$ 795,000 $ 799,999 0.6%

1920 Lirio WAY

Las Vegas, NV 89108

  • 3,892 SqFt
  • 6,969 Lot Size
  • 1984 Year Built
Fully occupied and professionally managed, this turnkey fourplex in Northwest Las Vegas offers four spacious 2-bed, 2-bath units, each with in-unit laundry, fireplaces, and private storage. The property currently generates $6,005 in monthly rental income, with upside potential to $6,600/month through market rent adjustments, increasing the CAP rate from 6.92% to 7.32%. Built in 1984 and requiring minimal updates, this is a low-maintenance, high-demand asset positioned for value optimization. Located near Summerlin, tenants benefit from convenient access to shopping, dining, entertainment, and major transit routes. With strong cash flow and long-term appreciation potential, this is a rare opportunity in one of Las Vegas's most stable rental corridors.
Listed by Simply Vegas , Sold By Simply Vegas

PROPERTY DETAIL

  • Key Details

    Sold Price $795,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 892 sqft

    Price per Sqft $204

    Subdivision Sierra Oeste

    MLS Listing ID 2692240

    Style Fourplex

    Year Built 1984

    Annual Tax Amount $2,797

    Lot Size 6,969 Sqft

    Property Sub-Type Multi Family

  • Location

    State NV

    County Clark

  • Building

    Story 2

    Sewer Public Sewer

    Water Public

  • Interior

    Heating Central, Gas

    Cooling Central Air

    Flooring Tile

    Laundry Laundry Room

  • Exterior

    Amenities Available None

    Roof Type Flat

  • Schools

    Elementary Schools ,

  • Others

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

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