Stephen Tomes
Stephen Tomes
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Active · MLS# 2829962

2516 Ellis

North Las Vegas, NV 89030

$689,000

2516 Ellis, North Las Vegas, NV 89030 is a 0-bedroom, 0-bathroom multi-family, built in 1963 with 3,204 square feet of living area. The home is currently for sale for $689,000 ($215 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
3,204 sq ft
Year Built
1963
Type
Multi-Family
Listing Type
For Sale
Status
Active

About This Home

GREAT OPPORTUNITY FOR FIRST-TIME OR EXPERIENCED INVESTORS! FOURPLEX | NO HOA | RECENT RENOVATIONS | INCOME & UPSIDE POTENTIAL Looking to get started in multifamily investing or add another income-producing property to your portfolio? This North Las Vegas fourplex offers a great combination of established rental income, recent improvements, and room to grow. 2516 Ellis features four spacious 2-bedroom, 1-bath units, all on one level. With three units already rented and the fourth recently renovated and vacant, a new owner has the opportunity to increase rental income right away. Income From Day One: Three occupied units currently generate $4,335 per month. Immediate Rental Upside: Lease the vacant, renovated unit at a projected $1,450 per month to increase scheduled rental income to $5,785 monthly. Recent Improvements: Two units renovated in 2024, including a new A/C system in Unit D. Simple, Practical Layout: Four identical 2-bedroom, 1-bath units in a single-story building, making leasing and maintenance more straightforward. No HOA: No monthly association dues cutting into your rental income. Attractive Investment Potential: Estimated 5.2% in-place CAP rate with a projected 7.4% stabilized CAP rate once the vacant unit is leased. Convenient Location: Close to I-15, Downtown Las Vegas, shopping, schools, parks, and everyday amenities. Whether you're purchasing your first rental property or expanding an existing portfolio, this fourplex offers a practical entry into multifamily ownership with existing tenants, recent renovations, and an opportunity to improve cash flow. Offering Memorandum, rent roll, and investment analysis available upon request. Showings by appointment only, contact listing agent.

Location

Walk Score®

2516 Ellis Street

North Las Vegas, Nevada, 89030

Commute to Downtown Sunrise Manor

14 min

Drive

27 min

Transit

22 min

Bike

60+ min

Walk

70

Walk Score

Very Walkable

Most errands can be accomplished on foot.

42

Transit Score

Some Transit

A few nearby public transportation options.

75

Bike Score

Very Bikeable

Biking is convenient for most trips.

Street-level walk

Look around the street at 2516 Ellis Street — the same Google Street View Walk Score uses on their report, shown here so you never leave this page.

About this location

2516 Ellis Street has a Walk Score of 70 out of 100. This location is Very Walkable so most errands can be accomplished on foot.

This location is in North Las Vegas.

Nearby parks

  • Rotary Tot Lot
  • Joe Kneip Park
  • Boris Park

Travel time

Explore how far you can travel by car, bus, bike and foot from 2516 Ellis Street.

Approximate reach from this pin — traffic and bus connections will differ.

Approximate 20-minute reach by drive from this address. Street-by-street times vary with traffic and connections. Map © OpenStreetMap contributors.

Some Transit

2516 Ellis Street has some transit which means a few nearby public transportation options.

Bus lines

  • 113 Las Vegas Blvd North0.2 mi
  • 111 Pecos/Green Valley Pkwy.0.6 mi
  • 214 H Street/D Street0.6 mi
  • 110 Eastern0.7 mi

City of North Las Vegas

This location is in the city of North Las Vegas, NV. North Las Vegas has an average Walk Score of 34 and has 216,961 residents.

North Las Vegas homes for sale →

Walk Score, Transit Score, and Bike Score are trademarks of Walk Score®. Scores on this page are shown for this listing address.

Frequently asked questions

How much is 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 is listed for $689,000, or about $215 per square foot.

How many bedrooms and bathrooms does 2516 Ellis have?+

2516 Ellis, North Las Vegas, NV 89030 has 0 bedrooms and 0 bathrooms.

How big is 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 offers 3,204 square feet of living area.

When was 2516 Ellis built?+

2516 Ellis, North Las Vegas, NV 89030 was built in 1963.

What type of property is 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 is a multi-family located in North Las Vegas, NV 89030.

What is the MLS number for 2516 Ellis?+

The Greater Las Vegas MLS number for 2516 Ellis, North Las Vegas, NV 89030 is 2829962.

What is the Walk Score of 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 has a Walk Score of 70 out of 100 (Very Walkable). Most errands can be accomplished on foot.

Is there public transit near 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 has a Transit Score of 42 (Some Transit). A few nearby public transportation options. Nearby bus lines include 113 Las Vegas Blvd North (0.2 mi), 111 Pecos/Green Valley Pkwy. (0.6 mi), 214 H Street/D Street (0.6 mi), 110 Eastern (0.7 mi).

How do I tour 2516 Ellis?+

Submit a tour request from this page or call Stephen Tomes of Huntington & Ellis, A Real Estate Agency directly at (702) 703-9077. Stephen responds personally within one business hour during business days.

Who is the listing agent for 2516 Ellis?+

2516 Ellis, North Las Vegas, NV 89030 is listed by Catherine Hyde of Simply Vegas, sourced from the Greater Las Vegas Association of REALTORS® (GLVAR) MLS.

Listing Courtesy Of
Catherine Hyde · License S.0070366
Simply Vegas
Source: Greater Las Vegas Association of REALTORS® (GLVAR). 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.

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