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Downtown Las Vegas Multifamily Property
For Sale
$799,999

300 N 14th St, Las Vegas, NV 89101

Four units in downtown Las Vegas with recent upgrades.

Property Size3,332 SF
Lot Size0.14 Acres
Days on Market314

Property Features for 300 N 14th St

General Information

Standard status Active
Size 3,332 SF
Lot size 0.14 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $836

Building Details

Building Size 3,332 SF
Year Built 1946
Stories 1
Units 4
Listing Agency: Century 21 1st Priority Realty
Listed By: Cristian Vasquez Campos · License #S.0190546
Source: Elliman
Added: Dec 3, 2025 Changed: Oct 2 Last Checked: Oct 12 at 8:55PM

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 Century 21 1st Priority Realty

Investment Insights

Based on property information with market context.

Located in downtown Las Vegas, this property features four units. There are two one-bedroom, one-bathroom residences and two two-bedroom, one-bathroom homes. Upgrades include new AC units, water heaters, windows, and a roof. The property is located in the 89101 zip code.

Key Highlights

  • Four units: two 1‑bedroom/1‑bathroom and two 2‑bedroom/1‑bathroom residences.
  • Recent premium upgrades: new AC units, water heaters, windows, and roof.
  • Located in downtown Las Vegas (89101 zip code).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,352
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,040 $767.0K
Cap Rate 7%
$547,886 $547.9K
Cap Rate 9%
$426,133 $426.1K
Market Conditions
NOI Build-Up for 3,332 SF
Gross rent
$58.0K $17.40/SF
− Vacancy
−$3.2K −$0.96/SF
EGI
$54.8K $16.44/SF
− OpEx
−$16.4K −$4.93/SF
NOI
$38.4K $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%
$767,040
Cap Rate 7%
$547,886
Cap Rate 9%
$426,133

Alternative Uses

Best Use
Multifamily LT 5
$547.9K
$479.4K – $639.2K (±1% cap)
NOI $38,352 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$506.3K
$443.0K – $590.7K (±1% cap)
NOI $35,441 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,594 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,334
Businesses Nearby

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four units in downtown Las Vegas with recent upgrades.
Where is this quadplex located?
The property is located at 300 N 14th St Las Vegas, NV.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Four units: two 1‑bedroom/1‑bathroom and two 2‑bedroom/1‑bathroom residences.; Recent premium upgrades: new AC units, water heaters, windows, and roof.; Located in downtown Las Vegas (89101 zip code).
More about this property
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