• Type
  • Multi-Family Homes
  • 3892 sqft
  • Area Size
  • 1984
  • Year Built
1920 Lirio, Las Vegas, NV 89108
  • $799,999

Description

Fully occupied and professionally managed, this turnkey fourplex in Northwest Las Vegas offers four spacious 2-bed, 2-bath units, each with in-unit laundry, fireplaces, and private storage. The property currently generates $6,005 in monthly rental income, with upside potential to $6,600/month through market rent adjustments, increasing the CAP rate from 6.92% to 7.32%. Built in 1984 and requiring minimal updates, this is a low-maintenance, high-demand asset positioned for value optimization. Located near Summerlin, tenants benefit from convenient access to shopping, dining, entertainment, and major transit routes. With strong cash flow and long-term appreciation potential, this is a rare opportunity in one of Las Vegas’s most stable rental corridors.

Address

  • Address: 1920 Lirio Way
  • City: Las Vegas
  • State/county: NV
  • Zip/Postal Code: 89108

Details

Updated on August 11, 2026 at 8:09 am
  • Property ID 2692240
  • Price $799,999
  • Property Size 3892 sqft
  • Land Area 0.16 acres
  • Year Built 1984
  • Type Multi-Family Homes
  • Property Status Sold

Additional details

  • Turnkey / Furnished Yes
  • Investment Property Yes

Features

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Contact Information

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Paola Zannini

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Information is deemed reliable but is not guaranteed. Prices, availability, measurements, features, taxes, HOA information, schools, and other property details are subject to change and should be independently verified by the buyer.

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