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$1,800,000New this week

2405 McCarran StreetNorth Las Vegas, NV 89030

  • – beds
  • – baths
  • 5,760 sq ft
  • 13,939 sq ft lot
  • Built 1963

Listed by Michael T. Oliver, Coldwell Banker Premier, 702-871-9500

$313 per sq ft0 days on marketIDX MLS 2803671

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About this home

"6-Unit Cash-Flowing Apartment Property with Approved Expansion Opportunity to 12 Units!" Rare Value-Add Multifamily Investment Opportunity! This exceptional offering includes two parcels: an income-producing 6-unit apartment property plus the adjacent vacant lot, creating a unique opportunity to expand an already performing asset. The existing improvements consist of two triplex buildings featuring six spacious 2-bedroom, 2-bath units, all currently occupied by tenants placed through HopeLink of Southern Nevada. Included in the sale are architectural plans (see photos) for the construction of two additional triplex buildings, increasing the property's potential from 6 units to 12 units.

Read more

The proposed buildings would be constructed north of the existing apartments, allowing the current six units to remain in place and continue generating income during development. An approximately 1,850-square-foot warehouse between the existing buildings would be removed and replaced with a beautifully designed central courtyard serving all 12 units. This is a rare opportunity to acquire a stabilized multifamily asset with a clear path to significantly increasing cash flow and long-term value. Ideal for investors, developers, or 1031 exchange buyers seeking immediate income with future upside. Buyers should independently verify zoning, development requirements, permits, utility capacity, and all approvals. Adding to the property's appeal, a brand-new North Las Vegas Fire Station is under construction immediately west of the property, reflecting continued public investment and neighborhood growth. Opportunities combining existing cash flow, expansion plans, additional land, and substantial upside are rarely available. Don't miss this chance to own a premier multifamily investment with immediate income and exceptional future potential.

How does this home compare?

At $313 a square foot, this home is 33% above the ZIP 89030 median of $235. It is larger than 100% of the 151 homes for sale there.

  • Priced higher than100%
  • Larger than100%
  • Listed longer than0%

Compared with the 151 homes for sale in ZIP 89030 today, from the MLS listings on this site.

Facts and features

The home

Type
Triplex
Living area
5,760 sq ft
Stories
2
Year built
1963

Inside

Heating
Central, Electric
Cooling
Central Air
Flooring
Other

The lot and outside

Lot
13,939 sq ft
Parking
Paved
Roof
Flat
Built of
Stucco, Wood Frame

Costs

Property tax
$2,510 a year

The community

Neighborhood
Arrowhead Acres Tr
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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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

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Free, no obligation. Vegas confirms by text.

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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 2405 McCarran Street?

In Arrowhead Acres Tr, North Las Vegas. The prices on the map are 2 similar homes for sale nearby.

Cost of ownership

What would this home cost each month?

At the list price of $1,800,000 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 $10,168
  • Principal and interest$9,102
  • Property tax$900
  • 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.

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.

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