PRICE
$1,800,000 
BEDS
0
BATHS
0
LOT SIZE
13939 sqft
MLS #
2803671
“6-Unit Cash-Flowing Apartment Property with Approved Expansion Opportunity to 12 Units!” Rare Value-Add Multifamily Investment Opportunity! This exceptional offering includes two parcels: an income-producing 6-unit apartment property plus the adjacent vacant lot, creating a unique opportunity to expand an already performing asset. The existing improvements consist of two triplex buildings featuring six spacious 2-bedroom, 2-bath units, all currently occupied by tenants placed through HopeLink of Southern Nevada. Included in the sale are architectural plans (see photos) for the construction of two additional triplex buildings, increasing the property’s potential from 6 units to 12 units. The proposed buildings would be constructed north of the existing apartments, allowing the current six units to remain in place and continue generating income during development. An approximately 1,850-square-foot warehouse between the existing buildings would be removed and replaced with a beautifully designed central courtyard serving all 12 units. This is a rare opportunity to acquire a stabilized multifamily asset with a clear path to significantly increasing cash flow and long-term value. Ideal for investors, developers, or 1031 exchange buyers seeking immediate income with future upside. Buyers should independently verify zoning, development requirements, permits, utility capacity, and all approvals. Adding to the property’s appeal, a brand-new North Las Vegas Fire Station is under construction immediately west of the property, reflecting continued public investment and neighborhood growth. Opportunities combining existing cash flow, expansion plans, additional land, and substantial upside are rarely available. Don’t miss this chance to own a premier multifamily investment with immediate income and exceptional future potential.
DAYS ON MARKET
Just Listed
LAST UPDATED
07/29/2026 02:01
YEAR BUILT
1963
Association Name
GARAGE SPACES
0
COUNTY
Clark
STATUS
Active
PROPERTY TYPE(S)
Residential
SCHOOLS
Elementary School
,
Jr. High School
High School
ADDITIONAL DETAILS
AMENITIES
None
APPLIANCES
AREA
EXTERIOR
Parking Features
Paved
INTERIOR
None
LOT
13939
STORIES
2
SUBDIVISION
Arrowhead Acres Tr
TAXES
2510
UTILITIES
This listing is provided by Michael T. Oliver, Coldwell Banker Premier, (702) 525-6319. The data relating to real estate for sale or rent on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS, Trestle Technology and Shelter Realty Property Management. Information is deemed reliable but not guaranteed. This information is provided 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. Properties are subject to prior sale and may no longer be available. Copyright held by respective owners. The term SHELTER REALTY® is a registered trademark of Shelter Realty Property Management. Shelter Realty Property Management is a Las Vegas Real Estate brokerage (Broker’s License: B.0049099) offering residential real estate and property management services. EQUAL HOUSING OPPORTUNITY REALTOR®
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