Two-Unit
New
For Sale
$380,000
3509 Glendale Avenue, North Las Vegas, NV 89030
Built in 1964, the property includes a three-bedroom unit and a second residential unit.
Days on Market6
Property Features for 3509 Glendale Avenue
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,920 SF
Year Built
1964
Listing Agency:
Sphere Real Estate
(702) 272-3862
Listed By:
Sean M. Amigo · License #S.0183233
(702) 272-3862
Source:
Vicerealtygroup
Added: Jul 27
Changed: Jul 31
Last Checked: Aug 1 at 10:50AM
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 Sphere Real Estate
Investment Insights
Based on property information with market context.
This duplex includes two residential units, including one three-bedroom unit. The property was built in 1964 and is located at 3509 Glendale Avenue in North Las Vegas, Nevada 89030.
Key Highlights
- Two residential units
- Includes a 3‑bedroom unit
- Built in 1964
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 | −$2.2k | −$1.13 |
| EGI | $31.2k | $16.27 |
| − OpEx | −$9.4k | −$4.88 |
| NOI | $21.9k | $11.39 |
1,920 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.4K
$273.3K – $364.4K
NOI $21,866 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$288.7K
$252.6K – $336.8K
NOI $20,207 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$519.6K
$454.6K – $606.2K
NOI $36,371 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
889
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1964, the property includes a three-bedroom unit and a second residential unit.
Where is this duplex located?
The property is located at 3509 Glendale Avenue North Las Vegas, NV.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two residential units; Includes a 3‑bedroom unit; Built in 1964
