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339 N 10th Street, Las Vegas, NV, 89101
Updated Downtown Duplex

339 N 10th Street Las Vegas, NV 89101

For Sale
$399,000

Two-unit duplex with remodeled interiors, including new flooring, upgraded kitchens, and tiled walk-in showers.

Property Size1,200 SF
Price / SF$332.50
Days on Market176

Property Features for 339 N 10th Street

General Information

Standard status
Active
Size
1,200 SF
Property subtype
Duplex

Building Details

Year Built
1946
Listing Agency:
Listed By: Faranesh Real Estate
Source: Xome
Added: Jan 29 Changed: Jul 21 Last Checked: Jul 23 at 3:27AM

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 Faranesh Real Estate


Investment Insights

Based on property information with market context.

Beautifully updated downtown Las Vegas duplex featuring two units. Each unit offers brand new flooring, an upgraded kitchen with recessed lighting and a garden window, and a remodeled bathroom with a tiled walk-in shower and modern vanity. Bright, open living areas with ceiling fans provide comfortable, inviting indoor space.

The property is located just minutes from restaurants, nightlife, shopping, and public transit in downtown Las Vegas.

This turnkey duplex is well-suited for both investors and owner-occupants seeking a move-in-ready residential income property.

Key Highlights

  • Downtown Las Vegas two‑unit duplex with remodeled interiors in both units
  • Brand new flooring throughout each unit
  • Upgraded kitchens in each unit with recessed lighting and a garden window

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 $20.9k $17.40
− Vacancy −$1.1k −$0.96
EGI $19.7k $16.44
− OpEx −$5.9k −$4.93
NOI $13.8k $11.51
1,200 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$197.3K
$172.7K – $230.2K (±1% cap)
NOI $13,812 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$182.3K
$159.6K – $212.7K (±1% cap)
NOI $12,764 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$414.7K
$362.8K – $483.8K (±1% cap)
NOI $29,026 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Locksmith Buffet Adult Day Care Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with remodeled interiors, including new flooring, upgraded kitchens, and tiled walk-in showers.
Where is this duplex located?
The property is located at 339 N 10th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Downtown Las Vegas two‑unit duplex with remodeled interiors in both units; Brand new flooring throughout each unit; Upgraded kitchens in each unit with recessed lighting and a garden window
More about this property
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