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North Las Vegas > 89030 > 2252 Ellis St
Welcome to 2252 Ellis! This well-maintained single-story fourplex features four spacious 2-bedroom, 1-bath units with excellent curb appeal, a fenced yard, and on-site parking. Offering an actual cap rate of 6.21% and a pro forma of 8.57%, it delivers a balance of immediate cash flow and long-term growth potential. Recent capital improvements include a new roof (2020, $27, 000), 100-gallon water heater (2023, $5, 200), gas line replacement (2024, $6, 000), and an owned coin-operated washer/dryer (2025). Each unit features remodeled kitchens, upgraded plumbing, and regularly serviced A/C units. Residents enjoy private exterior storage, a large shared storage building, and a community laundry room. Double-pane windows enhance energy efficiency, and all tenants are current on rent. This property offers both stable returns and value-add potential in a growing, secure North Las Vegas neighborhood walking distance to the North Las Vegas Fire Department and Police Station.
Low Cost Financing Available
only takes about 60 seconds & will not affect your credit
Welcome to 2252 Ellis! This well-maintained single-story fourplex features four spacious 2-bedroom, 1-bath units with excellent curb appeal, a fenced yard, and on-site parking. Offering an actual cap rate of 6.21% and a pro forma of 8.57%, it delivers a balance of immediate cash flow and long-term growth potential. Recent capital improvements include a new roof (2020, $27, 000), 100-gallon water heater (2023, $5, 200), gas line replacement (2024, $6, 000), and an owned coin-operated washer/dryer (2025). Each unit features remodeled kitchens, upgraded plumbing, and regularly serviced A/C units. Residents enjoy private exterior storage, a large shared storage building, and a community laundry room. Double-pane windows enhance energy efficiency, and all tenants are current on rent. This property offers both stable returns and value-add potential in a growing, secure North Las Vegas neighborhood walking distance to the North Las Vegas Fire Department and Police Station.
Directions to 2252 Ellis St: From 1-15 and Lake Mead Blvd, travel E on Lake Mead Blvd, left on Ellis St, and approach 2252 Ellis St.
Low Cost Financing Available
only takes about 60 seconds & will not affect your credit
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