2 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
Schools Nearby

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
ParkingPaved
Year Built1963
HeatingCentral, Electric
CoolingCentral Air
MLS #2561451
Lot Size0.16 Acres
StatusActive

About 718 W Wilson Ave

718 Wilson is a well-maintained *Opportunity Zone* fourplex, garden style, single-story units. Recently updated with newer windows, water heater, and central air conditioning units. The property has long-term tenants and a convenient location in the central Las Vegas submarket, near downtown and with easy freeway access. The property has recently been gated and enclosed, creating a courtyard environment. A two-minute drive from Jackson Avenue, which offers a vibrant mix of new restaurants, lounges, and public exhibits. The property will generate an annual income of approximately $54,000 at 100% occupancy. Operating expenses for the property are low. There are opportunities to increase income by utilizing the laundry room area with machines, leasing out the storage room, and implementing (RUBs) to offset utility expenses. Property taxes are only $918 per year. Call to request Offering Memorandum with Rent Roll.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1963
  • Stories: 1
  • 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: Paved

Virtual/3D Tour

  • Virtual Tour: 718 W Wilson Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Canyon Springs High School, Public Magnet Grades 9-12
  • West Prepatory Academy, Public District Grades 6-8
  • Wendell P. Williams Elementary School, Public District Grades PK-5
  • Jack Dailey Elementary School, Public District Grades 1-5
  • Gene Ward Elementary School, Public District Grades PK-5

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

$408.9K

Med. Price/SqFt

$242

Avg. Days On Market

37

# of Sold Homes

1614

718 W Wilson Ave vs Las Vegas

71 DAYS ON ROCKET

+34 Days

$625,000

+$216K More

$273/SqFt

+$30 More

KEY TAKEAWAY

This property is $216K more than the Median Sold Price and $30/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: #2561451

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: 5/1/2024, 7:20:14 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

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.

Elementary School

school-card-donut-4336287
3
/10

  • Wendell P. Williams Elementary School

  • 1030 J St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-4336288
6
/10

  • Jack Dailey Elementary School

  • 2001 E Reno Ave

  • 5.91 miles

  • Public District Grades 1-5

school-card-donut-4336289
2
/10

  • Gene Ward Elementary School

  • 1555 E Hacienda Ave

  • 6.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4336290
4
/10

  • West Prepatory Academy

  • 2050 Saphire Stone Ave

  • 1.39 miles

  • Public District Grades 6-8

High School

school-card-donut-4336291
2
/10

  • Canyon Springs High School

  • 350 E Alexander Rd

  • 3.88 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,155. The most common annual income of people living in Las Vegas, NV is less than $35k. Residents typically live in single, no kids family. Residents of this area typically 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 February 20, 2024 and is currently priced at $625,000.

Over 333 listings were sold over their listed price in March 2024 in Las Vegas, NV. In the same period over 873 listings were sold below the listed price and 408 listings were sold for the listed price. In March 2024 in Las Vegas, NV there were 9.4% more homes for sale than in February 2024. Listings spent 37 days on the market in March 2024, and had a median list price of $408,990 during the same period.

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

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