Strong, income-producing fourplex in a high-demand central Las Vegas location. The property features a desirable unit mix—two 1-bedroom units, one 2-bedroom, and one 3-bedroom—offering flexibility and broad tenant appeal. Located minutes from the Las Vegas Strip, Downtown Arts District, and the UNLV Medical District, rental demand remains consistently strong. Units are spacious with functional layouts and have seen recent improvements including flooring, paint, fixtures, and select kitchen and bath updates. Each unit is separately metered, the property is low-maintenance, and off-street parking adds to long-term tenant stability. Current rents are below market, providing clear upside through rent increases, light value-add improvements, or repositioning for medium-term rental demand from nearby professionals. Situated in an area experiencing continued revitalization, this is a solid cash-flowing asset with meaningful long-term upside for both new and seasoned investors.
Active
$625,000
832 Held Rd, Las Vegas, NV 89101
7beds
5baths
3,168sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1977
-- sqft lot
$610,500 Zestimate®
$197/sqft
$-- HOA
What's special
Off-street parking
- 17 days |
- 461 |
- 35 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 12:00pm
Listed by:
Michael Coxen B.1003216 702-339-8891,
Magenta
Source: LVR,MLS#: 2741558
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Central, Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
Features
- None
- Flooring: Luxury Vinyl Plank, Tile
Interior area
- Total structure area: 3,168
- Total interior livable area: 3,168 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 13926310024
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition,Shingle
Condition
- Good Condition,Resale
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Bruce Gardens
HOA
- Has HOA: No
- Amenities included: Storage, Cable TV
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $204,623
- Annual tax amount: $1,061
- Date on market: 12/22/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$610,500
$580,000 - $641,000
$1,173/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Listed for sale | $625,000+48.8%$197/sqft |
Source:  LVR #2735262 Report a problem | ||
| 3/19/2021 | Sold | $420,000+2.4%$133/sqft |
Source: LVR #2269460 Report a problem | ||
| 2/13/2021 | Pending sale | $410,000$129/sqft |
Source: LVR #2269460 Report a problem | ||
| 2/12/2021 | Listed for sale | $410,000+110.3%$129/sqft |
Source: LVR #2269460 Report a problem | ||
| 7/14/2016 | Sold | $195,000+2.7%$62/sqft |
Source: LVR #1627702 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,969 +8% | $71,618 -6% |
| 2024 | $1,824 +8% | $76,179 +14.4% |
| 2023 | $1,689 +8% | $66,610 +10.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,509/mo
Principal & interest
$3035
Property taxes
$255
Home insurance
$219
Climate risks
Neighborhood: Cultural Corridor
Nearby schools
GreatSchools rating
- 3/10Halle Hewetson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10J D Smith Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Rancho High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: ,
Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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