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Adjacent Quadplex Buildings with New Roofs
For Sale
$900,000

2321 N Jones Boulevard, Las Vegas, NV 89108

Residential, Las Vegas, NV

Property Size3,834 SF
Lot Size0.18 Acres
Price / SF$234.74
Days on Market277

Property Features for 2321 N Jones Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Window features Blinds
Interior features Ceiling Fan(s), Storage, Window Treatments
Appliances Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
Subdivision Charleston Heights Tr #50J
Elementary school ,
Directions NB Jones at US HWY 95 North, Head toward N Jones Blvd, Turn right onto N Jones Blvd, Destination will be on the right
Standard status Active
APN 138-24-117-002
Size 3,834 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 4314

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air
Water source Public

Amenities

fireplace
laundry room
storage area

Building Details

Year built 1984
Floors in Building 2
Number of units 4
Flooring type Tile
Building materials Stucco, Wood Frame
Roof type Flat
Architectural style Other
Additional Structures Storage
Listing Agency: Presidio Real Estate Services
Listed By: Rebecca L. Cordova · License #S.0171584
Added: Jan 9 Changed: Oct 10 Last Checked: Oct 13 at 11:06AM
MLS# 2746485

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.

Investment Insights

Based on property information with market context.

This multifamily property comprises two neighboring fourplex buildings with 2-bedroom, 2-full-bath units. Each unit includes a living room fireplace, separate laundry room, storage area, and a combination of vinyl and tile flooring. Appliances conveyed with the sale include washers, dryers, dishwashers, disposals, ovens, ranges, and refrigerators. The buildings feature a new roof, stucco and wood-frame construction, central natural-gas heating, central air conditioning, and flat roofs.

Located at 2321 N Jones Boulevard in Las Vegas, the property occupies 0.18 acres and contains 3,834 square feet. Public water and public sewer serve the site. Clark County business-license requirements have been completed, and the property has an approved fire marshal inspection. There is no HOA.

Key Highlights

  • Two neighboring fourplex buildings at 2321 N Jones Boulevard
  • 3,834 square feet on a 0.18‑acre lot
  • Units feature 2 bedrooms, 2 full bathrooms, fireplaces, laundry rooms, and storage areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,376
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,520 $1.0M
Cap Rate 7%
$719,657 $719.7K
Cap Rate 9%
$559,733 $559.7K
Market Conditions
NOI Build-Up for 3,834 SF
Gross rent
$75.9K $19.80/SF
− Vacancy
−$3.9K −$1.03/SF
EGI
$72.0K $18.77/SF
− OpEx
−$21.6K −$5.63/SF
NOI
$50.4K $13.14/SF
Area
ZIP 89108
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,520
Cap Rate 7%
$719,657
Cap Rate 9%
$559,733

Alternative Uses

Best Use
Multifamily LT 5
$719.7K
$629.7K – $839.6K (±1% cap)
NOI $50,376 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$645.6K
$564.9K – $753.2K (±1% cap)
NOI $45,194 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,829 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Dental Office Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two neighboring multifamily buildings offer two-bedroom units with private laundry and storage areas.
Where is this quadplex located?
The property is located at 2321 N Jones Boulevard Las Vegas, NV.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two neighboring fourplex buildings at 2321 N Jones Boulevard; 3,834 square feet on a 0.18‑acre lot; Units feature 2 bedrooms, 2 full bathrooms, fireplaces, laundry rooms, and storage areas
More about this property
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