For more information on this property, contact Leslie Carver at (702) 436-3615 or

861 BRUCE Street
Las Vegas, Nevada NV 89101
Sold For: $355,000
Listing ID 2168916
Status History
SqFt 3,082
Acres 0.160
Year Built 1963

Property Description:

Centrally located Fourplex just minutes away from Downtown Las Vegas. Very close to Cashman Field and Rancho High School. 4 Units total, (2) Two Bedroom and (2) One Bedroom units. Two Bedroom units rent for $700, One Bedroom units rent for $600. Owner expenses are property management fee, taxes, insurance, water, sewer, trash, gardner. Property is in good condition and well maintained. Call today!

Primary Features

Year Built: 1963

Interior Features

Cooling Description: Central
Flooring Description: Tile
Heating Description: Central
Heating Fuel: Electric, Gas
Number of Floors: 2
Other Appliance Description: None
Utilities: 1640
Water: Public

External Features

Building Description: Fourplex
Built Description: RESALE
Construction Description: Stucco, Wood-Frame
Land Use: 140-Res-Fourplex
Lot Depth: 104
Lot Frontage: 68
Lot SqFt: 6970
Parking Description: Assigned
Roof Description: Composition Shingle
Separate Meter: Electric, Gas
Sewer: Public
Trash: 740


Building Amenities: None
Green Building Certification: no
Handicap Adapted: yes
Listing Agreement Type: Active-Exclusive Right
Number of Buildings: 1
Number of Units: 4-Fourplex
Other Encumbrance Description: None
Property Amenities Description: Blinds
Property Condition: Good
Range: 61
Realtor: yes
Unit Count: 4
Yearly Operating Income: 31200

Location Information

Area: 201 - East
Census Tract: 402
Parcel Number: 139-26-310-037
Section: 26
Street Number Numeric: 861
Subdivision Name: BRUCE GARDENS UNIT #1
Subdivision Number: 1345
Subdivision Number Search: 1345
Township: 20

Financial Details

Annual Property Taxes: 764
AVM: yes
Cap Rate: 6
Current Price: 355000
Earnest Deposit: 5000
Expense Source: Owner Provided
Financing Considered: Cash, Conventional
Foreclosure Commenced: no
Gross Operating Income: 31200
Gross Rent Multiplier: 11.5
Maintenance: 1200
Management: 3120
NOI: 21900
Other Income Description: None
Owner Licensee: No
Price Per Acre: 2218750
Property Insurance: 1200
Ratio Current Price By SqFt: 115.18
Reposession/REO: no
Service Contract Includes: Gardener
Short Sale: no
Subject to FIRPTA: no
Tenant Pays: Electric, Gas
Utilities Included: Sewer, Water
Yearly Operating Expense: 9300

Zoning Info

Listing Courtesy of
Daniel H Kalai
Xpand Realty & Property Manage

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© 2022 of the Greater Las Vegas Association of REALTORS® MLS. All rights Reserved. Data last updated: Wednesday, December 7th, 2022 at 08:23:01 AM.

Contact - Listing ID 2168916

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Leslie Carver

3185 St Rose Parkway Suite 100
Henderson, NV 89052
Phone: (702) 436-3615
Phone Alt: (702) 436-3615
Fax: (702) 436-3615

Data services provided by IDX Broker