Strong, income-producing fourplex in a high-demand central Las Vegas location. The property features a desirable unit mix—two 1-bedroom units, one 2-bedroom, and one 3-bedroom—offering flexibility and broad tenant appeal. Located minutes from the Las Vegas Strip, Downtown Arts District, and the UNLV Medical District, rental demand remains consistently strong. Units are spacious with functional layouts and have seen recent improvements including flooring, paint, fixtures, and select kitchen and bath updates. Each unit is separately metered, the property is low-maintenance, and off-street parking adds to long-term tenant stability. Current rents are below market, providing clear upside through rent increases, light value-add improvements, or repositioning for medium-term rental demand from nearby professionals. Situated in an area experiencing continued revitalization, this is a solid cash-flowing asset with meaningful long-term upside for both new and seasoned investors.
Multi-familyProperty Type
1977Year Built
6,970 sq ftLot Size
$208Est. Price/Sq.Ft.
Listed by Michael Coxen• Magenta
Bought with Sandra Flores-Banyai• United Realty Group
Great investment opportunity in a desirable area near Downtown Las Vegas. THREE FULLY OCCUPIED UNITS and ONE Two Story Three Bedroom UNIT with a wonderful floorplan!! Large lot with plenty of parking. Four units Fourplex with 2 One Bedrooms! 1 Three Bedrooms, and 1 Two Bedrooms. Amazing LOCATION! MUST SEE!
Public Records
Jul 14, 2016
Sold
$195,000
$62/sq ft
GLVAR #1627702
Jul 14, 2016
Listing Removed
—
Jul 14, 2016
Sold
$195,000
$62/sq ft
May 9, 2016
Contingent
—
Apr 29, 2016
Listed
$189,900
$60/sq ft
Public Records
Oct 25, 2011
Sold
$120,000
$38/sq ft
GLVAR #851898
Sep 11, 2009
Sold
$70,875
$22/sq ft
Sep 11, 2009
Listing Removed
—
Aug 6, 2008
Listed
$45,000
$14/sq ft
Public Records
Oct 9, 2003
Sold
$228,000
$72/sq ft
Public Records
Mar 1, 2001
Sold
$195,000
$62/sq ft
Public Records
May 8, 1998
Sold
$116,000
$37/sq ft
Public Records
Oct 15, 1991
Sold
$116,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,124 (+7.9%)
$45,500 + $32,253
$77,753
2024
$1,969 (+8.0%)
$43,750 + $33,432
$77,182
2023
$1,824 (+8.0%)
$42,000 + $29,618
$71,618
2022
$1,689 (+8.0%)
$43,750 + $32,429
$76,179
2021
$1,564 (+7.9%)
$35,000 + $31,610
$66,610
2020
$1,449 (+6.7%)
$29,750 + $30,738
$60,488
2019
$1,358 (+4.8%)
$23,800 + $31,533
$55,333
2018
$1,296 (−9.8%)
$22,400 + $31,908
$54,308
2017
$1,437 (+18.8%)
$14,000 + $31,359
$45,359
2016
$1,210 (+3.1%)
$11,200 + $32,859
$44,059
2015
$1,173
$7,700 + $33,747
$41,447
2014
$1,173 (+3.0%)
$6,300 + $33,682
$39,982
2013
$1,139 (−13.7%)
$6,300 + $33,682
$39,982
2012
$1,320 (+1.1%)
$6,300 + $28,426
$34,726
2011
$1,306 (−29.2%)
$6,300 + $33,953
$40,253
2010
$1,846 (−25.9%)
$7,000 + $32,829
$39,829
2009
$2,490
$21,000 + $35,159
$56,159
Tax history for 832 Held Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,124 (+7.9%)
$45,500 + $32,253
$77,753
2024
$1,969 (+8.0%)
$43,750 + $33,432
$77,182
2023
$1,824 (+8.0%)
$42,000 + $29,618
$71,618
2022
$1,689 (+8.0%)
$43,750 + $32,429
$76,179
2021
$1,564 (+7.9%)
$35,000 + $31,610
$66,610
2020
$1,449 (+6.7%)
$29,750 + $30,738
$60,488
2019
$1,358 (+4.8%)
$23,800 + $31,533
$55,333
2018
$1,296 (−9.8%)
$22,400 + $31,908
$54,308
2017
$1,437 (+18.8%)
$14,000 + $31,359
$45,359
2016
$1,210 (+3.1%)
$11,200 + $32,859
$44,059
2015
$1,173
$7,700 + $33,747
$41,447
2014
$1,173 (+3.0%)
$6,300 + $33,682
$39,982
2013
$1,139 (−13.7%)
$6,300 + $33,682
$39,982
2012
$1,320 (+1.1%)
$6,300 + $28,426
$34,726
2011
$1,306 (−29.2%)
$6,300 + $33,953
$40,253
2010
$1,846 (−25.9%)
$7,000 + $32,829
$39,829
2009
$2,490
$21,000 + $35,159
$56,159
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
4.5
Stories
—
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
1977
Sq. Ft.
3,168
Year built
1977
Style
Multi-Family (2-4 Unit)
County
Clark County
APN
13926310024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R-3
Medium Density Residential District
The purpose of the R-3 District is to provide for the development of a variety of multi-family units such as duplexes, townhouses and medium density apartments. The R-3 District is consistent with the policies of the Medium Density Residential and High Density Residential categories of the General Plan.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Property details
Interior
Virtual Tour
Equipment
Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
Interior Features
Unfurnished
Flooring: Luxury Vinyl Plank, Tile
Other Features: None
Multi Unit Information
# Of Units Total: 4
# Of Buildings: 2
Multi Unit Financial Information
Operating Expense: $19,314
Professional Management Expense: $3,403
Utilities Expense: $1,708
Unit Type 1
One Bedroom
Unit Description: 4-Fourplex
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 615.0
Actual Rent: $1,000
Actual Rent Range: 1000
Unit Type 2
Three Bedroom
Unit Description: 4-Fourplex
# of Bedrooms: 3
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 702.0
Actual Rent: $1,121
Actual Rent Range: 1121
Unit Type 3
One Bedroom
Unit Description: 4-Fourplex
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 615.0
Actual Rent: $1,450
Actual Rent Range: 1450
Unit Type 4
Two Bedroom
Unit Description: 4-Fourplex
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Area: 702.0
Actual Rent: $1,000
Actual Rent Range: 1000
Exterior
Building Information
Stories: 2
Year Built Details: RESALE
Roof Details: Composition, Shingle
Construction Details: Brick
Lot Information
Lot Size Area: 0.16
Lot Size Acres: 0.16
Property Information
Good Condition, Resale
Financial
Tax Information
Annual Tax Amount: $1,061
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Window Unit(s)
Has Heating
Heating: Central, Electric
Location
HOA Information
Association Amenities: Storage, Cable TV
Location Information
Distance To Sewer Comments: Public
Distance To Water Comments: Public
Public facts
Beds: 7
Baths: 4.5
Sq. Ft.: 3,168
Stories: —
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: 1977
County: Clark County
APN: 13926310024
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Halle Hewetson Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
J D Smith Middle School
Public 6-8 • Assigned • 0.8mi
3/10
Rancho High School
Public 9-12 • Assigned • 0.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Las Vegas, NV • 89101
Average low and high temperatures (°F)
60
41
69
49
78
57
80
60
91
69
103
80
104
81
104
84
96
75
86
64
68
50
64
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.3 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.
13.3 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$626,000 – $758,000
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