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    Las Vegas Fourplex Investment Opportunity

    2321 N Jones Boulevard Las Vegas, NV 89108

    Claim this Listing
    For Sale
    $900,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,834 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $234/SF
    Added:
    Jan 9, 2026
    Days on Market:
    183
    Last Refresh:
    Jul 11 at 4:06 pm

    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
    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
    Central, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    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 agent Rebecca L. Cordova License #S.0171584

    Listing office Presidio Real Estate Services 2470 St. Rose Pkwy #109, Las Vegas, NV

    Listing date Jan 9, 2026

    MLS# 2746485 Listing URL

    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.

    An excellent investment opportunity is available in Las Vegas, Nevada, featuring two fourplexes offered for sale at $900,000 per building. Each unit includes 2 bedrooms and 2 full bathrooms, complemented by a living room fireplace, separate laundry room, and storage area. The units feature vinyl and tile flooring throughout, and all appliances are included in the sale. A new roof has been installed. The property has completed Clark County business license requirements, with Fire Marshall inspection approval. The lot size is 0.18 acres and the building size is 3,834 square feet. There is no HOA.

    Key Highlights

    • Excellent investment opportunity: Selling two 4‑plexes next to one another.
    • Each unit features 2 bedrooms and 2 full bathrooms.
    • Units include a living room fireplace, separate laundry room, and storage area.

    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 $75.9k $19.80
    − Vacancy −$3.9k −$1.03
    EGI $72.0k $18.77
    − OpEx −$21.6k −$5.63
    NOI $50.4k $13.14
    3,834 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    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 local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Restaurant Dental Office Daycare Center Spa & Massage Center Gym & Fitness Center Building Supply (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Quadplex - Two fourplexes available for sale in Las Vegas, Nevada.
    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: Excellent investment opportunity: Selling two 4‑plexes next to one another.; Each unit features 2 bedrooms and 2 full bathrooms.; Units include a living room fireplace, separate laundry room, and storage area.
    Contact an agent
    (702) 612-1584
    We can help!
    Contact an agent
    Rebecca L. Cordova
    Real Estate License ID: S.0171584
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