2508 Mesquite Avenue
About this home
Three of four units occupied and generating $3,850/month in rental income! This updated fourplex offers investors immediate cash flow with additional upside through lease-up of the remaining available unit. Major capital improvements have already been completed, including brand-new building-wide plumbing (2024), updated water heaters, renovated bathrooms in all four units, updated windows, and luxury vinyl plank flooring in three units—allowing the next owner to focus on growing returns rather than tackling major repairs. The property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with separately metered electric service to help minimize owner expenses. A spacious courtyard-style layout, ample parking, and a convenient location near Downtown Las Vegas, the Arts District, shopping, dining, public transportation, and major employment centers make this an attractive property for tenants. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire an income-producing asset with major improvements already in place and room for future growth.
▶ Virtual TourOverview
⌄
- Property Type
- Single Family
- Style
- Multi Family
- Status
- Active
- Year Built
- 1963
- Living Area
- 2,870 sq ft
- Price / Sq Ft
- $235
- Days on Market
- 28
- Community
- Artesian Acres
- MLS #
- 2789715
Interior
⌄
- Heating
- Central, Electric
- Cooling
- Central Air
HOA & Fees
⌄
- Annual Taxes
- $1,661
Location
⌄
- City
- Las Vegas
- ZIP
- 89101
- Subdivision
- Artesian Acres
Property History
Prior MLS records for this address — deemed reliable but not guaranteed.
| Date | Event | Price |
|---|---|---|
| 2024-11-14 | Lsd | $1,550 |
| 2024-01-11 | Sld | $550,000 |
| 2022-01-28 | Sld | $425,000 |
Location
- Downtown / Fremont St.1.5 mi
- Las Vegas Strip5.0 mi
- T-Mobile Arena5.9 mi
- Harry Reid Int'l Airport6.4 mi
- Allegiant Stadium6.7 mi
- The District at Green Valley Ranch11.2 mi
Straight-line distances from the property. Drive times vary by route and traffic.
Approximate location shown.
California → Nevada Tax Savings
Nevada has no state income tax. Here's roughly what you'd keep by moving from California.
Estimate only, based on California state income-tax brackets and ~3% annual income growth; excludes deductions, credits, and local taxes. Not tax advice — consult a tax professional. Nevada has no state income tax.
Listing courtesy of Realty ONE Group, Inc.
Listing data courtesy of Las Vegas REALTORS® (GLVAR). The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Las Vegas REALTORS® MLS. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The Roland Team, brokered by LPT Realty, is not responsible for any typographical errors, misinformation, or misprints. Data last updated Jul 10, 2026, 11:09 PM UTC.
© 2026 Las Vegas REALTORS®. All rights reserved. Equal Housing Opportunity. The Roland Team — brokered by LPT Realty.