Two-Story Multifamily
For Sale
$750,000
2313 N Jones Blvd, Las Vegas, NV 89108
The rental property includes in-unit laundry appliances, a microwave, and window blinds.
Property Size3,834 SF
Lot Size0.18 Acres
Price / SF$195.62
Days on Market10
Property Features for 2313 N Jones Blvd
General Information
Standard status
Active
Size
3,834 SF
Lot size
0.18 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,094
Amenities
washer
dryer
microwave
blinds
Building Details
Building Size
3,834 SF
Year Built
1984
Stories
2
Units
4
Listed By:
Michael T. Verba
(702) 283-8855
Source:
Elliman
Added: Oct 7
Changed: Oct 14
Last Checked: Oct 15 at 2:15AM
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 Michael T. Verba
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Investment Insights
Based on property information with market context.
Located at 2313 N Jones Blvd in Las Vegas, this two-story residential rental property was built in 1984. The building contains 3,834 square feet on a 0.18-acre lot. The described residence has two bedrooms and two full bathrooms, with a washer, dryer, microwave, and blinds among its interior features.
Walk Score is 55, Bike Score is 46, and Transit Score is 39.
Walk Score is 55, Bike Score is 46, and Transit Score is 39.
Key Highlights
- 3,834 square feet on a 0.18‑acre lot
- Two‑story residential rental property built in 1984
- Described residence has two bedrooms and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,194
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,880
$903.9K
Cap Rate 7%
$645,629
$645.6K
Cap Rate 9%
$502,156
$502.2K
Market Conditions
NOI Build-Up for 3,834 SF
Gross rent
$86.5K $22.56/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$82.2K $21.43/SF
− OpEx
−$37.0K −$9.64/SF
NOI
$45.2K $11.79/SF
Area
ZIP 89108
Vacancy
5.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,880
Cap Rate 7%
$645,629
Cap Rate 9%
$502,156
Alternative Uses
Best Use
Apartment 5plus
$645.6K
$564.9K – $753.2K
NOI $45,194 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,829 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 89108, NV
73,637
Population
28,377
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
80%
High-School Grad
8.9 sq mi
ZIP Area
8,274
Density / Sq Mi
$57,403
Median Household Income
$36,383
Median Earnings
$1,431
Median Rent
$304,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - The rental property includes in-unit laundry appliances, a microwave, and window blinds.
Where is this multifamily property located?
The property is located at 2313 N Jones Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,834 square feet on a 0.18‑acre lot; Two‑story residential rental property built in 1984; Described residence has two bedrooms and two full bathrooms
