Three-Unit Residential
2132 Houston Drive Las Vegas, NV 89104
2132 Houston Drive, Las Vegas, NV, 89104
$500,000
For Sale
$500,000
MULTI_FAMILY - Other - Las Vegas, NV
Property Size2,167 SF
Lot Size0.19 Acres
Price / SF$230.73
Days on Market165
Property Features for 2132 Houston Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 162-01-110-017
- Size
- 2,167 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1275
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing Agency
Keller Williams MarketPlace
(702) 939-0000
2230 Corporate Cir Ste. 250, Henderson, NV
Listed by
Richard J. Brenkus · License #BS.0016186
(702) 752-0044
Added: Feb 3 Checked: Jul 18 at 7:06 am
MLS# 2753433
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 for-sale triplex offers three residential units, each featuring a 1-bedroom and 1-bath layout. The property provides an income-focused configuration with multiple separate units under one ownership.
The building is located at 2132 Houston Drive in Las Vegas, Nevada, with a lot size of 0.19 acres. Public remarks note ample parking available for residents and guests.
With 3 total units and individual 1 bed/1 bath configurations, this property may appeal to buyers seeking a straightforward multi-unit residential investment setup in Las Vegas.
The building is located at 2132 Houston Drive in Las Vegas, Nevada, with a lot size of 0.19 acres. Public remarks note ample parking available for residents and guests.
With 3 total units and individual 1 bed/1 bath configurations, this property may appeal to buyers seeking a straightforward multi-unit residential investment setup in Las Vegas.
Key Highlights
- Multi‑unit property with 3 units, each offering 1 bedroom and 1 bathroom
- Year built: 1954
- Public water 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 | $37.7k | $17.40 |
| − Vacancy | −$2.1k | −$0.96 |
| EGI | $35.6k | $16.44 |
| − OpEx | −$10.7k | −$4.93 |
| NOI | $24.9k | $11.51 |
2,167 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.3K
$311.8K – $415.7K
NOI $24,942 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$329.3K
$288.1K – $384.2K
NOI $23,049 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$748.8K
$655.2K – $873.6K
NOI $52,415 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with three 1-bedroom, 1-bath units and ample parking.
Where is this triplex located?
The property is located at 2132 Houston Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Multi‑unit property with 3 units, each offering 1 bedroom and 1 bathroom; Year built: 1954; Public water and public sewer
