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Las Vegas Homes for Sale
Live MLS listings from the Greater Las Vegas Association of REALTORS®.
Active · MLS# 2727547
2252 Ellis
North Las Vegas, NV 89030
$650,000
2252 Ellis, North Las Vegas, NV 89030 is a 0-bedroom, 0-bathroom multi-family, built in 1963 with 3,008 square feet of living area. The home is currently for sale for $650,000 ($216 per square foot). Listing courtesy of Catherine Hyde, Simply Vegas, sourced from the Greater Las Vegas Association of REALTORS® (GLVAR).
Bedrooms
0 beds
Bathrooms
0 baths
Living Area
3,008 sq ft
Year Built
1963
Type
Multi-Family
Listing Type
For Sale
Status
Active
About This Home
Stabilized Cash Flow with Significant Value-Add Potential. This fully occupied single-story fourplex offers investors immediate income with an in-place 6.21% cap rate and an estimated 8.57% pro forma cap rate through continued rental optimization. The property consists of four spacious 2-bedroom, 1-bath units and has undergone extensive capital improvements designed to reduce future maintenance costs, including a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), commercial coin-operated laundry equipment (2025), remodeled kitchens, upgraded plumbing, serviced HVAC systems, and dual-pane windows. Residents enjoy private fenced yards, exterior storage, ample on-site parking, and shared laundry facilities that enhance tenant satisfaction and retention. Located in an established North Las Vegas rental market with convenient access to major employment centers, shopping, schools, and transportation, this professionally maintained asset offers a compelling combination of stable cash flow, reduced deferred maintenance, and long-term appreciation potential.
Listing data updated Jul 21, 2026, 8:38 AM. Listing information provided in part by the Greater Las Vegas Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Equal Housing Opportunity. All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin.
Brokerage: Huntington & Ellis, A Real Estate Agency · Agent: Stephen Tomes, Nevada RE License #BS.0146591 · Source: Greater Las Vegas Association of REALTORS® (GLVAR)
