3,008 SqFt
8,276 Lot Size
1963 Year Built

2252 Ellis is an exceptional value-add investment opportunity with a current 6.0% cap rate and an estimated 8.5% pro forma cap rate, offering immediate cash flow and strong upside potential. Major capital improvements include a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), and owned coin-operated laundry (2025). Each unit features remodeled kitchens, upgraded plumbing, regularly serviced A/C units, and energy-efficient double-pane windows. Tenants have access to private exterior storage, a large shared storage building, and an on-site community laundry room. Conveniently located near Carey Ave. and Mojave Rd., within walking distance of the North Las Vegas Police Department and Fire Station, this well-maintained property is positioned for both stable returns and future appreciation.

Listed by Simply Vegas

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GALLERY

2252 Ellis ST, North Las Vegas, NV 89030

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3, 008 sqft
Price per Sqft $212
Subdivision Arrowhead Acres Tr
MLS Listing ID 2803224
Style Fourplex
Construction Status Resale, Very Good Condition
HOA Y/N No
Year Built 1963
Annual Tax Amount $1,167
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Multi Family
Location

State NV
County Clark
Direction From 1-15 and Lake Mead Blvd, travel E on Lake Mead Blvd, left on Ellis St, and approach 2252 Ellis St.
Building

Story 1
Sewer Public Sewer
Water Public
Construction Status Resale,Very Good Condition

Interior

Interior Features Storage
Heating Central, Electric
Cooling Central Air
Flooring Luxury Vinyl Plank, Tile
Furnishings Unfurnished
Fireplace No
Appliance Oven, Range, Refrigerator
Laundry Common Area, Laundry Room
Exterior

Parking Features Paved
Water Access Desc Public
Roof Type Flat
Total Parking Spaces 6
Schools

Elementary Schools ,
Others

Tax ID 139-24-110-260
Acceptable Financing All Inclusive Trust Deed, Cash, Conventional, FHA, VA Loan
Listing Terms All Inclusive Trust Deed, Cash, Conventional, FHA, VA Loan
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