1215 Rawhide ST Las Vegas, NV 89119
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $223
Subdivision Airport
MLS Listing ID 2818185
Style Fourplex
Construction Status Resale,Very Good Condition
HOA Y/N No
Year Built 1984
Annual Tax Amount $2,870
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Property Description
Each 1,000-sqft apartment features a spacious 2-bedroom, 2-bathroom layout. All units were extensively renovated with updated flooring, remodeled bathrooms & modern kitchens with updated cabinets, countertops & appliances. Each unit includes its own dedicated laundry closet with a washer/dryer, plus individual storage space outside the unit. ***
High 6.45% CAP rate with low property taxes & operating expenses! Well-maintained 4-plex with strong rental income & a proven occupancy history. All 4 units are fully furnished, offering flexibility for long-term, mid-term, or short-term rental strategies. One unit is available for owner occupancy or lease-up. The remaining 3 units are occupied by reliable long-term tenants with staggered lease expirations, providing immediate cash flows. ***
Great location! Right by Russell Rd. and Maryland Pkwy, the property sits on a desirable corner lot directly adjacent to Siegfried & Roy Park, with select units offering views of the Las Vegas Strip. Prime location with fast access to the Strip, airport, major freeways, UNLV, shopping, dining, and schools. ***
Positioned in a high-demand rental area with convenient access to major employment, retail, and transportation corridors, the property provides excellent opportunity for traditional investors, STR operators, or owner-occupants seeking a turnkey income-producing asset with stable income, updated units and long-term growth potential. ***
A detailed list of property improvements is available upon request. Buyer & buyer's agent to verify all information, square footage, zoning, short-term rental licensing/compliance, rental income, and financials. DO NOT DISTURB TENANTS.
Location
State NV
County Clark
Direction From Tropicana and Maryland, head S on Maryland. Turn L on Rawhide (last street before Russell Rd). Or head E on Russell from Airport, turn L on Maryland and immediate R.
Interior
Interior Features Storage, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank, Wood
Furnishings Furnished
Fireplace No
Window Features Blinds
Appliance Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Laundry Laundry Room
Exterior
Exterior Feature Private Yard
Parking Features Assigned
Amenities Available Laundry
Water Access Desc Public
Roof Type Flat,Pitched,Tile
Porch Balcony
Total Parking Spaces 6
Building
Story 2
Sewer Public Sewer
Water Public
Construction Status Resale,Very Good Condition
Schools
Elementary Schools ,
Others
Tax ID 162-26-401-001
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
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