Active Listing
2516 Ellis Street
North Las Vegas, NV 89030
$689,000
MLS 2829962
0
Beds
0
Baths
3,204
Sq Ft
No HOA
Association
1963
Year Built
Courtesy of Simply Vegas Catherine Hyde
Listing Contact: (702) 568-6800
Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
The Property
About This Home
GREAT OPPORTUNITY FOR FIRST-TIME OR EXPERIENCED INVESTORS! FOURPLEX | NO HOA | RECENT RENOVATIONS | INCOME & UPSIDE POTENTIAL Looking to get started in multifamily investing or add another income-producing property to your portfolio? This North Las Vegas fourplex offers a great combination of established rental income, recent improvements, and room to grow. 2516 Ellis features four spacious 2-bedroom, 1-bath units, all on one level. With three units already rented and the fourth recently renovated and vacant, a new owner has the opportunity to increase rental income right away. Income From Day One: Three occupied units currently generate $4,335 per month. Immediate Rental Upside: Lease the vacant, renovated unit at a projected $1,450 per month to increase scheduled rental income to $5,785 monthly. Recent Improvements: Two units renovated in 2024, including a new A/C system in Unit D. Simple, Practical Layout: Four identical 2-bedroom, 1-bath units in a single-story building, making leasing and maintenance more straightforward. No HOA: No monthly association dues cutting into your rental income. Attractive Investment Potential: Estimated 5.2% in-place CAP rate with a projected 7.4% stabilized CAP rate once the vacant unit is leased. Convenient Location: Close to I-15, Downtown Las Vegas, shopping, schools, parks, and everyday amenities. Whether you're purchasing your first rental property or expanding an existing portfolio, this fourplex offers a practical entry into multifamily ownership with existing tenants, recent renovations, and an opportunity to improve cash flow. Offering Memorandum, rent roll, and investment analysis available upon request. Showings by appointment only, contact listing agent.
Community Intelligence
North Las Vegas
Zoned Schools
ES: ,
From the MLS listing record. Verify with Clark County School District.
Overview
ZIP 89030 · 2020-2024 estimates
ZIP 89030 has a population of 51,341, a median age of 30.4, 5,420 people per square mile of land, and per capita income of $19,626.
51,341
Total population
30.4
Median age
5,420
People per square mile
$19,626
Per capita income
Demographics and Employment
ZIP 89030 · 2020-2024 estimates
In ZIP 89030, the population is 51,341, the median age is 30.4, and 30,914 residents are 25 years and over.
- 51,341
- Total population
- 30.4
- Median age
- $19,626
- Per capita income
- 30,914
- Population 25 years and over
Educational attainment
- Less than 9th grade25.4% (7,863)
- 9th to 12th grade, no diploma17.4% (5,387)
- High school graduate (includes equivalency)32.5% (10,055)
- Some college, no degree14.8% (4,583)
- Associate's degree4.5% (1,393)
- Bachelor's degree4.1% (1,280)
- Graduate or professional degree1.1% (353)
Share of population 25 years and over.
In ZIP 89030, there are 15,123 households, 35.3% of homes are owner occupied, and median household income is $47,937.
- 15,123
- Households
- 35.3%
- Owner occupied
- 64.7%
- Renter occupied
- $47,937
- Median household income
Housing tenure
- Owner occupied35.3% (5,342)
- Renter occupied64.7% (9,781)
Share of occupied housing units.
In ZIP 89030, the unemployment rate is 9.8%, the mean travel time to work is 24.9 minutes, and 3.1% of workers work from home.
- 21,213
- Civilian employed population 16 years and over
- 9.8%
- Unemployment rate
- 24.9 min
- Mean travel time to work
- 3.1%
- Worked from home
Industry
- Construction17.8% (3,778)
- Manufacturing4.0% (846)
- Wholesale trade2.0% (422)
- Retail trade12.1% (2,561)
- Transportation and warehousing, and utilities6.2% (1,313)
- Information0.6% (128)
- Finance and insurance, and real estate, and rental and leasing4.0% (851)
- Professional, scientific, and management, and administrative, and waste management services14.0% (2,972)
- Educational services, and health care and social assistance8.4% (1,789)
- Arts, entertainment, and recreation, and accommodation and food services22.1% (4,681)
- Other services, except public administration7.0% (1,490)
- Public administration1.4% (306)
Share of civilian employed population 16 years and over. Groups with a margin of error over 40 percent of the estimate are not shown.
Occupation
- Management, business, science, and arts occupations11.8% (2,502)
- Service occupations32.8% (6,956)
- Sales and office occupations17.5% (3,717)
- Natural resources, construction, and maintenance occupations21.0% (4,459)
- Production, transportation, and material moving occupations16.9% (3,579)
Share of civilian employed population 16 years and over.
Schools near 2516 Ellis Street
Within 2 miles of 2516 Ellis Street
| School | Grades | Distance |
|---|---|---|
Herron Fay ES 2421 N Kenneth, N Las Vegas District | PK-5 | 0.4 mi |
Jeffers Jay W ES 2320 Clifford St, Las Vegas District | PK-5 | 0.8 mi |
Lincoln ES 3010 Berg St, N Las Vegas District | PK-5 | 0.8 mi |
Williams Tom ES 3000 E Tonopah Ave, N Las Vegas District | PK-5 | 0.8 mi |
CIVICA Academy 1501 E Carey Ave., North Las Vegas Charter | K-10 | 0.9 mi |
Cahlan Marion ES 2801 Ft Sumter Dr, N Las Vegas District | PK-5 | 1.0 mi |
pilotED Cactus Park 3115 Las Vegas Blvd N., Las Vegas Charter | K-5 | 1.0 mi |
McCall Quannah ES 800 E Carey Ave, N Las Vegas District | PK-5 | 1.2 mi |
Squires C P ES 1312 E Tonopah Ave, N Las Vegas District | PK-5 | 1.2 mi |
Battle Born Academy 2101 E. Owens Ave, Las Vegas Charter | K-8 | 1.3 mi |
Craig Lois ES 2637 E Gowan Rd, N Las Vegas District | PK-5 | 1.3 mi |
Tate Myrtle ES 4150 East Carey Ave, Las Vegas District | PK-5 | 1.4 mi |
Bracken Walter ES 1200 N 27th St, Las Vegas District | PK-5 | 1.5 mi |
Martinez Reynaldo L ES 350 E Judson Ave, N Las Vegas District | PK-5 | 1.5 mi |
Ronnow C C ES 1100 Lena St, Las Vegas District | PK-5 | 1.6 mi |
Cortez Manuel J ES 4245 E Tonopah Ave, Las Vegas District | PK-5 | 1.8 mi |
Cambeiro Arturo ES 2851 E Harris Ave, Las Vegas District | PK-5 | 1.9 mi |
Cox Clyde C ES 3855 Timberlake Dr, Las Vegas District | PK-5 | 1.9 mi |
Lunt Robert ES 2701 Harris St, Las Vegas District | PK-5 | 1.9 mi |
Heard Lomie G ES 4497 Kell Ln, Las Vegas District | PK-5 | 2.0 mi |
Woolley Gwendolyn ES 3955 Timberlake Dr, Las Vegas District | PK-5 | 2.0 mi |
| School | Grades | Distance |
|---|---|---|
Von Tobel Ed MS 2436 N Pecos Rd, Las Vegas District | 6-8 | 0.6 mi |
CIVICA Academy 1501 E Carey Ave., North Las Vegas Charter | K-10 | 0.9 mi |
Bridger Jim MS 2505 N Bruce St, N Las Vegas District | 6-8 | 1.0 mi |
Smith J D MS 1880 E Stanley Ave, N Las Vegas District | 6-8 | 1.2 mi |
Battle Born Academy 2101 E. Owens Ave, Las Vegas Charter | K-8 | 1.3 mi |
| School | Grades | Distance |
|---|---|---|
Cristo Rey St. Viator Las Vegas College Prep 2880 Van Der Meer St, North Las Vegas Private | 9-12 | 0.6 mi |
CIVICA Academy 1501 E Carey Ave., North Las Vegas Charter | K-10 | 0.9 mi |
College of So NV HS East 3200 E Cheyenne Ave, N Las Vegas District | 11-12 | 1.2 mi |
Nevada State High School Sunrise 2425 North Lamb Boulevard Suite 130, Las Vegas Charter | 11-12 | 1.6 mi |
Rancho HS 1900 Searles Avenue, Las Vegas District | 9-12 | 1.6 mi |
Morris Sunset HS 3801 E Washington Ave, Las Vegas District | 9-12 | 1.9 mi |
Desert Pines HS 3800 Harris Ave, Las Vegas District | 9-12 | 2.0 mi |
Schools are listed by straight-line distance from this home, not by attendance zone. School assignment varies by address and can change; verify with Clark County School District. I do not characterize school quality.
These figures are published statistics for the area named, shown the same way on every listing and community page. They do not describe any person or household and are not a suggestion about where anyone should live. I am committed to fair housing for everyone.
About the Neighborhood
North Las Vegas
North Las Vegas is its own incorporated city with a distinct municipal feel - younger inventory on average, more new construction, and master-planned communities like Aliante that anchor the higher end. Commute times to the Strip are competitive with much of the central valley, and the city has been one of the fastest-growing in the metro for over a decade.
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Location
North Las Vegas
2516 Ellis Street
North Las Vegas, NV 89030