1569 Hialeah Dr - Apartments FOR SALE


Las Vegas, NV 89119- University District
$550,000 USD
702-408-2289
1569 Hialeah Dr, Las Vegas, NV for Sale
$550,000 USD
Apartments - FOR SALE
1/24
null | 6.19% Cap Rate

1569 Hialeah Dr
Las Vegas, NV 89119
University District


HIGHLIGHTS

  • Immediate Cash Flow – Fully leased with an actual 6% CAP rate
  • Spacious Living – Two large 2-bed/2-bath units with private garages and outdoor space
  • Turnkey Condition – Well-maintained interiors and systems; no deferred maintenance
  • Low-Hassle Asset – Xeriscaped yards for minimal upkeep
  • Desirable Features – Fireplaces, courtyards, and full appliance packages in each unit
  • Growth Potential – Significant upside from surrounding redevelopment activity

OVERVIEW

Prime Duplex Near UNLV, South Strip and Harry Reid Airport Offered at $550,000 Unlock a rare off-market investment opportunity just minutes from the University of Nevada, Las Vegas (UNLV). Situated on a generous ¼-acre lot, this fully occupied duplex offers both immediate cash flow and long-term upside in one of Las Vegas’s fastest-transforming submarkets. Built in 1977 and totaling 2,067 SF, the property features two spacious 2-bedroom, 2-bathroom units, each with a private garage, fireplace, full appliance package, and a private courtyard—providing comfort, privacy, and functionality that attract quality tenants. Property Highlights: • Turnkey Condition – Well-maintained with no immediate repair needs • Low-Maintenance Landscaping – Professionally xeriscaped yards for cost efficiency and curb appeal • Attached Garages + Private Outdoor Spaces – Tenant-favored amenities that reduce turnover • Stable In-Place Income – Fully leased with reliable tenants • Built-In Appreciation Potential – Proximity to transformative redevelopment initiatives Strategic Location Benefits: • Minutes from Las Vegas Strip, Harry Reid International Airport, and Sunrise Hospital • Walking distance to UNLV, the UNLV Tech Park, Midtown UNLV, and Maryland Parkway revitalization • Located amid billions in public and private investment driving new student housing, retail, mixed-use projects, and enhanced transit infrastructure • Strong demand from students, healthcare workers, airport employees, and professionals

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

6.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Las Vegas Strip–UNLV–Airport Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential Single-Family

APN/PARCEL ID

162-23-311-003

ASK ABOUT THIS PROPERTY

Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.