Single-Level Quadplex With Mixed Unit
For Sale
$555,000
2612 E Mesquite Avenue, Las Vegas, NV 89101
Residential, Las Vegas, NV
Property Size2,870 SF
Lot Size0.14 Acres
Price / SF$193.38
Days on Market264
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
Subdivision
Artesian Acres
Elementary school
,
Directions
I-95 AND EASTERN NORTH ON EASTERN TO MESQUITE EAST TO PROPERTY ON THE RIGHT HAND SIDE
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 Agency:
Vegas One Realty
(702) 768-1115
Listed By:
Richard F. Bustos · License #S.0029600
(702) 496-1408
Added: Jan 22
Changed: Oct 9
Last Checked: Oct 13 at 11:06AM
MLS# 2750166
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 2,870-square-foot quadplex contains four single-level units: three two-bedroom, one-bath residences and one one-bedroom, one-bath residence. Built in 1963, the property features stucco construction, composition shingle roofing, carpet and tile flooring, ceiling fans, and window treatments. Each unit is equipped for everyday residential use with an oven, range, and refrigerator. Central air conditioning and natural-gas central heating serve the property.
The 0.14-acre parcel provides both alley and street parking. Public water and public sewer serve the site. The property is positioned near freeway access, downtown Las Vegas, shopping, and schools, adding convenience for residents. The address is within ZIP Code 89101 in Clark County.
The 0.14-acre parcel provides both alley and street parking. Public water and public sewer serve the site. The property is positioned near freeway access, downtown Las Vegas, shopping, and schools, adding convenience for residents. The address is within ZIP Code 89101 in Clark County.
Key Highlights
- 2,870‑square‑foot quadplex on a 0.14‑acre parcel
- Three 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
- Four single‑level residences built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,034
Cap Rate
5.95%
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 5.95%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,527 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$991.7K
$867.7K – $1.16M
NOI $69,419 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
949
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - The property offers central air, natural-gas heat, and public water and sewer service.
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 $555,000.
What are key features of this property?
This property features: 2,870‑square‑foot quadplex on a 0.14‑acre parcel; Three 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit; Four single‑level residences built in 1963
