Well-Maintained 4-Plex Community
For Sale
$529,998
2754 Aarondavid Drive, Las Vegas, NV 89121
Each unit offers two bedrooms and one full bathroom with in-unit washer and dryer, plus access to a community pool.
Property Size3,112 SF
Days on Market211
Property Features for 2754 Aarondavid Drive
General Information
Standard status
Active
Size
3,112 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,489
Amenities
fireplace
in-unit washer and dryer
gated community
community pool
Building Details
Building Size
3,112 SF
Year Built
1984
Tenancy
Multi
Listing Agency:
LIFE Realty District
Listed By:
Sean Evenden · License #B.0036480
(702) 524-3180
Source:
Vicerealtygroup
Added: Apr 1
Changed: Oct 27
Last Checked: Oct 28 at 1:57PM
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 LIFE Realty District
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Investment Insights
Based on property information with market context.
This well-maintained fourplex features four spacious units, each configured with two bedrooms and one full bathroom. Inside each unit, residents will find a living room with a fireplace and an in-unit washer and dryer for added day-to-day convenience. The property is described as being positioned within a gated community.
Residents also have access to a community pool. Walkability is described as low, with the property characterized as car-dependent, while bikeability and transit scores indicate some practical alternatives for getting around.
With consistent layouts across all four units and on-site community amenities, the property presents a straightforward multifamily option for continued rental use in a Las Vegas setting.
Residents also have access to a community pool. Walkability is described as low, with the property characterized as car-dependent, while bikeability and transit scores indicate some practical alternatives for getting around.
With consistent layouts across all four units and on-site community amenities, the property presents a straightforward multifamily option for continued rental use in a Las Vegas setting.
Key Highlights
- 4‑plex built in 1984 in Las Vegas
- Each unit has 2 bedrooms and 1 full bathroom with in‑unit washer and dryer
- Units include a living room with a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,889
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,780
$817.8K
Cap Rate 7%
$584,129
$584.1K
Cap Rate 9%
$454,322
$454.3K
Market Conditions
NOI Build-Up for 3,112 SF
Gross rent
$61.6K $19.80/SF
− Vacancy
−$3.2K −$1.03/SF
EGI
$58.4K $18.77/SF
− OpEx
−$17.5K −$5.63/SF
NOI
$40.9K $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%
$817,780
Cap Rate 7%
$584,129
Cap Rate 9%
$454,322
Alternative Uses
Best Use
Multifamily LT 5
$584.1K
$511.1K – $681.5K
NOI $40,889 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$524.0K
$458.5K – $611.4K
NOI $36,683 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$807.6K
$706.6K – $942.2K
NOI $56,531 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each unit offers two bedrooms and one full bathroom with in-unit washer and dryer, plus access to a community pool.
Where is this quadplex located?
The property is located at 2754 Aarondavid Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $529,998.
What are key features of this property?
This property features: 4‑plex built in 1984 in Las Vegas; Each unit has 2 bedrooms and 1 full bathroom with in‑unit washer and dryer; Units include a living room with a fireplace
