Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Premier Realty

Property view
Listing view 2
Listing view 3

2405 Mccarran Street, 
North Las Vegas, NV 89030

$1,800,000


Bed


Bath


5,760

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Mike Oliver

702-871-9500

Last updated:

August 8, 2026, 12:18 PM

MLS#

2803671

Source:

GLVAR

About This Home

2405 Mccarran Street

"6-Unit Cash-Flowing Apartment Property with Approved Expansion Opportunity to 12 Units!" Rare Value-Add Multifamily Investment Opportunity! This exceptional offering includes two parcels: an income-producing 6-unit apartment property plus the adjacent vacant lot, creating a unique opportunity to expand an already performing asset. The existing improvements consist of two triplex buildings featuring six spacious 2-bedroom, 2-bath units, all currently occupied by tenants placed through HopeLink of Southern Nevada. Included in the sale are architectural plans (see photos) for the construction of two additional triplex buildings, increasing the property's potential from 6 units to 12 units. The proposed buildings would be constructed north of the existing apartments, allowing the current six units to remain in place and continue generating income during development. An approximately 1,850-square-foot warehouse between the existing buildings would be removed and replaced with a beautifully designed central courtyard serving all 12 units. This is a rare opportunity to acquire a stabilized multifamily asset with a clear path to significantly increasing cash flow and long-term value. Ideal for investors, developers, or 1031 exchange buyers seeking immediate income with future upside. Buyers should independently verify zoning, development requirements, permits, utility capacity, and all approvals. Adding to the property's appeal, a brand-new North Las Vegas Fire Station is under construction immediately west of the property, reflecting continued public investment and neighborhood growth. Opportunities combining existing cash flow, expansion plans, additional land, and substantial upside are rarely available. Don't miss this chance to own a premier multifamily investment with immediate income and exceptional future potential.

Home Facts

Multi-Family

Built in 1963

Subdivision & Development:

Arrowhead Acres Tr

Price Summary

1,800,000

$312 per Sq. Ft.

MLS #:

2803671

Last Updated:

August 8, 2026, 12:18 PM

Added:

12 day(s) ago


Rooms & Interior

Interior

Living Area:

5,760 Sq. Ft.


Structure

Structure

Architectural Style:

Triplex

Building Area:

5,760 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

13,939


Finances & Disclosures

Finances

Price:

$1,800,000

Price per Sq. Ft:

$312 per Sq. Ft.

2405 Mccarran Street
Source:GLVAR
The information being provided by Greater Las Vegas Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Las Vegas Association Of REALTORS® Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.