Four-Unit Brick
For Sale
$625,000
2513 Cedar Avenue, Las Vegas, NV 89101
Residential, Las Vegas, NV
Property Size2,870 SF
Lot Size0.15 Acres
Price / SF$217.77
Days on Market50
Property Features for 2513 Cedar Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Window Treatments
Appliances
Oven, Range, Refrigerator
Subdivision
Artesian Acres
Elementary school
,
Directions
Follow NV-582 N and I-515 N/US-93 N/US-95 N to N Eastern Ave in Las Vegas. Take exit 73 from I-515 N/US-93 N/US-95 N Continue on N Eastern Ave. Drive to E Cedar Ave
Standard status
Active
APN
139-36-114-019
Size
2,870 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
1522
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
4
Flooring type
Carpet, Tile, Tile - Ceramic
Building materials
Brick
Roof type
Shingle, Composition
Architectural style
Other
Buildings
1
Listing Agency:
Robinson Realty & Management
(702) 435-7355
Listed By:
Saghi Yazdani-Robinson · License #B.1003357
(702) 496-6921
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 10:06AM
MLS# 2817169
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.
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Investment Insights
Based on property information with market context.
Built in 1962, this 2,870-square-foot quadplex contains four residential units and is currently occupied by tenants. The property features brick construction, ceramic tile and carpet flooring, window treatments, and central heating and air conditioning. Kitchens include ovens, ranges, and refrigerators.
The property sits on a 0.15-acre lot at 2513 Cedar Avenue in Las Vegas, Nevada 89101. Public water and sewer serve the property, which is covered by a composition shingle roof.
The property sits on a 0.15-acre lot at 2513 Cedar Avenue in Las Vegas, Nevada 89101. Public water and sewer serve the property, which is covered by a composition shingle roof.
Key Highlights
- Four residential units, all currently occupied by tenants
- 2,870 square feet on a 0.15‑acre lot
- Brick construction dating to 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,034
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,680
$660.7K
Cap Rate 7%
$471,914
$471.9K
Cap Rate 9%
$367,044
$367.0K
Market Conditions
NOI Build-Up for 2,870 SF
Gross rent
$49.9K $17.40/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$47.2K $16.44/SF
− OpEx
−$14.2K −$4.93/SF
NOI
$33.0K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,680
Cap Rate 7%
$471,914
Cap Rate 9%
$367,044
Alternative Uses
Best Use
Multifamily LT 5
$471.9K
$412.9K – $550.6K
NOI $33,034 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,527 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$991.7K
$867.7K – $1.16M
NOI $69,419 @ 7.0% cap · market cap 11.11%
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
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Occupied four-unit property with ceramic tile, carpeting, central HVAC, and in-unit kitchen appliances.
Where is this quadplex located?
The property is located at 2513 Cedar Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four residential units, all currently occupied by tenants; 2,870 square feet on a 0.15‑acre lot; Brick construction dating to 1962
