2201 James Bilbray Drive, Las Vegas, NV 89108
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Jun 18, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 22 at 1:06 am
Property Features for 2201 James Bilbray Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 138-23-124-071
- Size
- 3,976 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3279
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile
- Building materials
- Stucco, Wood Frame
- Architectural style
- Other
Listing agent Ryan Crighton License #BS.0000254 (702) 217-1048
Listing office Rothwell Gornt Companies 105 N Pecos Rd Ste 140, Henderson, NV (702) 932-8813
Listing date Jun 18, 2026
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.
HighLights
- Four‑plex built in 1998 with four units, each offering approximately 960 SF
- Each unit features 2 bedrooms and 2 full bathrooms
- In‑unit washer and dryer included in every unit
- Central heating and central A/C with natural gas heat
- Stucco and wood frame construction; vinyl and tile flooring
- HOA manages water, trash, landscaping, exterior building maintenance, and pool services
Overview
The property is located in the Northwest area of Las Vegas and sits next to local schools. Residents are also described as being within a short walk of shopping centers, parks, and dining options, which can be practical for everyday errands and routines. A homeowners association manages key operating items, including water, trash, landscaping, exterior building maintenance, and pool services.
For buyers seeking a small multi-family asset, the combination of in-unit laundry, updated finishes in multiple units, and HOA-managed exterior responsibilities can help streamline property operations. The consistent unit mix of two-bedroom, two-bath layouts may also support straightforward leasing and resident expectations across the four homes.
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 | $78.7k | $19.80 |
| − Vacancy | −$4.1k | −$1.03 |
| EGI | $74.6k | $18.77 |
| − OpEx | −$22.4k | −$5.63 |
| NOI | $52.2k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.237882
- Latitude
- 36.199997
