5-Unit Apartment Building with
2536 Carroll Street, North Las Vegas, NV 89030
For Sale
$749,900
Residential, North Las Vegas, NV
Property Size3,088 SF
Lot Size0.18 Acres
Price / SF$242.84
Days on Market143
Property Features for 2536 Carroll Street
General Information
Property type
Property subtype
Window features
Interior features
Appliances
Subdivision
Elementary school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
on-site laundry room
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Architectural style
Listing Agency:
Rothwell Gornt Companies
(702) 932-8813
Listed By:
Richard Crighton · License #B.0046791
(702) 768-5755
Added: Jun 18
Changed: Oct 24
Last Checked: Nov 7 at 8:06AM
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.
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Investment Insights
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This 5-unit apartment property contains 3,088 square feet on a 0.18-acre site. The unit mix includes one 3-bedroom, 2-bath residence, one 2-bedroom, 1-bath residence, and three 1-bedroom, 1-bath residences. New flooring and kitchen improvements are noted across the units, with ceramic tile also present. A separate on-site laundry room adds a dedicated resident amenity.
Built in 1954, the property uses wood-frame construction and is served by public water and public sewer. Heating includes electric systems, wall furnaces, and central equipment, while cooling is provided through central air and window units. The property is located at 2536 Carroll Street in North Las Vegas, Nevada, within Clark County. A 7.0% cap rate is reported for the asset.
Built in 1954, the property uses wood-frame construction and is served by public water and public sewer. Heating includes electric systems, wall furnaces, and central equipment, while cooling is provided through central air and window units. The property is located at 2536 Carroll Street in North Las Vegas, Nevada, within Clark County. A 7.0% cap rate is reported for the asset.
Key Highlights
- 5 total units with a mix of one 3‑bedroom, one 2‑bedroom, and three 1‑bedroom residences
- 3,088 square feet on a 0.18‑acre parcel
- Separate on‑site laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,499
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,980
$650.0K
Cap Rate 7%
$464,271
$464.3K
Cap Rate 9%
$361,100
$361.1K
Market Conditions
NOI Build-Up for 3,088 SF
Gross rent
$63.0K $20.40/SF
− Vacancy
−$3.9K −$1.26/SF
EGI
$59.1K $19.14/SF
− OpEx
−$26.6K −$8.61/SF
NOI
$32.5K $10.52/SF
Area
North Las Vegas, NV
Vacancy
6.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,980
Cap Rate 7%
$464,271
Cap Rate 9%
$361,100
Alternative Uses
Best Use
Apartment 5plus
$464.3K
$406.2K – $541.7K
NOI $32,499 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.7K
$731.2K – $975.0K
NOI $58,497 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
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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
$237,300
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Clark County, NV
Properties on Market for Apartment buildings in Clark County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit property with renovated kitchens, updated flooring, and a separate laundry room serving the residents.
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 $749,900.
What are key features of this property?
This property features: 5 total units with a mix of one 3‑bedroom, one 2‑bedroom, and three 1‑bedroom residences; 3,088 square feet on a 0.18‑acre parcel; Separate on‑site laundry room
