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Duplex With RV-Height Carports

2532 Arrowhead Street, North Las Vegas, NV 89030

For Sale
$334,000

Each residence has its own entrance, covered parking, and fenced outdoor area.

Property Size928 SF
Price / SF$359.91
Days on Market33

Property Features for 2532 Arrowhead Street

General Information

Standard status Active
Size 928 SF
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

private entrances
covered parking
fenced outdoor spaces
custom stonework
RV-height carports

Building Details

Building Size 928 SF
Year Built 1962
Listing Agency: United Realty Group
Listed By: Julio C. Carrillo · License #S.0182425
Source: Marionrealestateservices
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 7 at 7:53PM

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 United Realty Group

Rey
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Investment Insights

Based on property information with market context.

This 1962 duplex in North Las Vegas comprises two residences, each with a separate entrance, covered parking, and its own fenced outdoor space. Custom stonework adds an exterior feature, and the property includes two permitted carports sized for RV-height vehicles, constructed in 2012. The roof is approximately 6 years old, and there is no HOA.

Las Vegas Boulevard, shopping, schools, everyday amenities, and major freeway access are nearby. The two-unit configuration and separate outdoor areas provide distinct spaces for each residence.

Key Highlights

  • Two permitted RV‑height carports built in 2012
  • Separate entrance, covered parking, and fenced outdoor space for each unit
  • Roof approximately 6 years old

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,568
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,360 $211.4K
Cap Rate 7%
$150,971 $151.0K
Cap Rate 9%
$117,422 $117.4K
Market Conditions
NOI Build-Up for 928 SF
Gross rent
$16.1K $17.40/SF
− Vacancy
−$1.0K −$1.13/SF
EGI
$15.1K $16.27/SF
− OpEx
−$4.5K −$4.88/SF
NOI
$10.6K $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%
$211,360
Cap Rate 7%
$150,971
Cap Rate 9%
$117,422

Alternative Uses

Best Use
Multifamily LT 5
$151.0K
$132.1K – $176.1K (±1% cap)
NOI $10,568 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$139.5K
$122.1K – $162.8K (±1% cap)
NOI $9,767 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$251.1K
$219.7K – $293.0K (±1% cap)
NOI $17,579 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

676
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

Market

Average Price Trend$/SF for Duplexes in North Las Vegas, NV

$239 Jul
$233 Aug
$225 Sep
$239 Oct

Properties on Market for Duplexes in North Las Vegas

Jul
Aug
Sep
Oct

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 - Each residence has its own entrance, covered parking, and fenced outdoor area.
Where is this duplex located?
The property is located at 2532 Arrowhead Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Two permitted RV‑height carports built in 2012; Separate entrance, covered parking, and fenced outdoor space for each unit; Roof approximately 6 years old
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