$625,000

1956 Cosmic Dr Las Vegas, NV 89115

$7,422
Closing credit¹
3,212 sqft
0.2 acres
$195 / sqft
Multi-Family

Property details

About 1956 Cosmic Dr

Invest in a well-maintained, professionally managed fourplex in Lake Mead Villas, a secure, planned community with mature landscaping, playground and pool. Built in 1987 with a Cape Cod design, it’s ideally located in Northeast Las Vegas near major employers such as Amazon distribution centers, the VA Hospital, Nellis AFB, schools, and public transit—ensuring strong rental demand. This 3,212 SqFt property features four spacious 2-bed, 1-bath units, each with a large living room, fireplace, dining area off the kitchen, and private laundry room with a refrigerator, washer, dryer, and dishwasher included. Updated, the property offers LVP floors, fresh paint, newer appliances, shower enclosures, blinds, and new fireplace enclosures. With long-term tenants, this property generates steady income at a 6.77% CAP rate, with potential to exceed 7% at the next lease renewal. HOA fees cover trash, sewer, exterior upkeep (roof/stairs), landscaping, common utilities, and pool access.

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,212 sqft
Lot size0.17 Acres
Year built1987
ParkingAlley Access, Paved
MLS #2665853

Virtual tour

Summary

  • MLS Number: 2665853
  • MLS Name: GLVAR
  • Office Name: Simply Vegas
  • Office Phone: (702) 408-2289
  • Listing Agent: Catherine Hyde

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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unfurnished living room featuring plenty of natural light, wood finished floors, visible vents, and a textured ceiling

$625,000

1956 Cosmic Dr

$7,422

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 25, 2022
Home Sold
$487,500
May 14, 2013
Home Sold
$175,000

Tax history

YearAssessmentProperty Tax
2024$91,442$2,363
2023$92,909$1,829
2022$83,290$1,694
2021$75,971$1,572
2020$73,688$1,570
2019$71,244$1,471
2018$63,957$1,404

History based on county public records data.

Nearby schools

5

Manuel J. Cortez Elementary School

Public District KG-5

0.2 mi

4245 E Tonopah Ave

4

Heard Lomie G Elementary School

Public Magnet PK-5

0.4 mi

4497 Kell Ln

6

Myrtle Tate Elementary School

Public District KG-5

0.4 mi

4497 Kell Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,568. Residents of Las Vegas, NV typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
49%
35k-100k
5%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

35%
Single, No Kids
28%
Single, with Kids
12%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1956 Cosmic Dr in Las Vegas, NV and zip code 89115 in the Sunrise Manor neighborhood. This 3,212 square foot home, which was built in 1987, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $625,000.

Over 325 listings were sold over their listed price in March 2025 in Las Vegas, NV. In the same period over 927 listings were sold below the listed price and 417 listings were sold for the listed price. The inventory of homes for sale in Las Vegas, NV between February and March 2025 increased by 17%. Listings spent 42 days on the market in March 2025, and had a median list price of $439,328 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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