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$482,500Price reduced

Reduced from $499,900

616 N 11th StreetLas Vegas, NV 89101

  • – beds
  • – baths
  • 2,088 sq ft
  • 6,970 sq ft lot
  • Built 1956

Listed by Nora E. Aguirre, Epique Realty, 888-893-3537

$231 per sq ft182 days on marketIDX MLS 2777810

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About this home

High rental income with clear potential for additional increases. Ideal investment property with strong existing cash flow and room to optimize rents. This well-maintained 4-plex provides multiple income-producing units, making it ideal for both new and seasoned investors looking to expand their portfolio. With strong rental demand in the area and stable occupancy, this property delivers consistent returns and low-maintenance ownership. A smart addition for anyone seeking reliable passive income and long-term equity growth.

How does this home compare?

At $231 a square foot, this home is 10% below the Downtown Las Vegas median of $256. It is larger than 76% of the 178 homes for sale there.

  • Priced higher than63%
  • Larger than76%
  • Listed longer than86%

Compared with the 178 homes for sale in Downtown Las Vegas today, from the MLS listings on this site.

What has the price done?

Listed 182 days ago at $499,900. The price has come down once, $17,400 in all (3%).

  1. Listed$499,900
  2. Price cut $17,388$482,500

Facts and features

The home

Type
Multi Family
Living area
2,088 sq ft
Stories
1
Year built
1956
Primary bedroom
Downstairs

Inside

Heating
Central, Gas
Cooling
Central Air
Flooring
Other

The lot and outside

Lot
6,970 sq ft
Roof
Composition, Shingle
Built of
Stucco

Costs

Property tax
$1,164 a year

The community

Neighborhood
Stewart Add
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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Where it is

Where is 616 N 11th Street?

In Stewart 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 $482,500 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 $2,848
  • Principal and interest$2,440
  • Property tax$241
  • 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 Dunlap Real Estate Team.

Market

What are homes selling for in Downtown Las Vegas?

Homes in Downtown Las Vegas sold for a median of $320,000 over the last 12 months, usually in about 37 days at 96.4 percent of the original list price. With 120 homes for sale, that is 7.8 months of supply. Supply is high, which gives buyers room to negotiate.

Median sold price
$320,000
Median days to sell
37
Sale to original price
96.4%
Months of supply
7.8

Median sold price by month

$250K
$300K
$350K
$400K
$360K

Closed sales in Downtown Las Vegas, last 12 months, 164 sales. GLVAR data as of November 2, 2026.

Prices

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

Downtown Las Vegas has 179 homes for sale. The most, 48, are priced between $300K and $400K.

Lifestyles

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

Las Vegas has 442 henderson luxury homes, 601 henderson pool homes, and 118 henderson golf homes for sale today.

Henderson luxury homes442 for sale in Las Vegas Henderson pool homes601 for sale in Las Vegas Henderson golf homes118 for sale in Las Vegas Henderson condos194 for sale in Las Vegas 55+ communities488 for sale in Las Vegas Guard gated1,440 for sale in Las Vegas
Fine print
  • Listing information from GLVAR IDX, refreshed November 2, 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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