3302 Thomas Avenue, North Las Vegas, NV 89030
MULTI_FAMILY - Other - North Las Vegas, NV
- Added:
- May 18, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 7 at 2:06 am
Property Features for 3302 Thomas Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Patio and Porch features
- Patio
- Exterior features
- Private Yard
- Appliances
- Dryer, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 139-24-610-234
- Size
- 1,760 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 733
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Concrete, Carpet
- Building materials
- Stucco, Wood Frame
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Robert A. Fracassi License #S.0013170 (702) 379-5922
Listing office Simply Vegas 1780 Horizon Ridge Pkwy #100, Henderson, NV (702) 568-6800
Listing date May 18, 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
- Corner lot duplex with two 2‑bedroom, 1‑bath units
- Each unit has a private front yard plus dedicated driveway and off‑street parking
- Private backyard included for each unit
- Plumbing supply lines replaced with PEX within the past 5 years
- Central heating and central A/C; electric (heating) with central air
- Stucco and wood frame construction; 1962 build with composition shingle roof
Overview
Located in North Las Vegas, the duplex sits a short drive from the Lake Mead Blvd. business corridor. The listing notes convenient access to public transit, medical facilities, schools, shopping, banking, gaming, and grocery options.
The layout is well suited to an owner-occupant seeking rental income alongside a separate unit, or to an investor looking for a duplex configuration with independent outdoor space. With parking provided for each unit and relatively recent plumbing updates, it offers practical day-to-day functionality for long-term tenancy.
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 | $30.6k | $17.40 |
| − Vacancy | −$2.0k | −$1.13 |
| EGI | $28.6k | $16.27 |
| − OpEx | −$8.6k | −$4.88 |
| NOI | $20.0k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.103782
- Latitude
- 36.196972
