718 W Wilson Avenue, Las Vegas, NV 89106 – 2616436

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Gianna Silvaggio

Simply Vegas

gsellslv@gmail.com +1(702) 236-2664

$ 585,000

Est. payment | -/mo

2,288 SqFt

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$ 585,000

Est. payment | -/mo

Save Virtual Tour

2,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $255

Subdivision Las Vegas Orig Townsite 2Nd Amd

MLS Listing ID 2616436

Style Fourplex

Construction Status RESALE

HOA Y/N No

Originating Board GLVAR

Rental Info 12 Months

Year Built 1963

Annual Tax Amount $918

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Property Description

Unlock Financial Freedom with This House Hack Opportunity! Step into real estate investing with this well-maintained, garden-style fourplex at 718 W Wilson Ave generates $4,346 in rental income, producing a 7.7% CAP rate. With just 5% down using an owner-occupant loan, you can achieve an incredible 31% cash-on-cash return while your tenants cover your mortgage. The property pays for itself, builds appreciation, and lets you live rent-free! Located in the Historic Westside—part of the Vision 2045 Downtown Las Vegas Master Plan and an Opportunity Zone—it features new windows, a water heater, central AC, and a gated courtyard. Long-term tenants, low expenses, and extra income potential (laundry, storage, RUBs) add to its value. Contact us for the Offering Memorandum, 3D tour, and Rent Roll

Location

State NV

County Clark

Body of Water Public

Interior

Interior Features Storage

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

Laundry Laundry Room

Exterior

Exterior Feature Private Yard

Parking Features Alley Access, Paved

Pool None

Roof Type Pitched

Total Parking Spaces 8

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Stucco

Construction Status RESALE

Schools

Elementary Schools ,

Others

Tax ID 139-27-310-059

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://my.matterport.com/show/?m=gPpX5aRKfMg

Listed by Catherine Hyde • Simply Vegas

+1(702) 236-2664

gsellslv@gmail.com

718 W Wilson Avenue Las Vegas, NV 89106