Duplex with Two
For Sale
$364,999
2105 Stanley Avenue, North Las Vegas, NV 89030
Duplex features two separate units with private storage rooms and individual carports, with no carpeting in either unit.
Property Size1,701 SF
Price / SF$214.58
Days on Market205
Property Features for 2105 Stanley Avenue
General Information
Standard status
Active
Size
1,701 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1954
Listing Agency:
LA Real Estate Group
(702) 497-3730
Listed By:
Kathy Moreno · License #S.0200757
(702) 497-3730
Source:
Xome
Added: Jan 13
Changed: Jul 21
Last Checked: Aug 6 at 4:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LA Real Estate Group
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each with its own carport and private storage room. One unit has 3 bedrooms and 1 full bathroom, while the second unit has 2 bedrooms and 1 full bathroom. The property is described as having no carpet.
The seller notes the property is conveniently located close to shopping, schools, and highways, supporting everyday accessibility.
The duplex configuration provides a straightforward two-unit layout for an owner-occupant or an investor, with the advantage of no HOA fees as stated in the listing remarks.
The seller notes the property is conveniently located close to shopping, schools, and highways, supporting everyday accessibility.
The duplex configuration provides a straightforward two-unit layout for an owner-occupant or an investor, with the advantage of no HOA fees as stated in the listing remarks.
Key Highlights
- Duplex with 2 units: one 3BD/1BA and one 2BD/1BA
- Each unit has its own carport and private storage room
- No HOA fees reported
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,371
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,420
$387.4K
Cap Rate 7%
$276,729
$276.7K
Cap Rate 9%
$215,233
$215.2K
Market Conditions
NOI Build-Up for 1,701 SF
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.
Gross rent
$29.6K $17.40/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$27.7K $16.27/SF
− OpEx
−$8.3K −$4.88/SF
NOI
$19.4K $11.39/SF
Area
North Las Vegas, NV
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$387,420
Cap Rate 7%
$276,729
Cap Rate 9%
$215,233
Alternative Uses
Best Use
Multifamily LT 5
$276.7K
$242.1K – $322.9K
NOI $19,371 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$255.7K
$223.8K – $298.4K
NOI $17,902 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$460.3K
$402.8K – $537.0K
NOI $32,222 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
Explore this area
Business Placement
Demographics for 89030, NV
56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex features two separate units with private storage rooms and individual carports, with no carpeting in either unit.
Where is this duplex located?
The property is located at 2105 Stanley Avenue North Las Vegas, NV.
What is the asking price?
The asking price for this property is $364,999.
What are key features of this property?
This property features: Duplex with 2 units: one 3BD/1BA and one 2BD/1BA; Each unit has its own carport and private storage room; No HOA fees reported
