Multifamily Property for Sale in Las Vegas, NV

  • Price: $4.3M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Las Vegas, NV 89115
  • Size: 19,907 SF
  • Year built: 1984

Description

Blake Leavitt at KW Commercial is proud to present the opportunity to acquire a 100% occupied portfolio of 4 fourplexes and 4 condos totaling 20 units in Las Vegas that are all in the same area. The 4 fourplexes are located at 4771-4781-4791-4851 E Craig Rd that were built in 1984. The 4 fourplexes consist of 16 large 2-bed/2-bath units that are 986 square feet. The 4 condos are located at 4300 N Lamont St #249-#270-#291 that were built in 1984, and 4437 Dover Straight St #301 that was built in 2010. The 3 condos at 4300 N Lamont St consist of 3 large 2-bed/2-bath units that are 864 square feet, and the condo at 4437 Dover Straight St is a large 3-bed/2-bath unit that is 1,539 square feet. Full appliance packages with washers and dryers are in every unit. All units have undergone exterior and interior renovations, and are well maintained. ***Attractive financing is available for this portfolio with rates as low as 5.375% with 20% down or 5.75% with 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.*** Building SF: 19907 | Year Built: 1984 | Listing Type: FOR SALE

Market Context

This multifamily in Las Vegas, NV is listed for sale at $4,285,000 across 19,907 SF. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1984. It has been on the market for 24 days. Compare it against other multifamily listings for sale in Las Vegas, NV — <a href="/search/sale/multifamily/nevada/las-vegas">view the full market</a>.

As of Q1 2026, the Las Vegas multifamily market showed average asking rents near $1457.00/unit/mo, and cap rates around 5.5%. Source: Consensus Q1 2026 market report.

Its 5.5% asking cap rate is in line with the Las Vegas multifamily market average of about 5.5%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Las Vegas?
About 5.5% as of Q1 2026, per Consensus.

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