326 N 16th Street, Las Vegas, NV 89101
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Feb 20, 2026
- Days on Market:
- 122
- Last Refresh:
- Jun 22 at 1:06 am
Property Features for 326 N 16th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Window Treatments
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 139-35-212-096
- Size
- 1,920 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 991
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile - Ceramic
- Building materials
- Stucco, Wood Frame
- Roof type
- Flat
- Architectural style
- Other
Listing agent Corey C. Geib License #BS.0040383 (702) 271-5500
Listing office Century 21 Americana 6590 S Rainbow Blvd Ste# 100, Las Vegas, NV (702) 296-9999
Listing date Feb 20, 2026
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.
HighLights
- Prime Location: Less than 1 mile from the Fremont Street Experience and minutes from the Strip and freeway access.
- Well‑Maintained Triplex: Long‑term tenants with pride of ownership, indicating a stable and desirable property.
- Significant Upgrades: Newer kitchen cabinets with soft close drawers, quartz countertops, upgraded water line, water heater, sewer pump with basin, newer roof repairs, and electric panel/lines.
- No HOA: Eliminates monthly fees and provides more flexibility for property management.
- Income‑Generating: Triplex configuration with three 1‑bedroom, 1‑bath units, each 640 sq ft, providing immediate rental income.
- Potential for Expansion: Possibility to add another studio unit, increasing income potential.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.4k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $31.6k | $16.44 |
| − OpEx | −$9.5k | −$4.93 |
| NOI | $22.1k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.12573
- Latitude
- 36.167711
