$674,88843 days on market
bedrooms bathrooms3,356 square feet
716 N 11th Street, Las Vegas 89101
Real Broker LLC
Stewart AddIDX MLS 2810060
$675,000Single story
2508 E Mesquite AvenueLas Vegas, NV 89101
- – beds
- – baths
- 2,870 sq ft
- 6,534 sq ft lot
- Built 1963
Listed by Deshawn L. Williams, Realty ONE Group, Inc, 702-898-7575
About this home
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.
Read more
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.
How does this home compare?
At $235 a square foot, this home is 12% below the Downtown Las Vegas median of $268. It is larger than 82% of the 161 homes for sale there.
- Priced higher than85%
- Larger than82%
- Listed longer than49%
Compared with the 161 homes for sale in Downtown Las Vegas today, from the MLS listings on this site.
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
- Luxury Vinyl Plank
- Appliances
- Refrigerator, Water Heater
- Features
- Window Treatments
The lot and outside
- Lot
- 6,534 sq ft
- Roof
- Composition, Flat, Shingle
- Built of
- Stucco
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
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Chris CasielloFive Star Mortgage · NMLS 1401517
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Tour this home
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Get pre-approved
Or apply online with Chris
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
Optional. You are free to use any lender.
Where it is
Where is 2508 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.
Cost of ownership
What would this home cost each month?
At the list price of $675,000 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 $3,917
- Principal and interest$3,413
- Property tax$338
- 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.
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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.