Remodeled
For Sale
$649,900
702 North 10th Street, Las Vegas, NV 89101
Four residential units feature refreshed interiors, updated appliances, and on-site parking.
Property Size2,496 SF
Days on Market58
Property Features for 702 North 10th Street
General Information
Standard status
Active
Size
2,496 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Homeless Corridor
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,253
Building Details
Building Size
2,496 SF
Year Built
1957
Listing Agency:
Simply Vegas
Listed By:
Jonathan Jacobs · License #S.0067721
(702) 515-9946
Source:
Vicerealtygroup
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 26 at 11:37PM
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 Simply Vegas
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Investment Insights
Based on property information with market context.
This quadplex contains four residential units and has undergone extensive remodeling. Improvements include updated kitchens, appliances, flooring, interior paint, and the roof, while on-site parking serves the property.
Built in 1957, the property is located at 702 North 10th Street in Las Vegas, near Downtown Las Vegas. Shopping, dining, employment centers, and major roadways are accessible from the property.
Built in 1957, the property is located at 702 North 10th Street in Las Vegas, near Downtown Las Vegas. Shopping, dining, employment centers, and major roadways are accessible from the property.
Key Highlights
- Four‑unit quadplex
- Updated kitchens and appliances
- Newer flooring, interior paint, and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,729
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,580
$574.6K
Cap Rate 7%
$410,414
$410.4K
Cap Rate 9%
$319,211
$319.2K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$43.4K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$41.0K $16.44/SF
− OpEx
−$12.3K −$4.93/SF
NOI
$28.7K $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%
$574,580
Cap Rate 7%
$410,414
Cap Rate 9%
$319,211
Alternative Uses
Best Use
Multifamily LT 5
$410.4K
$359.1K – $478.8K
NOI $28,729 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$379.3K
$331.9K – $442.5K
NOI $26,549 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$862.5K
$754.7K – $1.01M
NOI $60,373 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
Explore this area
Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature refreshed interiors, updated appliances, and on-site parking.
Where is this quadplex located?
The property is located at 702 North 10th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four‑unit quadplex; Updated kitchens and appliances; Newer flooring, interior paint, and roof
