Active listing · Land
$985,000
227 Saint Louis Avenue
Las Vegas, NV 89102
- Lot size
- 10,454 sq ft
- HOA dues
- None
- On the market since May 8
- 181 days
Estimated payment
On assumptions, not terms you set: 20% down · 7.4% average rate · 30 years · conventional. Set your own in Buying power
- Principal & interest$5,45620% down · 7.4% average rate · 30 years · conventional
- Taxes (from the listing)$140the listing’s annual tax bill, $1,679 a year
- Insurance (estimated)$150an example figure, not a quote
- HOA (from the listing)$0
- Cash for the down payment$197,000
Estimate for educational and illustrative purposes only, from the assumptions shown, which you can change. It is not a loan offer, a Loan Estimate, a pre-qualification, an approval or a commitment to lend. The 7.4% interest rate is Freddie Mac’s national average for a 30-year mortgage, week of Oct 15, 2026. It is an average, not a rate offered by La Souq or Vision Home Mortgage; confirm the rate, APR, points and fees with your lender. The payment includes estimated property tax, insurance, HOA dues and mortgage insurance from those assumptions and the listing; your actual payment obligation will differ and may be greater. Property taxes can change after a sale, and home insurance should be quoted by an insurer. This estimate assumes a conventional loan. Mortgage insurance (estimated): 0.5% of the loan per year with less than 20% down; none otherwise. Loan program figures are as of October 14, 2026. Choosing a loan type here does not mean you qualify for it. All loans are subject to credit approval and underwriting. La Souq does not make loans. Confirm every figure with a licensed lender.
Location and directions
The route is drawn on the map above. Leave the box blank for the way to where you are now.
About this home
Rare opportunity to acquire 0.47 acres of vacant multifamily land in the heart of the redeveloping Gateway District, just steps from The Strat, Sahara Las Vegas, Atomic Golf, & Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, this site is positioned for a multifamily development capitalizing on one of the most dynamic urban infill corridors in the valley. Located within a designated Opportunity Zone, the property offers significant long-term tax advantages for qualified investors. Surrounded by active renovation and new construction — including The Myles & Gemma — the Gateway District is following the trajectory of the adjacent Arts District, with development momentum moving south. With strong rent growth, superior occupancy fundamentals, & proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, & long-term capital. Two parcels offered together (APNs 162-04-710-094 & 095). Owner/Licensee.
Property details
- Home type
- Land
- Lot size
- 10,454 sq ft
- HOA dues
- None
- On the market since May 8
- 181 days
Systems & utilities
- Utilities
- Electricity Available
- Water
- Public
- Sewer
- Public Sewer
Community
- Subdivision
- Meadows Add
This listing
Listed at $985,000 on May 8, 2026. No price changes since.
- Financing considered
- Cash
Price history covers this listing only. MLS rules do not allow past sales to be shown.
Taxes & dues
- Property tax
- $1,679/yr
- HOA dues
- None
- Parcel number
- 162-04-710-094
As reported by the listing; about $140 a month.
Listing data updated Nov 5, 2026, 12:50 PM PST.
IDX The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. LVR MLS deems information reliable but not guaranteed. Copyright 2026 of the Las Vegas REALTORS® MLS. All rights reserved. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.