$895,000
 $5,366 est/mo Sourced by Back At You

1215 Rawhide Street,Las Vegas, NV 89119

Las Vegas, NV 89119

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Description

Excellent Investment Opportunity! Fully furnished, turnkey 4-plex with no HOA! Built in 1984 & fully renovated in 2017, with numerous interior & exterior improvements over time. Newer, double-pane windows. Pitched tile roof. Fully fenced, secure yard with durable block walls. No deferred maintenance! *** Each 1,000-sqft apartment features a spacious 2-bedroom, 2-bathroom layout. All units were extensively renovated with updated flooring, remodeled bathrooms & modern kitchens with updated cabinets, countertops & appliances. Each unit includes its own dedicated laundry closet with a washer/dryer, plus individual storage space outside the unit. *** High 6.45% CAP rate with low property taxes & operating expenses! Well-maintained 4-plex with strong rental income & a proven occupancy history. All 4 units are fully furnished, offering flexibility for long-term, mid-term, or short-term rental strategies. One unit is available for owner occupancy or lease-up. The remaining 3 units are occupied by reliable long-term tenants with staggered lease expirations, providing immediate cash flows. *** Great location! Right by Russell Rd. and Maryland Pkwy, the property sits on a desirable corner lot directly adjacent to Siegfried & Roy Park, with select units offering views of the Las Vegas Strip. Prime location with fast access to the Strip, airport, major freeways, UNLV, shopping, dining, and schools. *** Positioned in a high-demand rental area with convenient access to major employment, retail, and transportation corridors, the property provides excellent opportunity for traditional investors, STR operators, or owner-occupants seeking a turnkey income-producing asset with stable income, updated units and long-term growth potential. *** A detailed list of property improvements is available upon request. Buyer & buyer's agent to verify all information, square footage, zoning, short-term rental licensing/compliance, rental income, and financials. DO NOT DISTURB TENANTS.

Details

MLS #2818429
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1984
Days On Site20
Listing Provided ByExecutive Realty Services | Chao Cong

Features

SQ Feet4,000
Story(s)2
Units4
Building(s)1
Acreage0.22

Interior

CoolingCentral Air
HeatingCentral, Electric
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesStorage, Window Treatments
Window FeaturesBlinds
FurnishedFurnished
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer

Exterior

Exterior FeaturesPrivate Yard
RoofFlat, Pitched, Tile
Construction MaterialsStucco, Wood Frame

Parking

Parking FeaturesAssigned

Utilities

ElectricPhotovoltaics None
SewerPublic Sewer

Other

List AorGreater Las Vegas Association Of Realtors Inc

Taxes

Property2870

Area Information

StateNV
CountyClark
CityLas Vegas
Zip Code89119
Community NameAirport
Sourced by Back At You

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The data relating to real estate for sale on this web site comes from the Las Vegas REALTORS® MLS. Information deemed reliable but not guaranteed. COPYRIGHT 2022 OF LAS VEGAS REALTORS® MLS. ALL RIGHTS RESERVED.

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StateNV
CountyClark
CityLas Vegas
Zip Code89119
Community NameAirport
Sourced by Back At You
Listing Updated: September 28, 2026 at 11:55:26 PM PDT