www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34456820
34456807

2105 South 15th Street, Las Vegas, NV 89104 For Sale

DH
NV S.0189703, CA 01962800
Marcus & Millichap - Las Vegas
TH
NV 202910
Listed by Marcus & Millichap - Las Vegas
$555,000
2 days on market
Updated 2 days ago
Opportunity zone

2105 S 15th St

Details
APN 162-02-410-154
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,126
Net Rentable (SqFt) 2,126
Units 3
Cap Rate 5.24%
NOI $29,079
Pro-Forma Cap Rate 6.23%
Pro-Forma NOI $34,580
Price per SqFt $261
Year Built 1954
Buildings 1
Stories 1
Acreage 0.170
Zoning Medium-Low Density Residential (R-2)
Ownership Fee Simple

Surrounded by Urban Momentum

Marketing description

The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present 2105 South 15th Street, a multifamily investment opportunity in one of Las Vegas’ established residential neighborhoods, offering a diverse unit mix that appeals to a broad tenant base. The property’s central location provides convenient access to Downtown Las Vegas, the Las Vegas Strip, major employment centers, and several of the valley’s primary transportation corridors. Its position within a supply constrained infill neighborhood supports consistent renter demand from a variety of demographic groups. The combination of accessibility, neighborhood connectivity, and functional layouts creates a compelling long-term rental offering.

The surrounding area continues to benefit from meaningful public and private investment, highlighted by the planned Historic Commercial Center District redevelopment. This transformative mixed use project is expected to introduce new residential, entertainment, dining, and commercial uses that will further enhance the surrounding neighborhood. The property’s proximity to this redevelopment places it within an area experiencing renewed investment and expanding neighborhood amenities. Nearby access to employment, retail, education, and entertainment destinations further strengthens its appeal to residents.

Located within one of the Las Vegas Valley’s established urban corridors, the property benefits from strong regional connectivity and convenient access to major destinations throughout the metropolitan area. Its location offers residents efficient access to Downtown Las Vegas, the Las Vegas Strip, Harry Reid International Airport, and numerous employment centers throughout the valley. A balanced unit mix broadens the property’s appeal while supporting occupancy across multiple renter profiles. Combined with its strategic location near ongoing redevelopment activity, 2105 South 15th Street offers investors a well-positioned asset within an evolving urban submarket.

*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*

Investment highlights

  • Diverse Mix: The property’s efficient unit mix offers a combination of studio, two-bedroom, and three-bedroom floor plans to accommodate a broad range of resident needs. Spacious layouts, private patios in select units, and practical living spaces contribute to strong long-term tenant appeal.

  • Modern Interiors: Contemporary finishes create an attractive living environment that appeals to today’s renters. Brown shaker cabinetry, granite countertops, ceramic tile flooring, modern fixtures, and a neutral interior design provide a clean, updated appearance throughout the property.

  • Urban Revitalization: Located near Downtown Las Vegas, the property benefits from its proximity to a planned mixed-use redevelopment expected to transform the surrounding neighborhood. Continued public and private investment supports the area’s long-term residential appeal.

  • Central Location: Positioned within an established central Las Vegas neighborhood, the property offers convenient access to major employment, retail, healthcare, education, and entertainment corridors. Its highly connected location continues to support strong long-term residential demand.

Listing Contacts

DH
NV S.0189703, CA 01962800
Marcus & Millichap - Las Vegas
TH
NV 202910
Listed by Marcus & Millichap - Las Vegas

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,079.00
$2,423.25/mo

Valuation Metrics

0
DSCR
5.24%
Cap Rate
5.24%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Drew Holden
License
S.0189703
Brokerage
Marcus & Millichap
Brokerage Phone
7022157118
Title
Managing Director Investments
Brokerage Address
9205 West Russell Road
Name
Ty Hill
License
202910
Brokerage
Marcus & Millichap
Brokerage Phone
702-215-7101
Title
Real Estate Broker
Brokerage Address
9205 West Russell Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591