Log In/Sign Up
Your email has been sent.
4244 Middlesex Ave 4 Unit Apartment Building $876,614 CAD ($219,154 CAD/Unit) 7.95% Cap Rate Las Vegas, NV 89110
Investment Highlights
- All 2-bedroom, 1-bath unit mix
- Opportunity to increase rents through strategic renewals
- Located in East Las Vegas, a strong rental corridor with low vacancy and high tenant demand for two-bedroom units
- Built in 1983, consistently maintained
- Well-sized layouts positioned for retention and steady occupancy
- Walking distance to neighborhood amenities and transit & Easy connections to Nellis Blvd and Boulder Hwy
Executive Summary
4244 Middlesex Ave is a stabilized fourplex built in 1983, offering 2-bedroom, 1-bath units that appeal to working families and long-term renters. The property is occupied with long-term tenants, providing dependable income. With spacious interiors and value-add potential through lease renewals, this asset delivers both stability and upside.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $876,614 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $219,154 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.95% | Building Size | 4,172 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $876,614 CAD |
| Price Per Unit | $219,154 CAD |
| Sale Type | Investment |
| Cap Rate | 7.95% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,172 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,986 CAD | 1,043 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 140-30-610-020 | Improvements Assessment | $62,079 CAD (2026) |
| Land Assessment | $58,869 CAD (2026) | Total Assessment | $120,948 CAD (2026) |
Property Taxes
Parcel Number
140-30-610-020
Land Assessment
$58,869 CAD (2026)
Improvements Assessment
$62,079 CAD (2026)
Total Assessment
$120,948 CAD (2026)
Contacts
-
Catherine Hyde -
Jeremy Hyde -
Jillian Hyde -
Hyde Real Estate Group at Simply Vegas
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
4244 Middlesex 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.