718 W Wilson Avenue, Las Vegas, NV 89106
-
Listed Price :
$585,000
-
Beds :
N/A
-
Baths :
N/A
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Property Size :
2,288 sqft
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Year Built :
1963
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
Interior Features
Laundry Information |
Location(s) |
Laundry Room |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Ceramic Tile |
Interior Information |
Features |
Storage |
Cooling Type |
Central Air |
Heating Type |
Central, Electric |
Listing Information
Address |
718 W Wilson Avenue |
City |
Las Vegas |
State |
NV |
Zip |
89106 |
County |
Clark |
Listing Agent |
Catherine Hyde DRE #S.0070366 |
Courtesy Of |
Simply Vegas |
List Price |
$585,000 |
Status |
Active |
Type |
Residential |
Subtype |
Multi Family |
Structure Size |
2,288 |
Lot Size |
6,970 |
Year Built |
1963 |
Listing information courtesy of: Catherine Hyde, Simply Vegas. *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.