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For sale
    • Price cut: $20K (5/22)
    $720,000

    126 E 1st St N, Mesquite, NV 89027

    8beds
    4baths
    3,080sqft
    : 
    $4,638/mo
    Get pre-qualified
    Multi Family, Single Family Residence
    Built in 1988
    -- sqft lot
    $687,400 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    New storage unitsNew paint
    Recently updated 4-plex in the heart of MESQUITE! Opportunity is knocking!!! Great investment property as is or significant potential for upgrading & increasing rate of return. As is, market rents of $1150/mo counting owner expenses should pick up a net cap rate of approx 6.6%. With upgrades like gating, carports, patios, or other amenities, could raise the cap rate potentially to as much as 7.8% range. 4 units recently updated with new paint, floor, counters, appliances, including some washer/dryers, new storage units, and more. Steadily renting at $1000-1200/mo. Similar units are renting in the $1200/mo+ range. Small enough to self manage. Nice enough for the right person to live in one and rent the other 3 for income. Each unit is 2 Br, 1 Ba, approx 770 sf. Great central location to parks, schools, College of Southern Nevada Mesquite Campus, library, community rec center, shopping, casinos, and much more. Sewer/Trash $125/mo, Water $286/mo, Power individually metered to tenants, Insurance $2600/y.
    129 days
    |
    157
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    E. Shaun Caldwell B.0143955.LLC (702)701-3326,

    Prime Properties Mesquite

    Source: Mesquite MLS,MLS#: 1127515MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Freezer, Disposal, Refrigerator, Washer/Dryer, Electric Water Heater, Oven/Range, Oven/Range- Electric
      • Laundry: Washer Hookup
      Features
      • Flooring: Laminate
      Interior area
      • Total structure area: 3,080
      • Total interior livable area: 3,080 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      Lot
      • Size: 9,583 Square Feet
      • Features: Curb & Gutter, Sidewalks
      Details
      • Parcel number: 00116603002
      • Zoning description: Multi-Family, Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab on Grade
      • Roof: Composition,Flat
      Condition
      • Year built: 1988

      Utilities & green energy

      • Electric: Power Source: City/Municipal
      • Sewer: Sewer: Hooked-up
      • Water: Water Source: City/Municipal
      • Utilities for property: Cable T.V., Garbage Collection

      Community & HOA

      Community
      • Subdivision: None (No Subdivision),None (No Master Pud)
      Location
      • Region: Mesquite

      Financial & listing details

      • Price per square foot: $234/sqft
      • Annual tax amount: $2,130
      • Date on market: 3/21/2026

        Estimated market value

        $687,400

        $653,000 - $722,000

        $1,271/mo

        Price history

        DateEventPrice
        5/22/2026Price change$720,000-2.7%$234/sqft
        Source: Mesquite MLS #1127515 Report a problem
        4/30/2026Price change$740,000-6.2%$240/sqft
        Source: Mesquite MLS #1127515 Report a problem
        3/21/2026Listed for sale$789,000+21.4%$256/sqft
        Source: Mesquite MLS #1127515 Report a problem
        11/17/2023Listing removed--
        Source: Mesquite MLS #1124830 Report a problem
        9/27/2023Listed for sale$650,000$211/sqft
        Source: Mesquite MLS #1124830 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 89027

        Getting around

        65 / 100
        Somewhat Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bowler
        • Middle: Charles A. Hughes
        • High: Virgin Valley

        Source: Mesquite MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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