$585,000

718 W Wilson Ave Las Vegas, NV 89106

$6,947
Closing credit¹
2,288 sqft
0.2 acres
$256 / sqft
Multi-Family

Property details

About 718 W Wilson Ave

718 W Wilson Ave is a well-maintained, garden-style fourplex in the Historic Westside, part of the Vision 2045 Downtown Las Vegas Master Plan and a designated Opportunity Zone. This single-story property has new windows, a water heater, and central AC units, plus a gated courtyard for added privacy. Located near downtown Las Vegas with easy freeway access, the property has long-term tenants and low operating expenses, generating $52,152 in annual rent: • Unit 1: $1,000/mo – Lease through 10/31/24 • Unit 2: $1,476/mo – Lease through 11/30/25 • Unit 3: $995/mo – Lease through 1/31/25 • Unit 4: $875/mo – Lease through 11/30/24 Additional income potential exists from laundry, storage leasing, and RUBs. Property taxes are only $918 per year. Asking price: $585,000 with a 7% actual CAP rate. Contact us for the Offering Memorandum, 3D tour and Rent Roll.

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,288 sqft
Lot size0.16 Acres
Year built1963
ParkingAlley Access, Paved
MLS #2616436

Virtual tour

Summary

  • MLS Number: 2616436
  • 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: 2/22/2025, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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floor plan

$585,000

718 W Wilson Ave

$6,947

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 16, 2023
Home Sold
$500,000
Aug 18, 2021
Home Sold
$450,000
Nov 05, 2020
Home Sold
$250,000
Dec 04, 2017
Home Sold
$179,000
Jun 06, 2012
Home Sold
$47,000
Apr 27, 2012
Home Sold
$26,500
May 15, 2003
Home Sold
$280,000
Mar 24, 1999
Home Sold
$35,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

8

Hoggard Mabel Elementary School

Public Magnet PK-5

1.0 mi

950 N Tonopah Dr

6

Carson Kit Elementary School

Public Magnet PK-5

1.0 mi

1735 D St

4

Democracy Preparatory at Agassi Elementary School

Public Charter KG-5

1.2 mi

1201 W Lake Mead Blvd

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 $12,155. The most common annual income of people living in Las Vegas, NV is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

83%
<35k
11%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
15%
Single, with Kids
6%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
17%
18-34 yrs old
70%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 718 W Wilson Ave in Las Vegas, NV and zip code 89106 in the Las Vegas Original Townsite neighborhood. This 2,288 square foot home, which was built in 1963, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $585,000.

Las Vegas, NV housing market in January 2025 saw over 186 listings sold above listed price, more than 292 sold at listed price and over 765 sold below. In January 2025 in Las Vegas, NV there were 17.4% more homes for sale than in December. Listings spent 48 days on the market in January 2025, and had a median list price of $435,097 during the same period.

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

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