Active listing · Multi-family home
$689,000
2516 Ellis Street
North Las Vegas, NV 89030
- Bedrooms
- Not reported
- Bathrooms
- Not reported
- Interior
- 3,204 sq ft
- Price per sq ft
- $215
- Excellent
- 1963
- Lot size
- 8,712 sq ft
- HOA dues
- None
- On the market since Oct 27
- 9 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$3,81620% down · 7.4% average rate · 30 years · conventional
- Taxes (from the listing)$140the listing’s annual tax bill, $1,677 a year
- Insurance (estimated)$150an example figure, not a quote
- HOA (from the listing)$0
- Cash for the down payment$137,800
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
GREAT OPPORTUNITY FOR FIRST-TIME OR EXPERIENCED INVESTORS! FOURPLEX | NO HOA | RECENT RENOVATIONS | INCOME & UPSIDE POTENTIAL Looking to get started in multifamily investing or add another income-producing property to your portfolio? This North Las Vegas fourplex offers a great combination of established rental income, recent improvements, and room to grow. 2516 Ellis features four spacious 2-bedroom, 1-bath units, all on one level. With three units already rented and the fourth recently renovated and available for lease, a new owner has the opportunity to increase rental income right away. Income From Day One: Three occupied units currently generate $4,335 per month. Immediate Rental Upside: Lease the fourth, renovated unit at a projected $1,450 per month to increase scheduled rental income to $5,785 monthly. Recent Improvements: Two units renovated in 2024, including a new A/C system in Unit D. Simple, Practical Layout: Four identical 2-bedroom, 1-bath units in a single-story building, making leasing and maintenance more straightforward. No HOA: No monthly association dues cutting into your rental income. Convenient Location: Close to I-15, Downtown Las Vegas, shopping, schools, parks, and everyday amenities. Whether you're purchasing your first rental property or expanding an existing portfolio, this fourplex offers a practical entry into multifamily ownership with existing tenants, recent renovations, and an opportunity to improve cash flow. Offering Memorandum, rent roll, and investment analysis available upon request. Showings by appointment only.
Property details
- Home type
- Multi-family
- Excellent
- 1963
- Lot size
- 8,712 sq ft
- Story
- 1
- Parking
- Paved
- HOA dues
- None
- On the market since Oct 27
- 9 days
Inside
- Flooring
- Luxury Vinyl Plank
- Tile
Kitchen & laundry
- Appliances
- Refrigerator
- Water Heater
Outside & lot
- Exterior
- Private Yard
Building
- Style
- Fourplex
- Construction
- Block
- Stucco
- Roof
- Pitched
Parking
- Parking
- Paved
Systems & utilities
- Cooling
- Central Air
- Heating
- Central
- Electric
- Water
- Public
- Sewer
- Public Sewer
Community
- Subdivision
- Arrowhead Acres Tr
This listing
Listed at $689,000 on Oct 27, 2026. No price changes since.
- Financing considered
- Cash
- Conventional
- FHA
- VA Loan
Price history covers this listing only. MLS rules do not allow past sales to be shown.
Taxes & dues
- Property tax
- $1,677/yr
- HOA dues
- None
- Price per sq ft
- $215
- Parcel number
- 139-13-410-167
As reported by the listing; about $140 a month.
Listing data updated Nov 5, 2026, 12:06 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.