2516 Ellis Street, North Las Vegas, NV, 89030
Photos
1 / 230 days on market · Listed October 27, 2026
About 2516 Ellis Street
GREAT OPPORTUNITY FOR FIRST-TIME OR EXPERIENCED INVESTORS! FOURPLEX | NO HOA | RECENT RENOVATIONS | INCOME & UPSIDE POTENTIAL Looking to get started in multifamily investing or add another income-producing property to your portfolio? This North Las Vegas fourplex offers a great combination of established rental income, recent improvements, and room to grow. 2516 Ellis features four spacious 2-bedroom, 1-bath units, all on one level. With three units already rented and the fourth recently renovated and vacant, a new owner has the opportunity to increase rental income right away. Income From Day One: Three occupied units currently generate $4,335 per month. Immediate Rental Upside: Lease the vacant, renovated unit at a projected $1,450 per month to increase scheduled rental income to $5,785 monthly. Recent Improvements: Two units renovated in 2024, including a new A/C system in Unit D. Simple, Practical Layout: Four identical 2-bedroom, 1-bath units in a single-story building, making leasing and maintenance more straightforward. No HOA: No monthly association dues cutting into your rental income. Attractive Investment Potential: Estimated 5.2% in-place CAP rate with a projected 7.4% stabilized CAP rate once the vacant unit is leased. Convenient Location: Close to I-15, Downtown Las Vegas, shopping, schools, parks, and everyday amenities. Whether you're purchasing your first rental property or expanding an existing portfolio, this fourplex offers a practical entry into multifamily ownership with existing tenants, recent renovations, and an opportunity to improve cash flow. Offering Memorandum, rent roll, and investment analysis available upon request. Showings by appointment only, contact listing agent.
Facts & features 2516 Ellis Street, North Las Vegas, NV 89030
Listing courtesy of Simply Vegas, Catherine Hyde, 702-568-6800.
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator, Water Heater
Features
- Flooring: Luxury Vinyl Plank, Tile
- Furnished: Unfurnished
Interior area
- Total interior livable area: 3,204 sqft
- Building area: 3,204 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 1
- Private Yard
Lot
- Size: 8,712 sqft (0.2 acres)
Details
- Parcel number: 139-13-410-167
Construction
Type & style
- Home type: Multi Family
- Property subtype: Multi Family
- Architectural style: Fourplex
Materials
- Block, Stucco
- Roof: Pitched
Condition
- Excellent, Resale
- Year built: 1963
- Year built details: RESALE
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Subdivision: Arrowhead Acres Tr
- Area: North Las Vegas
- County: Clark
HOA
- Has HOA: No
Financial & listing details
- Price per square foot: $215/sqft
- Annual tax amount: $1,677
- Original list price: $689,000
- Date on market: 10/27/2026
- Days on market: 0
- Listing terms: Cash, Conventional, FHA, VA Loan
- MLS#: 2829962
Why you'll love 2516 Ellis Street in Arrowhead Acres Tr, North Las Vegas, NV
2516 Ellis Street is for sale in Arrowhead Acres Tr, North Las Vegas, NV, a multi-family home. It offers approximately 3,204 square feet of living space and was built in 1963. It is offered at $689,000, MLS# 2829962.
Inside, 2516 Ellis Street features single-level living, Central, Electric heat, Central Air cooling and Luxury Vinyl Plank, Tile flooring. The kitchen includes Refrigerator, Water Heater. Outdoor features include Private Yard. For parking, the property offers paved. It sits on a lot of roughly 8,712 square feet (about 0.2 acres).
Arrowhead Acres Tr sits within North Las Vegas, with the shopping, dining, parks, and freeway access buyers search for here. Annual property taxes are approximately $1,677. To tour 2516 Ellis Street in Arrowhead Acres Tr, contact Teresa A. Soldo, Broker Salesperson · Top 1% of Las Vegas REALTORS®, to schedule a private showing.
Questions about 2516 Ellis Street, North Las Vegas
How much does 2516 Ellis Street, North Las Vegas cost?
2516 Ellis Street, North Las Vegas is listed at $689,000, about $215 per square foot.
How big is 2516 Ellis Street?
The home offers 3,204 sq ft of living space.
What year was 2516 Ellis Street built?
It was built in 1963.
Where is 2516 Ellis Street located?
It is in Arrowhead Acres Tr, North Las Vegas, NV 89030, within the North Las Vegas area.
How do I schedule a showing at 2516 Ellis Street?
Send a message through this page or call 917-250-6204 and Teresa will arrange a private showing.
Location
MLS# 2829962. Listing courtesy of Simply Vegas, Catherine Hyde, 702-568-6800.
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 27, 2026, 01:20 PM PT.
To report an inaccuracy in data added by this site, contact Teresa A. Soldo. See our DMCA notice.
