2252 Ellis, North Las Vegas, NV 89030
- $640,000
Description
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 (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.
Address
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Address: 2252 Ellis Street
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City: North Las Vegas
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State/county: NV
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Zip/Postal Code: 89030
Details
Updated on July 27, 2026 at 9:33 pm-
Property ID 2803224
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Price $640,000
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Property Size 3008 sqft
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Land Area 0.19 acres
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Year Built 1963
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Type Multi-Family Homes
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Property Status For Sale
Additional details
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No HOA Yes
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Single Story Yes
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Energy Efficient Yes
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Investment Property Yes
Features
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Contact Information
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