718 W Wilson Avenue

Las Vegas, NV 89106

PRICE REDUCED

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-$40,000 (-6.40%)

$585,000

List Price

N/A

bed Beds

N/A

shower Baths

2,288 sqft

straighten / sqft

1963

calendar_month Built

Property Description

Unlock Financial Freedom with This House Hack Opportunity! Step into real estate investing with this well-maintained, garden-style fourplex at 718 W Wilson Ave generates $4,346 in rental income, producing a 7.7% CAP rate. With just 5% down using an owner-occupant loan, you can achieve an incredible 31% cash-on-cash return while your tenants cover your mortgage. The property pays for itself, builds appreciation, and lets you live rent-free! Located in the Historic Westside—part of the Vision 2045 Downtown Las Vegas Master Plan and an Opportunity Zone—it features new windows, a water heater, central AC, and a gated courtyard. Long-term tenants, low expenses, and extra income potential (laundry, storage, RUBs) add to its value. Contact us for the Offering Memorandum, 3D tour, and Rent Roll

Listing Information

List Price $585,000
Status Active
MLS 2616436
Type Residential
Subtype Multi Family
Year Built 1963
Lot Size 6,970
Structure Size 2,288
DOM 179
Courtesy Of Simply Vegas
Listing Agent Catherine Hyde DRE#S.0070366

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Ceramic Tile
Additional Information
Additional Features Storage
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Central, Electric

Maps

Listing information courtesy of: Catherine Hyde, Simply Vegas (702) 408-2289. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 10th, 2025 at 9:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.