$474,998New this week

405 N 15th StreetLas Vegas, NV 89101

  • – beds
  • – baths
  • 1,920 sq ft
  • 6,534 sq ft lot
  • Built 1954

Listed by Valeria G. Mariscal-Marquez, Galindo Group Real Estate, 702-501-9963

$247 per sq ft3 days on marketIDX MLS 2825753

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About this home

INVESTMENT OPPORTUNITY! Centrally located Las Vegas fourplex featuring four 1-bedroom, 1-bathroom units, each approximately 480 sq ft. With three units currently vacant, this property offers a great opportunity for investors to establish new leases and maximize rental potential. One unit is currently tenant-occupied at $900/month, with a history of low tenant turnover. Featuring one remodeled unit, all-electric utilities, and no HOA! Situated on an approximately 6,534 sq ft lot with convenient access to Downtown Las Vegas, shopping, dining, and major roadways.

Read more

Whether you're looking to expand your rental portfolio or explore a value-add opportunity, this fourplex offers flexibility and potential. Interior pictures are only from unit 3.

How does this home compare?

At $247 a square foot, this home is 5% below the Downtown Las Vegas median of $260. It is larger than 75% of the 175 homes for sale there.

  • Priced higher than61%
  • Larger than75%
  • Listed longer than29%

Compared with the 175 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
1,920 sq ft
Stories
2
Year built
1954
Solar power
Yes

Inside

Heating
Electric, Wall Furnace
Cooling
Window Units
Flooring
Luxury Vinyl Plank, Other, Tile
Appliances
Refrigerator
Laundry
Common Area, Laundry Room

The lot and outside

Lot
6,534 sq ft
Parking
Other, Paved
Roof
Other
Built of
Other

Costs

Property tax
$1,116 a year

The community

Neighborhood
Fourteenth Street City Add
Community
Downtown Las Vegas

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

Pick a day to see it

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 405 N 15th Street?

In Fourteenth Street City Add, 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 $474,998 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 $2,806
  • Principal and interest$2,402
  • Property tax$237
  • 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 $349,000 over the last 12 months, usually in about 47 days at 96.7 percent of the original list price. With 176 homes for sale, that is 9.4 months of supply. Supply is high, which gives buyers room to negotiate.

Median sold price
$349,000
Median days to sell
47
Sale to original price
96.7%
Months of supply
9.4

Median sold price by month

$250K
$300K
$350K
$400K
$367K

Closed sales in Downtown Las Vegas, last 12 months, 191 sales. LVR data as of October 19, 2026.

Prices

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

Downtown Las Vegas has 176 homes for sale. The most, 44, are priced between $300K and $400K.

Lifestyles

What other kinds of homes are for sale in Downtown Las Vegas?

Las Vegas has 1,661 luxury homes, 388 golf course homes, and 1,434 guard gated homes for sale today.

Luxury homes1,661 for sale in Las Vegas Golf course homes388 for sale in Las Vegas Guard gated1,434 for sale in Las Vegas High rise condos634 for sale in Las Vegas 55+ communities497 for sale in Las Vegas Pool homes2,440 for sale in Las Vegas
Fine print
  • Listing information from LVR IDX, refreshed October 19, 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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