Linn Lane in Las Vegas, Nevada (89156). Public remarks note the property is gated and provides easy access to Lake Mead Blvd and surrounding shopping destinations.
With 3,008 square feet of building area noted, this is a compact, straightforward income-focused configuration designed to support multiple rental unit types within one ownership.
Key Highlights
- 6‑unit property: 4 two‑bedroom, 1‑bath units and 2 separate studio units
- 8,276 sq ft lot with gated property for added resident security
- Public water and public sewer
Local Financial Insights For Apartment 5plus
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 | $61.4k | $20.40 |
| − Vacancy | −$3.2k | −$1.06 |
| EGI | $58.2k | $19.34 |
| − OpEx | −$26.2k | −$8.70 |
| NOI | $32.0k | $10.64 |
3,008 SF · lease $20.40/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$457.1K
$399.9K – $533.3K
NOI $31,995 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$909.5K – $1.21M
NOI $72,757 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six rental units are configured as four two-bedroom units and two studio units on a 0.19-acre lot.
Where is this apartment building located?
The property is located at 1967 Linn Lane Las Vegas, NV.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: 6‑unit property: 4 two‑bedroom, 1‑bath units and 2 separate studio units; 8,276 sq ft lot with gated property for added resident security; Public water and public sewer
