Three of four units occupied and generating $3,850/month in rental income!
This updated fourplex offers investors immediate cash flow with additional upside through lease-up of the remaining available unit. Major capital improvements have already been completed, including brand-new building-wide plumbing (2024), updated water heaters, renovated bathrooms in all four units, updated windows, and luxury vinyl plank flooring in three units—allowing the next owner to focus on growing returns rather than tackling major repairs. The property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with separately metered electric service to help minimize owner expenses. A spacious courtyard-style layout, ample parking, and a convenient location near Downtown Las Vegas, the Arts District, shopping, dining, public transportation, and major employment centers make this an attractive property for tenants. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire an income-producing asset with major improvements already in place and room for future growth.
Active
$675,000
2508 E Mesquite Ave, Las Vegas, NV 89101
7beds
4baths
2,870sqft
:
Get pre-qualified$4,348/mo
Quadruplex, Multi Family, Multi Family
Built in 1963
-- sqft lot
$660,200 Zestimate®
$235/sqft
$-- HOA
What's special
Ample parkingSpacious courtyard-style layoutUpdated windowsUpdated water heaters
- 66 days |
- 197 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Deshawn L. Williams S.0191465 (702)286-5863,
Realty ONE Group, Inc
Source: LVR,MLS#: 2789715
Originating MLS: Greater Las Vegas Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator, Water Heater
Features
- Window Treatments
- Flooring: Luxury Vinyl Plank
- Windows: Blinds
Interior area
- Total structure area: 2,870
- Total interior livable area: 2,870 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 13936114005
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition,Flat,Shingle
Condition
- Good Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Artesian Acres
HOA
- Amenities included: None
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $196,686
- Annual tax amount: $1,661
- Date on market: 6/8/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$660,200
Estimated sales range
$627,000 - $693,000
Rent Zestimate®
$1,518/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $675,000+22.7%$235/sqft |
Source: | ||
| 1/11/2024 | Sold | $550,000-5%$192/sqft |
Source: | ||
| 10/3/2023 | Pending sale | $579,000$202/sqft |
Source: | ||
| 9/17/2023 | Listed for sale | $579,000+11.3%$202/sqft |
Source: | ||
| 7/10/2023 | Listing removed | -- |
Source: | ||
| 6/2/2023 | Listed for sale | $520,000+22.4%$181/sqft |
Source: | ||
| 1/28/2022 | Sold | $425,000$148/sqft |
Source: | ||
| 1/11/2022 | Pending sale | $425,000$148/sqft |
Source: | ||
| 1/11/2022 | Listed for sale | $425,000+26.9%$148/sqft |
Source: | ||
| 5/23/2020 | Listing removed | $335,000$117/sqft |
Source: Movoto, Inc #2195487 Report a problem | ||
| 5/13/2020 | Listed for sale | $335,000+26.4%$117/sqft |
Source: Movoto, Inc #2195487 Report a problem | ||
| 4/11/2018 | Sold | $265,000$92/sqft |
Source: | ||
| 4/9/2018 | Pending sale | $265,000$92/sqft |
Source: Keller Williams Market Place #1933197 Report a problem | ||
| 9/21/2017 | Listed for sale | $265,000+21.8%$92/sqft |
Source: Keller Williams Market Place #1933197 Report a problem | ||
| 9/5/2017 | Sold | $217,500-7.4%$76/sqft |
Source: Public Record Report a problem | ||
| 4/30/2017 | Listing removed | $235,000$82/sqft |
Source: Source Realty #1816707 Report a problem | ||
| 7/15/2016 | Pending sale | $235,000$82/sqft |
Source: Source Realty #1816707 Report a problem | ||
| 7/15/2016 | Listed for sale | $235,000$82/sqft |
Source: Source Realty #1816707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,663 +8% | $68,840 +7.7% |
| 2025 | $1,540 -22.8% | $63,942 -5% |
| 2024 | $1,996 +51% | $67,276 +18.3% |
| 2023 | $1,321 +8% | $56,874 +9.7% |
| 2022 | $1,224 +7.7% | $51,827 +8% |
| 2021 | $1,136 +6.8% | $47,992 +7.6% |
| 2020 | $1,064 +4.8% | $44,588 +41.9% |
| 2019 | $1,015 -28.5% | $31,425 |
| 2018 | $1,420 | $31,425 +2.8% |
| 2017 | $1,420 | $30,567 +5.9% |
| 2016 | $1,420 +50.1% | $28,860 |
| 2015 | $947 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: East Las Vegas
Nearby schools
GreatSchools rating
- 3/10Arturo Cambeiro Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10J D Smith Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10Desert Pines High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: ,
Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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