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Duplex with Studio Unit
For Sale
$240,000

612 W McWilliams Avenue, Las Vegas, NV 89106

Residential, Las Vegas, NV

Property Size1,704 SF
Lot Size0.15 Acres
Price / SF$140.85
Days on Market107

Property Features for 612 W McWilliams Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Window features Blinds
Interior features Window Treatments
Appliances Electric Water Heater, Oven, Range, Water Heater
Subdivision Las Vegas Orig Townsite 2nd Amd
Elementary school ,
Directions From Bonanza and H Street, North on H Street to 612 McWilliams
Standard status Active
APN 139-27-310-100
Size 1,704 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 690

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile - Ceramic
Building materials Stucco, Wood Siding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Realty ONE Group, Inc
Listed By: Kimbly Bolden · License #S.0177883
Added: Jul 2 Changed: Oct 13 Last Checked: Oct 16 at 9:06AM
MLS# 2793710

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.

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Investment Insights

Based on property information with market context.

This Las Vegas duplex contains two separate residences totaling 1,704 square feet: a 3-bedroom/1-bath unit measuring 1,248 square feet and a studio/1-bath unit with 456 square feet. Built in 1951, the property sits on a 0.15-acre lot and includes ceramic tile and carpet flooring, window treatments, central air conditioning, and central electric heat. The kitchens are equipped with an oven, range, and electric water heater.

Located at 612 W McWilliams Avenue, the property is approximately 5 minutes from Downtown Las Vegas and the Las Vegas Strip. Public water and public sewer serve the site. Exterior materials include stucco and wood siding, with a shingle and composition roof.

Key Highlights

  • Two‑unit duplex totaling 1,704 square feet
  • 3‑bedroom/1‑bath residence with 1,248 sq ft
  • Studio/1‑bath residence with 456 sq ft

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,613
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,260 $392.3K
Cap Rate 7%
$280,186 $280.2K
Cap Rate 9%
$217,922 $217.9K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$29.6K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$28.0K $16.44/SF
− OpEx
−$8.4K −$4.93/SF
NOI
$19.6K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,260
Cap Rate 7%
$280,186
Cap Rate 9%
$217,922

Alternative Uses

Best Use
Multifamily LT 5
$280.2K
$245.2K – $326.9K (±1% cap)
NOI $19,613 @ 7.0% cap · market cap 8.17%
Second Best
Apartment 5plus
$258.9K
$226.6K – $302.1K (±1% cap)
NOI $18,125 @ 7.0% cap · market cap 7.55%
Theoretical Best
Specialty Retail
$588.8K
$515.2K – $686.9K (±1% cap)
NOI $41,216 @ 7.0% cap · market cap 17.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Daycare Center Computer & Electronic Repair Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 89106, NV

27,695
Population
10,906
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
5,430
Density / Sq Mi
$38,848
Median Household Income
$31,265
Median Earnings
$1,169
Median Rent
$263,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences include a three-bedroom unit and a studio, each with one bathroom.
Where is this duplex located?
The property is located at 612 W McWilliams Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,704 square feet; 3‑bedroom/1‑bath residence with 1,248 sq ft; Studio/1‑bath residence with 456 sq ft
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