3 months on rocket

718 W Wilson Ave, Las Vegas, NV, 89106

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
2,288 SqFt
$273/SqFt
Multi

Location

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718 W Wilson Ave, Las Vegas$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAlley Access, Paved
Year Built1963
HeatingCentral, Electric
CoolingCentral Air
MLS #2616436
Lot Size0.16 Acres
StatusActive

About 718 W Wilson Ave

Located in the Historic Westside and part of the Vision 2045 Downtown City of Las Vegas Master Plan, 718 Wilson is a well-maintained, garden-style fourplex in a designated Opportunity Zone. This single-story property has been updated with new windows, a water heater, and central air conditioning units. Conveniently located near downtown Las Vegas with easy freeway access, the property also features a gated courtyard for added privacy. With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1963
  • Living Area: 2,288 SqFt

Listing Office:

  • Office Name: Simply Vegas
  • Office Phone: (702) 408-2289
  • Listing Agent: Catherine Hyde

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile
  • Interior: Storage

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Parking: Alley Access, Paved

Virtual/3D Tour

  • 3D Tour: 718 W Wilson Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From downtown Las Vegas head north east on City Parkway towards W. Carson Ave. Turn left onto W. Bonanza Rd. Turn right onto H St. Turn right onto W. Wilson Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $273/SqFt
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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

$431.5K

Med. Price/SqFt

$254

Avg. Days On Market

39

# of Sold Homes

1305

718 W Wilson Ave vs Las Vegas

96 DAYS ON ROCKET

+57 Days

$625,000

+$193.4K More

$273/SqFt

+$19 More

KEY TAKEAWAY

This property is $193.4K more than the Median Sold Price and $19/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: #2616436

Listing Office:

  • Office Name: Simply Vegas
  • Office Phone: (702) 408-2289
  • Listing Agent: Catherine Hyde

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: 12/18/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2021Home Sold
$450,000
Nov 05, 2020Home Sold
$250,000
Dec 04, 2017Home Sold
$179,000
Jun 06, 2012Home Sold
$47,000
Apr 27, 2012Home Sold
$26,500
May 15, 2003Home Sold
$280,000
Mar 24, 1999Home Sold
$35,000

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-4366024
7
/10

  • Hoggard Mabel Elementary School

  • 950 N Tonopah Dr

  • 1.03 miles

  • Public Magnet Grades PK-5

school-card-donut-4366025
5
/10

  • Carson Kit Elementary School

  • 1735 D St

  • 1.04 miles

  • Public Magnet Grades PK-5

school-card-donut-4366026
7
/10

  • West Prepatory Academy at Charles I West Hall Elementary School

  • 1950 Pink Rose St

  • 1.39 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,155. Typical income of Las Vegas, NV residents is less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Clark County›Las Vegas›89106›718 W Wilson Ave

This home is located at 718 W Wilson Ave in Las Vegas, NV and zip code 89106 in the Las Vegas Original Townsite neighborhood. This 2,288 square foot home, which was built in 1963, sits on a 0.16 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $625,000.

In November 2024 more than 200 listings in Las Vegas, NV were sold above the asking price. During the same period more than 342 listings were sold at asking price, while more than 762 were sold below. The number of listings in Las Vegas, NV increased by 3.2% between October 2024 and November 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $431,527.

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

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