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4,000 sqft

$895,000

1215 Rawhide Street, Las Vegas NV, 89119

Price per sqft$223.75
Built in1984
Property size4,000 sqft
Property typeMulti-family
Courtesy of Executive Realty Services Chao Cong Listing Contact: [email protected]

Overview

Active

Listed Sep 14, 2026

Updated 3 days ago

Excellent Investment Opportunity! Fully furnished, turnkey 4-plex with no HOA! Built in 1984 & fully renovated in 2017, with numerous interior & exterior improvements over time. Newer, double-pane windows. Pitched tile roof. Fully fenced, secure yard with durable block walls. No deferred maintenance! *** Each 1,000-sqft apartment features a spacious 2-bedroom, 2-bathroom layout. All units were extensively renovated with updated flooring, remodeled bathrooms & modern kitchens with updated cabinets, countertops & appliances. Each unit includes its own dedicated laundry closet with a washer/dryer, plus individual storage space outside the unit. *** High 6.45% CAP rate with low property taxes & operating expenses! Well-maintained 4-plex with strong rental income & a proven occupancy history. All 4 units are fully furnished, offering flexibility for long-term, mid-term, or short-term rental strategies. One unit is available for owner occupancy or lease-up. The remaining 3 units are occupied by reliable long-term tenants with staggered lease expirations, providing immediate cash flows. *** Great location! Right by Russell Rd. and Maryland Pkwy, the property sits on a desirable corner lot directly adjacent to Siegfried & Roy Park, with select units offering views of the Las Vegas Strip. Prime location with fast access to the Strip, airport, major freeways, UNLV, shopping, dining, and schools. *** Positioned in a high-demand rental area with convenient access to major employment, retail, and transportation corridors, the property provides excellent opportunity for traditional investors, STR operators, or owner-occupants seeking a turnkey income-producing asset with stable income, updated units and long-term growth potential. *** A detailed list of property improvements is available upon request. Buyer & buyer's agent to verify all information, square footage, zoning, short-term rental licensing/compliance, rental income, and financials. DO NOT DISTURB TENANTS.

$5,954/mo

Est. mortgage payment based on a $895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2818429

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$2,870
Tax Frequency
Annually
Maintenance Expense
$3,110
Furnished
Yes

Courtesy of Executive Realty Services Chao Cong

Listing Contact: [email protected] 

The data relating to real estate for sale on this website comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS®. Real estate listings held by brokerage firms other than Meghan Hofland are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.  The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated 4:37 AM UTC 10/8/2026

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