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Two-Unit Duplex
New
For Sale
$360,000

2420 Salt Lake Street, North Las Vegas, NV 89030

Residential, North Las Vegas, NV

Property Size1,380 SF
Lot Size0.11 Acres
Price / SF$260.87
Days on Market1

Property Features for 2420 Salt Lake Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Window features Blinds
Interior features Ceiling Fan(s), Window Treatments
Appliances Dryer, Disposal, Refrigerator, Washer
Subdivision North Main Add
Elementary school ,
Directions Las Vegas Blvd N and E Carey Ave: Head toward Las Vegas Blvd N. Turn right onto E Carey Ave. Turn right onto N Salt Lake St. Home will be on the right.
Standard status Active
APN 139-14-812-069
Size 1,380 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 700

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 1
Flooring type Tile
Building materials Stucco
Roof type Composition, Shingle
Architectural style Other
Buildings 1
Listing Agency: Evolve Realty
Listed By: Oliver Tolentino · License #BS.0143821
Added: Oct 30 Last Checked: Oct 30 at 11:06PM
MLS# 2830790

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,380-square-foot duplex contains two living spaces, each with a living room, an eat-in kitchen with built-in appliances, two bedrooms, and a bathroom with a tub and shower. Tile flooring, ceiling fans, window treatments, central air conditioning, and electric central heating are among the interior features. The 1958 building has stucco construction and a composition shingle roof on a 0.11-acre lot.

The property is served by public water and public sewer. A washer, dryer, refrigerator, and disposal are included.

Key Highlights

  • Two‑unit duplex with 1,380 square feet of property area
  • Each unit has 2 bedrooms and 1 bathroom
  • 0.11‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,716
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,320 $314.3K
Cap Rate 7%
$224,514 $224.5K
Cap Rate 9%
$174,622 $174.6K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$24.0K $17.40/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$22.5K $16.27/SF
− OpEx
−$6.7K −$4.88/SF
NOI
$15.7K $11.39/SF
Area
North Las Vegas, NV
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,320
Cap Rate 7%
$224,514
Cap Rate 9%
$174,622

Alternative Uses

Best Use
Multifamily LT 5
$224.5K
$196.5K – $261.9K (±1% cap)
NOI $15,716 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$207.5K
$181.6K – $242.1K (±1% cap)
NOI $14,524 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$373.5K
$326.8K – $435.7K (±1% cap)
NOI $26,142 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 89030, NV

56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include two bedrooms, an eat-in kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 2420 Salt Lake Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,380 square feet of property area; Each unit has 2 bedrooms and 1 bathroom; 0.11‑acre lot
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