Log In/Sign Up
Your email has been sent.
1812 Lewis Ave 4 Unit Apartment Building $960,230 CAD ($240,058 CAD/Unit) 7.66% Cap Rate Las Vegas, NV 89101
Investment Highlights
- Downtown Las Vegas - near Freemont Street Experience
- Beautifully remodeled 4-Plex
- Excellent to owner occupy one of the stunningly remodeled units
- Walking distance to businesses, shops & restaurants
- Stable investment property at a 7.66% cap rate
Executive Summary
Discover this exquisitely renovated 4-plex nestled in the vibrant heart of downtown Las Vegas! Boasting a total of +/-2,694 SF, this gem features four remodeled units, including three 1-bed and 1-bath units, and a spacious 2-bed and 1-bath unit, all situated on a generous 6,970 SF lot. Adorned with lush landscaping, private, secure fencing, and a spacious, private BBQ area, this charming 4-plex promises an inviting ambiance. With a stellar 7.66% CAP rate based on current rents, this property offers lucrative, steady cash flow with upside potential. Positioned within walking distance of bustling businesses, trendy shops, and delectable eateries, as well as a short drive to the iconic Freemont Street Experience and the renowned Las Vegas Strip, this exceptional 4-plex presents a stable investment opportunity with upside, and ideal property for an owner looking to reside in one of the beautifully remodeled units. This one will go fast. Email me for more information or to make an offer before it's gone.
*Please do not disturb occupants. Showings available upon submitting an offer.
*Please do not disturb occupants. Showings available upon submitting an offer.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $960,230 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $240,058 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 7.66% | Building Size | 2,694 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 95% |
| Gross Rent Multiplier | 10 | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1964/2020 |
| Property Type | Multifamily | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R4, Las Vegas - R-4 | ||
| Price | $960,230 CAD |
| Price Per Unit | $240,058 CAD |
| Sale Type | Investment |
| Cap Rate | 7.66% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,694 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built/Renovated | 1964/2020 |
| Parking Ratio | 1.48/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4, Las Vegas - R-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 |
| 2+1 | 1 | - | 800 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 139-35-814-004 | Improvements Assessment | $34,072 CAD (2026) |
| Land Assessment | $64,178 CAD (2026) | Total Assessment | $98,250 CAD (2026) |
Property Taxes
Parcel Number
139-35-814-004
Land Assessment
$64,178 CAD (2026)
Improvements Assessment
$34,072 CAD (2026)
Total Assessment
$98,250 CAD (2026)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1812 Lewis Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.