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Las Vegas Homes for Sale
Live MLS listings from the Greater Las Vegas Association of REALTORS®.
Active · MLS# 2791719
3116 Kings
Las Vegas, NV 89102
$219,000
3116 Kings, Las Vegas, NV 89102 is a 5-bedroom, 6-bathroom single family home, built in 1963 with 1,434 square feet of living area. The home is currently for sale for $219,000 ($153 per square foot). Listing courtesy of Joseph Modig, Real Broker LLC, sourced from the Greater Las Vegas Association of REALTORS® (GLVAR).
Bedrooms
5 beds
Bathrooms
6 baths
Living Area
1,434 sq ft
Year Built
1963
Type
Single Family Home
Listing Type
For Sale
Status
Active
About This Home
This is a unique situation. The seller would like to discuss all creative options. The home is going to need substantial renovation. PadSplit.com canidate. Property taxes 4%–6% Insurance 2%–4% Utilities (if owner-paid) 10%–15% Repairs & maintenance reserve 5%–10% Vacancy & credit loss 5%–10% Landscaping/pest control 1%–3% Capital reserves (future HVAC, roof, appliances, etc.) 5%–10% Total (self-managed) 25%–40% Gross Potential Income 5 bedrooms + studio = $6,500/month Annual = $78,000 Adjust for 90% occupancy Effective Gross Income = about $70,200/year Example expense budget (30%) Expenses ˜ $21,000/year Net Operating Income Approximately $49,000/year Using common investor cap rates: Cap Rate Value 10% $490,000 8% $612,000 A one-third interest before any minority discount would be approximately: $163,000 at a $490k valuation
Features
Listing data updated Jun 22, 2026, 2:27 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)