2252 Ellis Street
About this home
2252 Ellis is an exceptional value-add investment opportunity with a current 6.0% cap rate and an estimated 8.5% pro forma cap rate, offering immediate cash flow and strong upside potential. Major capital improvements include a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), and owned coin-operated laundry (2025). Each unit features remodeled kitchens, upgraded plumbing, regularly serviced A/C units, and energy-efficient double-pane windows. Tenants have access to private exterior storage, a large shared storage building, and an on-site community laundry room. Conveniently located near Carey Ave. and Mojave Rd., within walking distance of the North Las Vegas Police Department and Fire Station, this well-maintained property is positioned for both stable returns and future appreciation.
▶ Virtual TourOverview
⌄
- Property Type
- Single Family
- Style
- Multi Family
- Status
- Active
- Year Built
- 1963
- Living Area
- 3,008 sq ft
- Price / Sq Ft
- $213
- Days on Market
- 39
- Community
- Arrowhead Acres Tr
- MLS #
- 2803224
Interior
⌄
- Heating
- Central, Electric
- Cooling
- Central Air
HOA & Fees
⌄
- Annual Taxes
- $1,167
Location
⌄
- City
- North Las Vegas
- ZIP
- 89030
- Subdivision
- Arrowhead Acres Tr
Property History
Prior MLS records for this address — deemed reliable but not guaranteed.
| Date | Event | Price |
|---|---|---|
| 2025-10-15 | Ter | $650,000 |
| 2024-08-14 | Lsd | $1,100 |
| 2024-06-07 | Sld | $645,000 |
Location
- Downtown / Fremont St.2.9 mi
- Las Vegas Strip7.0 mi
- T-Mobile Arena7.8 mi
- Harry Reid Int'l Airport8.5 mi
- Allegiant Stadium8.7 mi
- Downtown Summerlin12.5 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 Simply Vegas.
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 27, 2026, 9:15 PM UTC.
© 2026 Las Vegas REALTORS®. All rights reserved. Equal Housing Opportunity. The Roland Team — brokered by LPT Realty.