718 W Wilson Avenue
Las Vegas, NV 89106
$40,000.00 (-6.4%)
Active for $585,000
Beds: N/A Baths: N/A Structure Size: 2,288 sqft Lot Size: 6,970 sqft
| MLS | 2616436 |
| Year Built | 1963 |
| Property Type | Multi Family |
| County | Clark |
| Status | Active |
| Active | $585,000 |
| Structure Size | 2,288 sqft |
| Lot Size | 6,970 sqft |
| Beds | N/A |
| Baths | N/A |
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 courtesy of: Catherine Hyde, Simply Vegas (702) 408-2289. *Based on information from the Association of REALTORS/Multiple Listing as of 04/04/2025 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.
Location
Contact a Local Realtor®
DRE #01873088
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