2220 N Lamb Blvd Las Vegas, NV 89115
Fully leased fourplex with immediate income potential in Las Vegas.
- Added:
- Mar 2, 2026
- Days on Market:
- 134
- Last Refresh:
- Jun 29 at 3:50 am
Property Features for 2220 N Lamb Blvd
General Information
- Standard status
- Active
- Size
- 3,056 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1971
Listing office United Realty Group
Listing date Mar 2, 2026
Source Crexi
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 United Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- Immediate income potential with all four units currently leased.
- Each unit features a desirable 2‑bedroom, 1‑bath layout.
- On‑site laundry provides added tenant convenience.
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 | $49.5k | $16.20 |
| − Vacancy | −$2.6k | −$0.84 |
| EGI | $46.9k | $15.36 |
| − OpEx | −$14.1k | −$4.61 |
| NOI | $32.9k | $10.75 |
