$609,000Price reduced

Reduced from $610,000

2504 E Mesquite AvenueLas Vegas, NV 89101

– beds
– baths
2,870 sq ft
6,098 sq ft lot
Built 1963

Listed by Alexis J. Davila Diaz, Fathom Realty, 888-455-6040

$212 per sq ft129 days on marketIDX MLS 2783842

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About this home

Prime multi-family investment opportunity featuring a FourPlex with three 2-bedroom units and one 1-bedroom unit totaling approximately 2,870 square feet. Each unit offers comfortable living spaces with functional layouts designed for everyday convenience. Centrally located near shopping, dining, schools, and freeway access, this property presents excellent rental potential and long-term upside for investors or owner-occupants alike.

How does this home compare?

At $212 a square foot, this home is 21% below the Downtown Las Vegas median of $268. It is larger than 82% of the 161 homes for sale there.

Priced higher than75%
Larger than82%
Listed longer than79%

Compared with the 161 homes for sale in Downtown Las Vegas today, from the MLS listings on this site.

What has the price done?

Listed 129 days ago at $610,000. The price has come down once, $1,000 in all (0%).

May 18Listed$610,000
Oct 1Price cut $1,000$609,000

Facts and features

The home

Type: Multi Family
Living area: 2,870 sq ft
Stories: 1
Year built: 1963
Primary bedroom: Downstairs

Inside

Heating: Central, Electric
Cooling: Central Air
Flooring: Tile
Appliances: Oven, Range, Refrigerator
Features: Window Treatments

The lot and outside

Lot: 6,098 sq ft
Roof: Pitched
Built of: Stucco, Wood Frame

Costs

Property tax: $1,661 a year

The community

Neighborhood: Artesian Acres
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

Get pre-approved

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.

Chris CasielloFive Star Mortgage · NMLS 1401517

Or apply online with Chris

Optional. You are free to use any lender.

Tour this home

Pick a day to see it

Free, no obligation. Vegas confirms by text.

Vegas Paradise HomesReplies the same day

Call Text

Get pre-approved

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.

Chris CasielloFive Star Mortgage · NMLS 1401517

Or apply online with Chris

Optional. You are free to use any lender.

Where it is

Where is 2504 E Mesquite Avenue?

In Artesian Acres, part of Downtown Las Vegas, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Downtown Las Vegas guide Directions

Cost of ownership

What would this home cost each month?

At the list price of $609,000 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.

Estimated monthly payment $3,551

Principal and interest$3,079
Property tax$305
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.

Market

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 162 homes for sale, that is 8.9 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: 8.9

Median sold price by month

$250K

$300K

$350K

$400K

$370K

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 11, 2026.

Prices

How many Downtown Las Vegas homes are for sale at each price?

Downtown Las Vegas has 162 homes for sale. The most, 46, are priced between $300K and $400K.

Fine print

Listing information from LVR IDX, refreshed October 11, 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.