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    Las Vegas Fourplex Near Downtown

    2612 E Mesquite Avenue Las Vegas, NV 89101

    Claim this Listing
    For Sale
    $565,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    2,870 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $196.86/SF
    Added:
    Jan 22, 2026
    Days on Market:
    173
    Last Refresh:
    Jul 14 at 7:06 am

    Property Features for 2612 E Mesquite Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Alley
    Window features
    Blinds
    Interior features
    Ceiling Fan(s), Window Treatments
    Appliances
    Oven, Range, Refrigerator
    Standard status
    Active
    APN
    139-36-114-011
    Size
    2,870 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3924

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Roof type
    Shingle, Composition
    Architectural style
    Other

    Listing agent Richard F. Bustos License #S.0029600

    Listing office Vegas One Realty 8871 W Flamingo Rd Ste 101, Las Vegas, NV

    Listing date Jan 22, 2026

    MLS# 2750166 Listing URL

    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 fourplex in Las Vegas features three two-bedroom, one-bath units and one one-bedroom, one-bath unit. The property is located close to the freeway, downtown shopping, and schools. It offers both alley and street parking. The units are one level. The property size is 2870 square feet and the lot size is 0.14 acres.

    Key Highlights

    • Fourplex featuring a mix of unit sizes with three 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.
    • Convenient location close to freeway, downtown shopping, and schools.
    • Both alley and street parking available.

    Local Financial Insights For Multifamily LT 5

    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 $49.9k $17.40
    − Vacancy −$2.7k −$0.96
    EGI $47.2k $16.44
    − OpEx −$14.2k −$4.93
    NOI $33.0k $11.51
    2,870 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $471.9K
    $412.9K – $550.6K (±1% cap)
    NOI $33,034 @ 7.0% cap · market cap 5.85%
    Second Best
    Apartment 5plus
    $436.1K
    $381.6K – $508.8K (±1% cap)
    NOI $30,527 @ 7.0% cap · market cap 5.40%
    Theoretical Best
    Specialty Retail
    $991.7K
    $867.7K – $1.16M (±1% cap)
    NOI $69,419 @ 7.0% cap · market cap 12.29%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Gym & Fitness Center Skin Care Clinic Parking Lot & Garage Garden Center Pharmacy Wine and Liquor Store Daycare Center Nursing Home Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Fourplex with convenient access to freeway, downtown, shopping, and schools.
    Where is this quadplex located?
    The property is located at 2612 E Mesquite Avenue Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Fourplex featuring a mix of unit sizes with three 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.; Convenient location close to freeway, downtown shopping, and schools.; Both alley and street parking available.
    Contact an agent
    (702) 496-1408
    We can help!
    Contact an agent
    Richard F. Bustos
    Real Estate License ID: S.0029600
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