718 West Wilson Avenue
Las Vegas, NV 89106
- – beds
- – baths
- 2,288 sqft
- 6,970 sqft lot
- $255 per sqft
- 1963 build
- – on site
718 W Wilson Ave is a well-maintained, garden-style fourplex in the Historic Westside, part of the Vision 2045 Downtown Las Vegas Master Plan and a designated Opportunity Zone. This single-story property has new windows, a water heater, and central AC units, plus a gated courtyard for added privacy. Located near downtown Las Vegas with easy freeway access, the property has long-term tenants and low operating expenses, generating $52,152 in annual rent: • Unit 1: $1,000/mo – Lease through 10/31/24 • Unit 2: $1,476/mo – Lease through 11/30/25 • Unit 3: $995/mo – Lease through 1/31/25 • Unit 4: $875/mo – Lease through 11/30/24 Additional income potential exists from laundry, storage leasing, and RUBs. Property taxes are only $918 per year. Asking price: $585,000 with a 7% actual CAP rate. Contact us for the Offering Memorandum and Rent Roll.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 15, 2025
•
MLS# 2616436 —
The Building
-
Year Built:1963
-
Construction Description:Stucco
-
Built Description:RESALE
-
Building:Fourplex
-
# of Buildings:1
-
# of Units:4 - Fourplex
-
Units:4
-
Roof:Pitched
-
Floors:1
-
Approx Total Living Area:2,288 Sqft
Interior
-
Furniture Included:No
-
Flooring:Ceramic
Financial & Terms
-
Current Loan Assumable:No
-
Short Sale:No
-
Foreclosure Commenced:No
-
Repo Reo:No
Location
-
Directions:From downtown Las Vegas head north east on City Parkway towards W. Carson Ave. Turn left onto W. Bonanza Rd. Turn right onto H St. Turn right onto W. Wilson Ave.
-
Township:20
The Property
-
Property Type:Multiple Dwelling
-
Property Condition:Very Good
-
Total SqFt:2,288 Sqft
-
# of Acres:0.1600
-
Parcel Number:139-27-310-059
-
Lot Frontage:49
-
Lot SqFt:6,970 Sqft
-
Lot Depth (ft):140
-
Price Per Acre:3656250
Listing Agent
- Contact info:
- Agent phone:
- (702) 408-2289
- Office phone:
- (702) 568-6800
Taxes
-
Annual Property Taxes:$918
-
Other Encumbrance Desc:None
The Listing
-
Section:27
-
Listing Agreement Type:Active-Exclusive Right
Heating & Cooling
-
Cooling:Central
-
Heating:Central
-
Heating Fuel:Electric
Utilities
-
Utilities:2799
-
Utilities Included:Gas, Sewer, Water
-
Separate Meter:Electric
-
Maintenance:1700
-
Sewer:Public
-
Water:Public
-
Trash:1
-
Internet:1
Appliances
-
Appliances:None
-
Range:61
The Community
-
Subdivision Name:Las Vegas Orig Townsite 2nd Amd
-
Management:3800
-
Amenities:Enclosed Yard(S), Laundry Room, Tenant Storage
-
Amenities:Complex Perimeter Wall, No Landscaping, Outside Light(S)
-
Association Fee:No
-
Association Fee 1:None
-
Cap Rate:7.0000
Parking
-
Total Parking Spaces:8.0000
-
Parking:Alley Access, Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/23/24
Dec 23, 2024
|
Price Changed | GLVAR | $585,000 | -6.4% |
|
9/12/24
Sep 12, 2024
|
Listed / Active | GLVAR | $625,000 | 25.0% (16.7% / YR) |
|
3/16/23
Mar 16, 2023
|
GLVAR | $500,000 | -2.0% |
