Triplex with On-Site
For Sale
$525,000
3117 E Carey Avenue, North Las Vegas, NV 89030
Residential, North Las Vegas, NV
Property Size2,420 SF
Lot Size0.11 Acres
Price / SF$216.94
Days on Market51
Property Features for 3117 E Carey Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking
4
Parking features
Assigned
Interior features
Storage
Subdivision
East Vegas Tr
Elementary school
,
Directions
N on I-15, Exit 45A for Lake Mead Blvd E. L on Las Vegas Blvd, take the traffic circle to head E on Carey Ave. Property is on the right.
Standard status
Active
APN
139-24-510-110
Size
2,420 SF
Lot size
0.11 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Annual Amount
1302
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
central heating and cooling
assigned paved parking
on-site laundry facilities
Building Details
Year built
1981
Floors in Building
2
Number of units
1
Flooring type
Tile - Ceramic, Tile
Building materials
Stucco
Roof type
Composition, Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Maria C. Castro-DeWitt · License #S.0199794
(725) 252-7182
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 31 at 12:06AM
MLS# 2818166
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.
Built in 1981, this triplex contains 2,420 square feet on a 0.11-acre parcel. The building has a stucco exterior, tile flooring, central electric heating and central air conditioning, plus storage. On-site laundry and assigned paved parking serve the property, and each unit has a separate electric meter.
The property is at 3117 E Carey Avenue in North Las Vegas. Schools, shopping centers, and public transit are identified as nearby. Public water and sewer serve the site.
The property is at 3117 E Carey Avenue in North Las Vegas. Schools, shopping centers, and public transit are identified as nearby. Public water and sewer serve the site.
Key Highlights
- 2,420 square feet of building area on a 0.11‑acre parcel
- Three‑unit property with on‑site laundry
- Separate electric meters for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,560
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,200
$551.2K
Cap Rate 7%
$393,714
$393.7K
Cap Rate 9%
$306,222
$306.2K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$42.1K $17.40/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$39.4K $16.27/SF
− OpEx
−$11.8K −$4.88/SF
NOI
$27.6K $11.39/SF
Area
North Las Vegas, NV
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,200
Cap Rate 7%
$393,714
Cap Rate 9%
$306,222
Alternative Uses
Best Use
Multifamily LT 5
$393.7K
$344.5K – $459.3K
NOI $27,560 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$363.8K
$318.4K – $424.5K
NOI $25,469 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$654.9K
$573.0K – $764.1K
NOI $45,843 @ 7.0% cap · market cap 8.73%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 89030, NV
56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Separate electric meters, central climate control, and tile flooring are among the property's established features.
Where is this triplex located?
The property is located at 3117 E Carey Avenue North Las Vegas, NV.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,420 square feet of building area on a 0.11‑acre parcel; Three‑unit property with on‑site laundry; Separate electric meters for the units
