Las Vegas Multi-Family Real Estate & Homes For Sale

Multi-family homes in Las Vegas offer investors the chance for cash flow, appreciation and the ability to live in one unit and rent out the others to help cover the mortgage. Residential multi-unit homes consist of duplexes, triplexes and 4-unit properties.

Browse multi-family real estate & homes for sale in Las Vegas, NV below. For additional information regarding Las Vegas properties for sale or to schedule a home showing, contact your Las Vegas real estate professionals today.

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Browse All Las Vegas, NV Multi-Family Home Listings for Sale
October 16, 2021
226
Listed
67
Avg. DOM
$145.50
Avg. $ / Sq.Ft.
$450,000
Med. List Price
226 Properties
Page 1 of 19
$475,000
Subdivision: Carter Bunch Sub
1,750
Sq.Ft.
1970
Year Built
1
Day on Site
2342396
MLS
Beautifully remodeled fourplex, located just off of Boulder Highway. Brand new plank tile installed throughout, new base boards, new through the wall AC/heaters, granite kitchen countertops with...
$490,000
Subdivision: Century Garden Sub Amd
3,748
Sq.Ft.
1977
Year Built
1
Day on Site
2336578
MLS
GATED DEVELOPMENT with pool & clubhouse! UNLV & airport close by! Half of building is LIKE NEW from roof to floor (~2 years old) ! 2 year old appliances. Completely renovated in modern colors! Each...
Pending
1417 Henry Dr Las Vegas, NV 89110
$499,999
Subdivision: Haas Apts #2 Amd
3,080
Sq.Ft.
1983
Year Built
1
Day on Site
2342418
MLS
Newly upgraded fourplex near Downtown Las Vegas.
Sold
2904 Marlin Ave Las Vegas, NV 89101
$450,000
Subdivision: Shenandoah Square
2,968
Sq.Ft.
1963
Year Built
10/13/21
Sold On
2315695
MLS
GREAT INVESTMENT OPPORTUNITY! ALL 2 BED 1 BATH UNITS, DETACHED 2 CAR GARAGE * TILE FLOORS, CEILING FANS, UPDATED KITCHENS, NO HOA * PLENTY OF PARKING IN BACK OF BUILDING * COIN OPERATED LAUNDRY ROOM...
Sold
1661 N Lamont St Las Vegas, NV 89115
$465,000
Subdivision: Reid Manor
3,080
Sq.Ft.
1983
Year Built
10/13/21
Sold On
2325926
MLS
Beautiful 4plex on the east side of town. Very well maintained. All units are occupied. Long term tenants. There is a laundry area for tenants to use along with individual storage. Will not last!
Pending
6236 Ilanos Ln Las Vegas, NV 89108
$539,000
Subdivision: Sierra Oeste #2
3,952
Sq.Ft.
1986
Year Built
4
Days on Site
2337209
MLS
Here is your chance to own an income producing property in a high demand rental area!!! Come and check out this amazing 4-plex that has private balconies for all the tenants and 6 car parking spaces....
Sold
3641 Ala Dr Las Vegas, NV 89103
$507,000
Subdivision: spring oaks #2
3,567
Sq.Ft.
1977
Year Built
10/12/21
Sold On
2316008
MLS
Prime location. 4 units in 2 story building. Owner manager occupied in unit 1. Np HOA. showing subject to the offer acceptance. Drive by only.
Sold
712 N 11th St Las Vegas, NV 89101
$477,000
Subdivision: Stewart Add
3,356
Sq.Ft.
1961
Year Built
10/12/21
Sold On
2325278
MLS
Fully rented four-plex with long term tenants in place. All tenants pay on time. Property has been upgraded with all new sewage lines, roof is 2 years old, tile in all units. Two units have new...
Sold
4915 E Russell Unit 175-178 Rd Las Vegas, NV 89120
$820,000
Subdivision: Mesa Ridge Village
5,214
Sq.Ft.
2004
Year Built
10/12/21
Sold On
2325556
MLS
Rare, One of a kind 4PLEX. Great location, only 3.6 miles/9 minutes from McCarran Airport. Newer buildings, townhomes style, all units are two story with 2 car garage and private patio. All units...
$515,000
Subdivision: Village At Karen
3,112
Sq.Ft.
1984
Year Built
7
Days on Site
2340611
MLS
Very well maintained 2 stories 4 plex with two community pools and playground! Each unit has a 2 bedroom 1 bath and its own washer/dryer. ALL tenants are current in rental payments. Tenants pay...
Sold
6992 Kepler Dr Las Vegas, NV 89156
$527,500
Subdivision: Sierra Sunrise
4,072
Sq.Ft.
1983
Year Built
10/8/21
Sold On
2316130
MLS
This is a fourplex with 3 bedrooms and 2 bathrooms on an oversized lot. Plenty of parking in front for all tenants.
Sold
3520 Cambridge St Las Vegas, NV 89169
$625,000
Subdivision: Maryland Gardens
5,248
Sq.Ft.
1971
Year Built
10/8/21
Sold On
2276574
MLS
LAS VEGAS INVESTMENT*4PLEX*LOCATED NEAR SHOPPING,DINING, PARKS AND MORE*3 OF THE UNITS ARE CURRENTLY RENTED AT$850*ONE AT $750*THERE IS ONE COMMUNITY WASHER/DRYER ROOM WHICH REQUIRE TOKENS FOR USE*

SEE ALL HOMES FOR SALE IN Las Vegas

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Are you planning on buying or selling multi-family home in Las Vegas, NV? Call or text (702) 718-3878 to speak with a local Las Vegas real estate agent or contact us today.

Benefits of Investing in Las Vegas Multi-Unit Properties

Thinking about investing in multifamily homes for sale in Las Vegas? There are several reasons why people like to purchase multi-unit properties such as duplexes, triplexes or 4-units:

  • Passive Income
  • Have Someone Else Pay Down Your Debt
  • Potential Asset Appreciation
  • Nevada Tax Benefits & Write-offs

Types of Residential Multi-Family Properties

Here we'll be covering the types of residential multi-family real estate, which are buildings with 2, 3 or 4 units. Anything over 5 units is considered commercial real estate.

Las Vegas Duplexes

Duplexes are a multi-unit property with two units available to rent out. Las Vegas duplex homes for sale may start around $400,000, but price can vary significantly depending on the size of the units and location.

Duplex homes in Las Vegas are great for those who wish to live in one unit and rent out the other to help cover some or all of the mortgage. One drawback of being an owner/occupier of a duplex is that if you're tenant moves out, you could be stuck paying all of the mortgage until you find another person to rent the unit.

Traditional investors benefit from having two tenants under one roof, which eliminates some property management work compared to having two single family homes. One thing to keep in mind is that with only two doors to rent out, should one tenant move out you're now at only 50% occupancy and one tenant away from being at 0%. As with any investment, there's always risk to consider.

Las Vegas Triplexes

Triplexes feature three units under one roof and like any residential multi-unit properties, create the possibility of owner/occupier or renting out all the units to tenants. Because there's an extra unit, triplex homes in Las Vegas may cost a bit more than duplexes. However, that's not always true, as it depends on size, location and cap rate.

Las Vegas Fourplexes

Fourplexes in Las Vegas are also called "quadplexes" or simply 4-unit apartment buildings. This type of multi-family property has the highest amount of units to still be considered "residential" real estate vs commercial, which starts at 5-units. With a 4-unit apartment building in Las Vegas you can still qualify for a traditional mortgage instead of having to qualify for commercial real estate debt.

Las Vegas Real Estate Agents

Looking to purchase or sell multi-family home in Las Vegas? Work with a local Las Vegas real estate agent who has up-to-date information and knowledge of the multi-family real estate market. Contact us today or call/text us at (702) 718-3878 to get started.

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