Value-Add Apartment
For Sale
Contact for pricing
Pending
5256 E Tropicana Ave, Las Vegas, NV 89122
Tropicana Valley Apartments offers four single-story buildings with all two-bedroom units and private patios.
Property SizeContact for details
Lot Size3.26 Acres
Days on Market338
Property Features for 5256 E Tropicana Ave
General Information
Standard status
Pending
Lot size
3.26 Acres
Property subtype
Multifamily
Zoning
R-4
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
refrigerator
microwaves
ovens
private patio
BBQs
picnic tables
Building Details
Year Built
1962
Buildings
4
Stories
1
Units
48
Listing Agency:
Northcap Commercial
Listed By:
Jerad Roberts · License #NV 144595
Source:
Crexi
Added: Oct 3, 2025
Changed: Aug 7
Last Checked: Jul 28 at 7:01AM
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 Northcap Commercial
Investment Insights
Based on property information with market context.
Tropicana Valley Apartments is a residential income property featuring four single-story buildings. The community consists entirely of two-bedroom apartment homes, each averaging 830 SF. Units include full kitchens with a refrigerator, microwave, and oven, along with private patio space. Residents also have access to community amenities including BBQs and picnic tables.
The property is located on the east side of Las Vegas on 3.26 acres. It provides easy access to I-95 and Boulder Highway, a major arterial route for reaching multiple sectors of the city within minutes.
As a value-add opportunity, the offering centers on the community’s all–two-bedroom configuration and shared outdoor amenities, with the site supporting a compact, single-story apartment layout.
The property is located on the east side of Las Vegas on 3.26 acres. It provides easy access to I-95 and Boulder Highway, a major arterial route for reaching multiple sectors of the city within minutes.
As a value-add opportunity, the offering centers on the community’s all–two-bedroom configuration and shared outdoor amenities, with the site supporting a compact, single-story apartment layout.
Key Highlights
- Tropicana Valley Apartments includes 4 single‑story buildings with all 2‑bedroom apartment homes
- Average unit size is 830 SF, all with full kitchens including a refrigerator, microwave, and oven
- Each unit features a private patio
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Explore this area
Business Placement
Demographics for 89122, NV
55,522
Population
22,033
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
82%
High-School Grad
9.5 sq mi
ZIP Area
5,844
Density / Sq Mi
$60,357
Median Household Income
$35,095
Median Earnings
$1,379
Median Rent
$285,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Tropicana Valley Apartments offers four single-story buildings with all two-bedroom units and private patios.
Where is this apartment building located?
The property is located at 5256 E Tropicana Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $6,699,000.
What are key features of this property?
This property features: Tropicana Valley Apartments includes 4 single‑story buildings with all 2‑bedroom apartment homes; Average unit size is 830 SF, all with full kitchens including a refrigerator, microwave, and oven; Each unit features a private patio
