2252 Ellis is an exceptional value-add investment opportunity with a current 6.0% cap rate and an estimated 8.5% pro forma cap rate, offering immediate cash flow and strong upside potential. Major capital improvements include a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), and owned coin-operated laundry… Read More (2025). Each unit features remodeled kitchens, upgraded plumbing, regularly serviced A/C units, and energy-efficient double-pane windows. Tenants have access to private exterior storage, a large shared storage building, and an on-site community laundry room. Conveniently located near Carey Ave. and Mojave Rd., within walking distance of the North Las Vegas Police Department and Fire Station, this well-maintained property is positioned for both stable returns and future appreciation. Read Less
Courtesy of Simply Vegas, Catherine Hyde, 702-408-2289.
Listing Snapshot
Days Online
1
Last Updated
Property Type
MultiFamily
Square Ft.
3,008
Lot Size
0.19 Acres
Year Built
1963
MLS Number
2803224
30 Days Snapshot Of 89030
$309k
+6%
(avg) sold price
23
+76%
homes sold
86
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: Stucco, WoodFrame, Number Of Buildings: 1
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. The information being provided is for the 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.
Copyright of the Greater Las Vegas Association of REALTORSĀ® MLS. All
rights reserved.
Confirm your time
Fill in your details and we will contact you to confirm a time.