Two-Unit Duplex with Central
For Sale
$340,000
2205 East Webb Avenue, North Las Vegas, NV 89030
Both residences offer central air conditioning and heat, with separate repiping improvements completed in each unit.
Property Size1,425 SF
Price / SF$236.11
Days on Market38
Property Features for 2205 East Webb Avenue
General Information
Standard status
Active
Size
1,425 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$819
Building Details
Building Size
1,425 SF
Year Built
1954
Listing Agency:
Century 21 Americana
(725) 274-7540
Listed By:
Rito J. Altamirano-Godoy · License #S.0182141
(725) 274-7540
Source:
Vicerealtygroup
Added: Jun 28
Changed: Aug 2
Last Checked: Aug 3 at 11:01AM
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 Century 21 Americana
Investment Insights
Based on property information with market context.
Built in 1954, this duplex contains two residential units, each configured with two bedrooms, one bathroom, and approximately 720 square feet. Both units have central air conditioning and heat. The property has also received plumbing updates, with copper piping installed in one residence and PEX piping in the other. Recent roof repairs were completed on both units.
Located at 2205 East Webb Avenue in North Las Vegas, Nevada, the property has been owner occupied for 20 years. Its two-unit layout supports continued residential use, with the existing mechanical, plumbing, and roof improvements documented for both residences.
Located at 2205 East Webb Avenue in North Las Vegas, Nevada, the property has been owner occupied for 20 years. Its two-unit layout supports continued residential use, with the existing mechanical, plumbing, and roof improvements documented for both residences.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Approximately 720 square feet per unit
- Central A/C and heat installed in both units
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 | $25.1k | $17.40 |
| − Vacancy | −$1.6k | −$1.13 |
| EGI | $23.4k | $16.27 |
| − OpEx | −$7.0k | −$4.88 |
| NOI | $16.4k | $11.39 |
1,440 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.3K
$205.0K – $273.3K
NOI $16,399 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$216.5K
$189.4K – $252.6K
NOI $15,155 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$389.7K
$341.0K – $454.6K
NOI $27,278 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,105
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
Properties on Market for Duplexes in Clark County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer central air conditioning and heat, with separate repiping improvements completed in each unit.
Where is this duplex located?
The property is located at 2205 East Webb Avenue North Las Vegas, NV.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Approximately 720 square feet per unit; Central A/C and heat installed in both units
