Four-Unit Residential
For Sale
$800,000
2680 ATLANTIC St, Las Vegas, NV 89121
Four single-story and upstairs residences offer private patios or decks, garages, and washer-dryer hookups.
Property Size4,326 SF
Days on Market48
Property Features for 2680 ATLANTIC St
General Information
Standard status
Active
Size
4,326 SF
Total Parking Spaces
5
Property subtype
Multi Family
Site & Location
Neighborhood
Showboat
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,965
Building Details
Building Size
4,326 SF
Year Built
1974
Buildings
1
Stories
2
Units
4
Listing Agency:
Avalon Realty & Oaktree Management, Inc
Listed By:
Bonnie B. Barberini · License #B.0020159
(702) 274-4604
Source:
Elliman
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 28 at 9:16AM
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 Avalon Realty & Oaktree Management, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property includes a 3-bedroom, 2-bath owner’s residence with a living room fireplace, enclosed patio, and 2-car garage. The remaining units include two 2-bedroom, 2-bath residences and one 2-bedroom, 1-bath residence. Private outdoor areas include an enclosed patio and covered decks, while garages provide washer and dryer hookups. Garage capacity includes one 2-car garage and three 1-car garages.
Built in 1974, the property is located at 2680 Atlantic St in Las Vegas. Knudson Middle School is 1/3 mile away, and Valley High School is 1/2 mile away. RTC public transportation is within walking distance. The property is 10 to 15 minutes from the Strip, Boulevard Mall, and the airport. Walk Score is 51, Bike Score is 55, and Transit Score is 44.
Built in 1974, the property is located at 2680 Atlantic St in Las Vegas. Knudson Middle School is 1/3 mile away, and Valley High School is 1/2 mile away. RTC public transportation is within walking distance. The property is 10 to 15 minutes from the Strip, Boulevard Mall, and the airport. Walk Score is 51, Bike Score is 55, and Transit Score is 44.
Key Highlights
- Four‑unit property with a 3‑bedroom, 2‑bath owner’s residence
- Unit mix includes two 2‑bedroom, 2‑bath residences and one 2‑bedroom, 1‑bath residence
- One 2‑car garage and three 1‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,841
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,820
$1.1M
Cap Rate 7%
$812,014
$812.0K
Cap Rate 9%
$631,567
$631.6K
Market Conditions
NOI Build-Up for 4,326 SF
Gross rent
$85.7K $19.80/SF
− Vacancy
−$4.5K −$1.03/SF
EGI
$81.2K $18.77/SF
− OpEx
−$24.4K −$5.63/SF
NOI
$56.8K $13.14/SF
Area
ZIP 89121
Vacancy
5.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,820
Cap Rate 7%
$812,014
Cap Rate 9%
$631,567
Alternative Uses
Best Use
Multifamily LT 5
$812.0K
$710.5K – $947.4K
NOI $56,841 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$728.5K
$637.4K – $849.9K
NOI $50,993 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$1.12M
$982.3K – $1.31M
NOI $78,584 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,183
Businesses Nearby
Explore this area
Business Placement
Demographics for 89121, NV
68,692
Population
29,012
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
7,467
Density / Sq Mi
$54,667
Median Household Income
$32,776
Median Earnings
$1,306
Median Rent
$288,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four single-story and upstairs residences offer private patios or decks, garages, and washer-dryer hookups.
Where is this quadplex located?
The property is located at 2680 ATLANTIC St Las Vegas, NV.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four‑unit property with a 3‑bedroom, 2‑bath owner’s residence; Unit mix includes two 2‑bedroom, 2‑bath residences and one 2‑bedroom, 1‑bath residence; One 2‑car garage and three 1‑car garages
