Five-Unit Apartment
For Sale
$785,000
2536 Carroll Street, North Las Vegas, NV 89030
MULTI_FAMILY - Other - North Las Vegas, NV
Property Size3,088 SF
Lot Size0.18 Acres
Price / SF$254.21
Days on Market48
Property Features for 2536 Carroll Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Window Treatments
Appliances
Refrigerator
Subdivision
Arrowhead Acres Tr
Elementary school
,
Directions
From Las Vegas Blvd & Lake Mead go S on Las Vegas Blvd. Left on Carroll St
Standard status
Active
APN
139-13-410-014
Size
3,088 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
1235
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Central, Electric (Heating)
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
on-site laundry room
Building Details
Year built
1954
Floors in Building
1
Number of units
4
Flooring type
Tile, Tile - Ceramic
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
Rothwell Gornt Companies
(702) 932-8813
Listed By:
Richard Crighton · License #B.0046791
(702) 768-5755
Added: Jun 18
Changed: Aug 1
Last Checked: Aug 4 at 4:06AM
MLS# 2792859
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 five-unit apartment building is situated on a 0.18-acre lot and was built in 1954. The property totals 3,088 square feet and is constructed with wood frame materials. Interior features include window treatments. Flooring includes tile and ceramic tile. Heating is provided by wall furnace, central, and electric heating, with cooling via central air and window unit(s). Plumbing, electrical, and additional systems updates are reflected in recent unit improvements.
The tenant mix includes one 3 bed/2 bath unit, one 2 bed/1 bath unit, and three 1 bed/1 bath units. The 3 bed/2 bath and 2 bed/1 bath units have new kitchens, new roofs, new baths, new HVAC’s, new plumbing, new electrical, and new cabinets and flooring. The three 1 bed/1 bath units have new flooring and kitchens, and the property also offers a separate on-site laundry room. Public water and public sewer service are available. The property is listed with a 7.0% cap rate.
The tenant mix includes one 3 bed/2 bath unit, one 2 bed/1 bath unit, and three 1 bed/1 bath units. The 3 bed/2 bath and 2 bed/1 bath units have new kitchens, new roofs, new baths, new HVAC’s, new plumbing, new electrical, and new cabinets and flooring. The three 1 bed/1 bath units have new flooring and kitchens, and the property also offers a separate on-site laundry room. Public water and public sewer service are available. The property is listed with a 7.0% cap rate.
Key Highlights
- Five total units with one 3 bed/2 bath, one 2 bed/1 bath, and three 1 bed/1 bath units
- 0.18‑acre lot with 3,088 square feet
- Separate on‑site laundry room
Financial Insights For Apartment 5plus
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 | $63.0k | $20.40 |
| − Vacancy | −$3.9k | −$1.26 |
| EGI | $59.1k | $19.14 |
| − OpEx | −$26.6k | −$8.61 |
| NOI | $32.5k | $10.52 |
3,088 SF · lease $20.40/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$464.3K
$406.2K – $541.7K
NOI $32,499 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.7K
$731.2K – $975.0K
NOI $58,497 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building with a separate on-site laundry room and major recent unit upgrades in multiple units.
Where is this apartment building located?
The property is located at 2536 Carroll Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Five total units with one 3 bed/2 bath, one 2 bed/1 bath, and three 1 bed/1 bath units; 0.18‑acre lot with 3,088 square feet; Separate on‑site laundry room
