2252 Ellis St, North Las Vegas, NV 89030

Building Details

Year Built

1963

Listing office Simply Vegas c***@hyderealestate.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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Overview

This single-story fourplex features four 2-bedroom, 1-bath units. The property has a fenced yard and on-site parking. It offers an actual cap rate of 6.21% and a pro forma of 8.57%, delivering a balance of immediate cash flow and long-term growth potential. Recent capital improvements include a new roof in 2020, a 100-gallon water heater in 2023, and a gas line replacement in 2024. An owned coin-operated washer/dryer was added in 2025. Each unit features remodeled kitchens, upgraded plumbing, and regularly serviced A/C units. Residents enjoy private exterior storage, a large shared storage building, and a community laundry room. Double-pane windows enhance energy efficiency, and all tenants are current on rent. The property is located in a growing, secure North Las Vegas neighborhood within walking distance of the North Las Vegas Fire Department and Police Station.

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

North Las Vegas

County

Clark

State

Nevada

Longitude

-115.109

Latitude

36.2015

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FAQs

What type of property is this?

Quadplex - Single-story fourplex with remodeled units, strong cash flow potential.

Where is this quadplex located?

The property is located at 2252 Ellis St North Las Vegas, NV.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Strong Income Potential: Actual 6.21% cap rate with 8.57% pro forma.; Four Spacious Units: Each unit has 2 bedrooms and 1 bath.; Recent Capital Improvements: New roof (2020), water heater (2023), and gas line replacement (2024).