8-Unit Apartment Building with
New
For Sale
$1,150,000
2213 Sunrise Avenue, Las Vegas, NV 89101
Residential, Las Vegas, NV
Property Size8,264 SF
Lot Size0.20 Acres
Price / SF$139.16
Days on Market4
Property Features for 2213 Sunrise Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Exterior features
Private Yard
Subdivision
Moss Tr #5
Elementary school
,
Directions
From Stewart Ave and 21st Street, go south and make a left on Sunrise Ave. Building will be on the left.
Standard status
Active
APN
139-35-812-009
Size
8,264 SF
Lot size
0.20 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
3391
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
on-site surface parking
interior courtyard
gated access
common laundry room
Building Details
Year built
1957
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
Block
Roof type
Flat
Architectural style
Other
Buildings
1
Listing Agency:
Simply Vegas
(702) 568-6800
Listed By:
Catherine Hyde · License #S.0070366
(702) 408-2289
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 28 at 7:06AM
MLS# 2828706
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.
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Investment Insights
Based on property information with market context.
The property comprises eight apartments in a two-story masonry building totaling 8,264 square feet. Four units have three bedrooms and two bathrooms; the other four have two bedrooms and one bathroom. Built in 1957, the building includes an interior courtyard, gated entry, a common laundry room, and surface parking on site. The 0.20-acre parcel is zoned R-4.
Located at 2213 Sunrise Avenue in Las Vegas, the property is in the Downtown East corridor. Public water and sewer serve the site. The building is fully occupied, and all resident agreements are month-to-month.
Located at 2213 Sunrise Avenue in Las Vegas, the property is in the Downtown East corridor. Public water and sewer serve the site. The building is fully occupied, and all resident agreements are month-to-month.
Key Highlights
- Eight apartments: four 3‑bedroom/2‑bath units and four 2‑bedroom/1‑bath units
- 8,264‑square‑foot, two‑story masonry building constructed in 1957
- 0.20‑acre R‑4 parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,901
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,020
$1.8M
Cap Rate 7%
$1,255,729
$1.3M
Cap Rate 9%
$976,678
$976.7K
Market Conditions
NOI Build-Up for 8,264 SF
Gross rent
$168.6K $20.40/SF
− Vacancy
−$8.8K −$1.06/SF
EGI
$159.8K $19.34/SF
− OpEx
−$71.9K −$8.70/SF
NOI
$87.9K $10.64/SF
Area
Las Vegas, NV
Vacancy
5.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,020
Cap Rate 7%
$1,255,729
Cap Rate 9%
$976,678
Alternative Uses
Best Use
Apartment 5plus
$1.26M
$1.10M – $1.47M
NOI $87,901 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.33M
NOI $199,889 @ 7.0% cap · market cap 17.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story masonry residences offer a mix of two- and three-bedroom layouts, plus gated access and shared laundry.
Where is this apartment building located?
The property is located at 2213 Sunrise Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Eight apartments: four 3‑bedroom/2‑bath units and four 2‑bedroom/1‑bath units; 8,264‑square‑foot, two‑story masonry building constructed in 1957; 0.20‑acre R‑4 parcel
