8 days on rocket

512 N 1st St, Las Vegas, NV, 89101

$619,000

Home List Price

$7,351*

Closing Credit

0 Baths
1,575 SqFt
$393/SqFt
Multi

Location

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512 N 1st St, Las Vegas$619,000

Buyer Closing Credits

$7,351*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Year Built1945
HeatingCentral, Electric
CoolingCentral Air
MLS #2630947
Lot Size0.19 Acres
StatusActive

About 512 N 1st St

1,975 SF. RARE FIND! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. NO HOA..Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%..Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front patios, professionally designed, shared laundry room, Brand New Flooring..Brand New Kitchens...Brand New Bathrooms...Brand New AC. Near Las Vegas Blvd, Circa hotel, restaurants, shopping and more. Cameras, hardwired keypads, full iron fence. Rare oversized 8,300 SF lot with plenty of room to expand. C2 zoning will allow you to build storage spaces or more rooms & offices in yard. Designed for minimal expenses and maximum income, rents will only go up with this building. THIS IS MAILBOX MONEY.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1945
  • Living Area: 1,575 SqFt

Listing Office:

  • Office Name: Nevada LWF Inc.
  • Office Phone: (855) 456-4945
  • Listing Agent: Bradley K. Petersen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s)

Virtual/3D Tour

  • Virtual Tour: 512 N 1st St
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Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head southeast on Exit 75B toward N Casino Center Blvd, Turn right onto Stewart Ave, Turn right onto N Main St, Turn right onto E Bonanza Rd, Turn right onto N 1st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $619,000
  • Price Per SqFt: $393/SqFt

Tax Information:

  • Annual Amount: $593
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Las Vegas, NV.

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Las Vegas, NV

City

Med. Sold Price

$429.9K

Med. Price/SqFt

$253

Avg. Days On Market

37

# of Sold Homes

1457

512 N 1st St vs Las Vegas

8 DAYS ON ROCKET

-29 Days

$619,000

+$189K More

$393/SqFt

+$140 More

KEY TAKEAWAY

This property is $189K more than the Median Sold Price and $140/SqFt more than other homes in Las Vegas, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: GLVAR
  • MLS Number: #2630947

Listing Office:

  • Office Name: Nevada LWF Inc.
  • Office Phone: (855) 456-4945
  • Listing Agent: Bradley K. Petersen

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2024 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2017Home Sold
$180,000
Jul 20, 2016Home Sold
$106,000

Tax History

YEARPROP. TAXASSESSMENT
2021$593$28,879
2020$590$24,978
2019$553$24,556
2018$528$22,042

History based on county public records data.

Payment Calculator

$3,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,922

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-303907
3
/10

  • Halle Hewetson Elementary School

  • 701 N 20th St

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-303908
5
/10

  • Carson Kit Elementary School

  • 1735 D St

  • 1.20 miles

  • Public Magnet Grades PK-5

school-card-donut-303909
6
/10

  • Howard E. Hollingsworth Elementary School

  • 1776 E Ogden Ave

  • 1.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,417. The most common annual income of people living in Las Vegas, NV is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Clark County›Las Vegas›89101›512 N 1st St

This home is located at 512 N 1st St in Las Vegas, NV and zip code 89101 in the Biltmore neighborhood. This 1,575 square foot home, which was built in 1945, sits on a 0.19 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $619,000.

Over 242 listings were sold over their listed price in October 2024 in Las Vegas, NV. In the same period over 787 listings were sold below the listed price and 427 listings were sold for the listed price. The number of listings in Las Vegas, NV increased by 11.3% between September 2024 and October 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $429,997.

From Rocket Homes Real Estate and based on county public records data.

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