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    126 1/2 St Hawthorne, NV 89415

    For Sale
    $389,500

    Three-unit apartment building, great income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a three-unit apartment building ideally situated in Hawthorne, Nevada, at 126 & 126 1/2 E Street, zip code 89415. The property consists of three homes situated on two parcels (APN 001-325-14; 001-325-13), totaling 0.13 acres of land. The building, constructed in 1963, is a single-story structure with permitted C-1 zoning. The units comprise a three-bedroom, two-bathroom unit; a two-bedroom, one-bathroom unit; and a one-bedroom, one-bathroom unit. All units are currently rented and have been well-maintained, featuring recent upgrades including newer flooring, paint, windows, and roof. The property benefits from its convenient location at the west end of town, providing easy access to shopping and various services. This is a must-see opportunity for investors seeking a stable, income-generating property in a desirable location. The asking price for this turnkey investment is $389,500. Note that the properties must be sold together. One parcel (001-325-13) contains one home and sits on a larger portion of the land.

    Property Features for 126 1/2 St

    General Information

    Property type
    Multifamily properties
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1963
    Stories
    1
    Units
    3

    HighLights

    • $389,500 asking price for a three‑unit apartment building.
    • Multifamily property with three units.
    • Built in 1963, one story.
    • Located at 126 & 126 1/2 E Street, Walker Lake, NV 89415.
    • 0.13‑acre lot; APN 001‑325‑14; 001‑325‑13; C‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hawthorne
    County
    Mineral
    State
    Nevada
    Longitude
    -118.6245987
    Latitude
    38.5197554

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit apartment building, great income.
    Where is this multifamily property located?
    The property is located at 126 1/2 St Hawthorne, NV.
    What is the asking price?
    The asking price for this property is $389,500.
    What are key features of this property?
    This property features: $389,500 asking price for a three-unit apartment building.; Multifamily property with three units.; Built in 1963, one story.
    Request Owner's contact information
    126 1/2 St Hawthorne, NV 89415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 1/2 St Hawthorne, NV 89415
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