Five-Unit Apartment
270 Tungsten Street, Henderson, NV 89015
For Sale
$750,000
Residential, Henderson, NV
Property Size3,170 SF
Lot Size0.23 Acres
Price / SF$236.59
Days on Market94
Property Features for 270 Tungsten Street
General Information
Property type
Property subtype
Property condition
Window features
Interior features
Exterior 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
fully fenced
designated on-site parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Executive Realty Services
(702) 278-8871
Listed By:
Justin Bezanski · License NV S.0184531
(702) 885-3013
Added: Aug 12
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 2808539
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
Based on property information with market context.
This fully leased apartment property contains 5 units across 2 separate single-story buildings on a 0.23-acre parcel. The buildings total 3,170 square feet and include tile flooring, central heating, central air conditioning, ceiling fans, window treatments, and standard kitchen appliances. Stucco construction, flat roofing, a private yard, and full fencing define the physical improvements and site layout.
Located at 270 Tungsten Street in Henderson, the property is near Downtown Henderson, schools, shopping, restaurants, entertainment, and major freeway access. Public water and public sewer serve the property. Designated on-site parking is supplemented by open street parking, providing additional parking availability for residents and visitors.
Located at 270 Tungsten Street in Henderson, the property is near Downtown Henderson, schools, shopping, restaurants, entertainment, and major freeway access. Public water and public sewer serve the property. Designated on-site parking is supplemented by open street parking, providing additional parking availability for residents and visitors.
Key Highlights
- 5‑unit multifamily property with 2 separate buildings
- 3,170 square feet on a 0.23‑acre parcel
- Fully leased apartment property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,718
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,360
$674.4K
Cap Rate 7%
$481,686
$481.7K
Cap Rate 9%
$374,644
$374.6K
Market Conditions
NOI Build-Up for 3,170 SF
Gross rent
$64.7K $20.40/SF
− Vacancy
−$3.4K −$1.06/SF
EGI
$61.3K $19.34/SF
− OpEx
−$27.6K −$8.70/SF
NOI
$33.7K $10.64/SF
Area
ZIP 89015
Vacancy
5.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,360
Cap Rate 7%
$481,686
Cap Rate 9%
$374,644
Alternative Uses
Best Use
Apartment 5plus
$481.7K
$421.5K – $562.0K
NOI $33,718 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$971.7K – $1.30M
NOI $77,733 @ 7.0% cap · market cap 10.36%
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
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 89015, NV
41,203
Population
16,812
Households
2.5
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
37.3 sq mi
ZIP Area
1,105
Density / Sq Mi
$71,300
Median Household Income
$41,509
Median Earnings
$1,324
Median Rent
$373,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Fully leased multifamily property with two single-story buildings, fenced grounds, and designated resident parking.
Where is this apartment building located?
The property is located at 270 Tungsten Street Henderson, NV.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5‑unit multifamily property with 2 separate buildings; 3,170 square feet on a 0.23‑acre parcel; Fully leased apartment property
