Las Vegas Duplex For
203 N 13th Street Las Vegas, NV 89101
203 N 13th Street, Las Vegas, NV, 89101
$400,000
For Sale
$400,000
MULTI_FAMILY - Other - Las Vegas, NV
Property Size1,247 SF
Lot Size0.16 Acres
Price / SF$320.77
Days on Market85
Property Features for 203 N 13th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 139-35-211-085
- Size
- 1,247 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 816
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Wall Furnace
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1944
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency
eXp Realty
(702) 310-6683
8400 W Sahara Avenue, Las Vegas, NV
Listed by
Aaron Taylor · License #S.0038886
(702) 310-6683
Added: Apr 24 Checked: Jul 17 at 9:06 pm
MLS# 2776043
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 duplex is located in the heart of historic downtown Las Vegas. The property is zoned T-5. Each of the two units features one bedroom and one bathroom. The property size is 1247 square feet and the lot size is 0.16 acres.
Key Highlights
- Zoned T‑5 duplex in historic downtown Las Vegas
- Duplex features 2 units total; each unit has 1 bedroom and 1 bathroom
- Built in 1944 with block construction and shingle/composition roof
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 | $21.7k | $17.40 |
| − Vacancy | −$1.2k | −$0.96 |
| EGI | $20.5k | $16.44 |
| − OpEx | −$6.2k | −$4.93 |
| NOI | $14.4k | $11.51 |
1,247 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.0K
$179.4K – $239.2K
NOI $14,353 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$189.5K
$165.8K – $221.1K
NOI $13,264 @ 7.0% cap · market cap 3.32%
Theoretical Best
Specialty Retail
$430.9K
$377.0K – $502.7K
NOI $30,162 @ 7.0% cap · market cap 7.54%
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?
Duplex - Duplex in historic downtown Las Vegas with T-5 zoning.
Where is this duplex located?
The property is located at 203 N 13th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Zoned T‑5 duplex in historic downtown Las Vegas; Duplex features 2 units total; each unit has 1 bedroom and 1 bathroom; Built in 1944 with block construction and shingle/composition roof
