Triplex with One-Bedroom
For Sale
$425,000
2132 Houston Drive, Las Vegas, NV 89104
Residential, Las Vegas, NV
Property Size2,167 SF
Lot Size0.19 Acres
Price / SF$196.12
Days on Market247
Property Features for 2132 Houston Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Subdivision
Jubilee Tr
Elementary school
,
Directions
From Charleston and Eastern, Go south on Eastern, Left on Houston to property on the right-hand side.
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
Shingle, Composition
Architectural style
Other
Listing Agency:
Keller Williams MarketPlace · Keller Williams Realty
(702) 939-0000
Listed By:
Richard J. Brenkus · License #BS.0016186
(702) 752-0044
Added: Feb 3
Changed: Sep 21
Last Checked: Oct 8 at 9:06AM
MLS# 2753433
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 Las Vegas triplex contains 3 residential units, each configured with 1 bedroom and 1 bathroom. The property includes 2,167 square feet of building area on a 0.19-acre lot, with tile flooring and stucco construction. Central heating and central air are present, supplemented by window unit(s) cooling. The roof uses shingle and composition materials.
Built in 1954, the property is served by public water and public sewer. Ample parking is available, supporting the existing multi-unit layout at 2132 Houston Drive.
Built in 1954, the property is served by public water and public sewer. Ample parking is available, supporting the existing multi-unit layout at 2132 Houston Drive.
Key Highlights
- 3 units, each with 1 bedroom and 1 bathroom
- 2,167 square feet on a 0.19‑acre lot
- Ample parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,942
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,840
$498.8K
Cap Rate 7%
$356,314
$356.3K
Cap Rate 9%
$277,133
$277.1K
Market Conditions
NOI Build-Up for 2,167 SF
Gross rent
$37.7K $17.40/SF
− Vacancy
−$2.1K −$0.96/SF
EGI
$35.6K $16.44/SF
− OpEx
−$10.7K −$4.93/SF
NOI
$24.9K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,840
Cap Rate 7%
$356,314
Cap Rate 9%
$277,133
Alternative Uses
Best Use
Multifamily LT 5
$356.3K
$311.8K – $415.7K
NOI $24,942 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$329.3K
$288.1K – $384.2K
NOI $23,049 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$748.8K
$655.2K – $873.6K
NOI $52,415 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 89104, NV
41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer a compact income-property configuration with ample parking in Las Vegas.
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 $425,000.
What are key features of this property?
This property features: 3 units, each with 1 bedroom and 1 bathroom; 2,167 square feet on a 0.19‑acre lot; Ample parking available
