Real Broker LLC
Reduced from $499,900
616 N 11th StreetLas Vegas, NV 89101
- – beds
- – baths
- 2,088 sq ft
- 6,970 sq ft lot
- Built 1956
Listed by Nora E. Aguirre, Epique Realty, 888-893-3537
About this home
High rental income with clear potential for additional increases. Ideal investment property with strong existing cash flow and room to optimize rents. This well-maintained 4-plex provides multiple income-producing units, making it ideal for both new and seasoned investors looking to expand their portfolio. With strong rental demand in the area and stable occupancy, this property delivers consistent returns and low-maintenance ownership. A smart addition for anyone seeking reliable passive income and long-term equity growth.
How does this home compare?
At $239 a square foot, this home is 12% below the Downtown Las Vegas median of $273. It is larger than 76% of the 162 homes for sale there.
- Priced higher than66%
- Larger than76%
- Listed longer than70%
Compared with the 162 homes for sale in Downtown Las Vegas today, from the MLS listings on this site.
What has the price done?
Listed 102 days ago at $499,900. The price has come down once, $12 in all (0%).
- Listed$499,900
- Price cut $12$499,888
Facts and features
The home
- Type
- Multi Family
- Living area
- 2,088 sq ft
- Stories
- 1
- Year built
- 1956
- Primary bedroom
- Downstairs
Inside
- Heating
- Central, Gas
- Cooling
- Central Air
- Flooring
- Other
The lot and outside
- Lot
- 6,970 sq ft
- Roof
- Composition, Shingle
- Built of
- Stucco
Costs
- Property tax
- $1,164 a year
The community
- Neighborhood
- Stewart Add
- Community
- Downtown Las Vegas
- Gated
- No
Schools
- Elementary
- ,
As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD
Know your number before you tour
Sellers take offers with a pre-approval more seriously. Chris Casiello at Five Star Mortgage can usually pre-approve you within a day.

Optional. You are free to use any lender.
Pick a time to see it
Free, no obligation. Vegas confirms by text.
Know your number before you tour
Sellers take offers with a pre-approval more seriously. Chris Casiello at Five Star Mortgage can usually pre-approve you within a day.

Optional. You are free to use any lender.
Where is 616 N 11th Street?
In Stewart Add, part of Downtown Las Vegas, Las Vegas. The prices on the map are 6 similar homes for sale nearby.
What would this home cost each month?
At the list price of $499,888 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.
- Principal and interest$2,528
- Property tax$250
- Home insurance$167
- HOA dues$0
Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from Vegas Paradise Homes.
What are homes selling for in Downtown Las Vegas?
Homes in Downtown Las Vegas sold for a median of $347,000 over the last 12 months, usually in about 40 days at 96.8 percent of the original list price. With 163 homes for sale, that is 9 months of supply. Supply is high, which gives buyers room to negotiate.
- Median sold price
- $347,000
- Median days to sell
- 40
- Sale to original price
- 96.8%
- Months of supply
- 9
Median sold price by month
| Month | Median sold price | Sales |
|---|---|---|
| Nov 2025 | $358,075 | 10 |
| Dec 2025 | $330,000 | 11 |
| Jan 2026 | $297,500 | 6 |
| Feb 2026 | $370,000 | 17 |
| Mar 2026 | $350,000 | 23 |
| Apr 2026 | $334,500 | 24 |
| May 2026 | $360,000 | 11 |
| Jun 2026 | $324,000 | 23 |
| Jul 2026 | $350,000 | 21 |
| Aug 2026 | $322,340 | 15 |
| Sep 2026 | $280,000 | 15 |
| Oct 2026 | $370,000 | 5 |
Closed sales in Downtown Las Vegas, last 12 months, 190 sales. LVR data as of October 10, 2026.
How many Downtown Las Vegas homes are for sale at each price?
Downtown Las Vegas has 163 homes for sale. The most, 47, are priced between $300K and $400K.
- Listing information from LVR IDX, refreshed October 10, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
- The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.

