1153 Sierra Vista Drive, Las Vegas, NV, 89169
Photos
1 / 3010 days on market · Listed July 20, 2026
About 1153 Sierra Vista Drive
H-1 ZONING!! Exceptional opportunity to acquire a fully occupied 4-plex at 1153 Sierra Vista Drive, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive Net Operating Income (NOI) of $84,205, representing approximately a 6.4% cap rate based on the current list price. This well-maintained asset has been updated and is in excellent condition, including all new HVAC/air conditioning units, helping minimize future capital expenditures. Residents also enjoy access to a shared swimming pool and a shared coin-operated laundry facility, creating additional income potential. Best of all, there is no HOA, keeping operating costs lower and maximizing investor returns. A key feature that sets this property apart is its highly desirable H-1 (Limited Resort & Apartment) zoning. The adjacent 4-plex at 1165 Sierra Vista Drive is also available for purchase and is similarly zoned H-1. Each property may be purchased individually or together. For investors seeking a larger portfolio, purchasing both buildings creates an attractive investment with a combined capitalization rate of approximately 6.4% while increasing economies of scale and management efficiency. Adding to the opportunity, the adjacent H-1 zoned parcel is also available for sale. A developer could acquire all three properties, creating a unique assemblage for future hospitality, motel, hotel, or other compatible redevelopment, subject to applicable governmental approvals.
Facts & features 1153 Sierra Vista Drive, Las Vegas, NV 89169
Listing courtesy of Signature Real Estate Group, Mark Anthony A. Posner, 702-799-9598.
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air
Laundry
- Common Area, Laundry Room
Features
- Furnished: Unfurnished
Interior area
- Total interior livable area: 4,274 sqft
- Building area: 4,274 sqft
Property
Features
- Stories: 2
- Patio & porch: Balcony
Lot
- Size: 7,405 sqft (0.17 acres)
Details
- Parcel number: 162-15-511-009
Construction
Type & style
- Home type: Multi Family
- Property subtype: Multi Family
- Architectural style: Fourplex
Materials
- Block
- Roof: Tile
Condition
- Good Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Subdivision: Maryland Gardens
- Area: Las Vegas
- County: Clark
HOA
- Has HOA: No
- Amenities: Pool
Financial & listing details
- Price per square foot: $307/sqft
- Annual tax amount: $2,015
- Original list price: $1,310,000
- Date on market: 7/20/2026
- Days on market: 10
- Listing terms: Cash, Conventional, FHA, VA Loan
- MLS#: 2801616
Why you'll love 1153 Sierra Vista Drive in Maryland Gardens, Las Vegas, NV
1153 Sierra Vista Drive is for sale in Maryland Gardens, Las Vegas, NV, a multi-family home. It offers approximately 4,274 square feet of living space and was built in 1963. It is offered at $1,310,000, MLS# 2801616.
Inside, 1153 Sierra Vista Drive features 2 stories, Central, Electric heat and Central Air cooling. Laundry: Common Area, Laundry Room. It sits on a lot of roughly 7,405 square feet (about 0.17 acres).
Maryland Gardens sits within Las Vegas, with the shopping, dining, parks, and freeway access buyers search for here. Annual property taxes are approximately $2,015. To tour 1153 Sierra Vista Drive in Maryland Gardens, contact Teresa A. Soldo, Broker Salesperson · Top 1% of Las Vegas REALTORS®, to schedule a private showing.
Questions about 1153 Sierra Vista Drive, Las Vegas
How much does 1153 Sierra Vista Drive, Las Vegas cost?
1153 Sierra Vista Drive, Las Vegas is listed at $1,310,000, about $307 per square foot.
How big is 1153 Sierra Vista Drive?
The home offers 4,274 sq ft of living space.
What year was 1153 Sierra Vista Drive built?
It was built in 1963.
Where is 1153 Sierra Vista Drive located?
It is in Maryland Gardens, Las Vegas, NV 89169, within the Las Vegas area.
How do I schedule a showing at 1153 Sierra Vista Drive?
Send a message through this page or call 917-250-6204 and Teresa will arrange a private showing.
Location
MLS# 2801616. Listing courtesy of Signature Real Estate Group, Mark Anthony A. Posner, 702-799-9598.
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. LVRMLS deems information reliable but not guaranteed.
This data is based on information from the Greater Las Vegas Association of REALTORS® (GLVAR) Multiple Listing Service (MLS). This information is deemed reliable but is not guaranteed. MLS collects, compiles and distributes information about homes listed for sale by its subscribers who are real estate agents. MLS subscription is available to all real estate agents licensed in Nevada, but is not available to the general public. Not all licensed agents subscribe to the MLS. MLS does not include all new homes available or listings from non-MLS agents, nor does it include properties for sale by owner. The territorial jurisdiction of the GLVAR as a member of the National Association of REALTORS® includes Clark, Nye, Lincoln and White Pine Counties, Nevada, and such other areas as from time to time may be allocated to the GLVAR by the Board of Directors of the National Association of REALTORS®.
Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved. Last updated: Oct 18, 2026, 08:40 AM PT.
To report an inaccuracy in data added by this site, contact Teresa A. Soldo. See our DMCA notice.
