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
360° Virtual Tour
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees