Investment Overview

Marcus & Millichap, as the exclusive listing broker, is pleased to present 1921 Stewart Avenue, a seven-unit multifamily investment property in Downtown Las Vegas, NV. Situated on a 0.28-acre lot, the property offers a desirable mix of one- and two-bedroom floor plans, catering to tenants seeking well-maintained, quality housing in a growing submarket. This investment property features modernized interiors, including white walls with white trim, brown vinyl plank flooring, one-panel black cabinets with granite countertops, and stainless steel appliances. Major system renovations, including roofing, sewer, and plumbing, were completed in 2024. Community amenities include an upgraded security system, on-site laundry, garage parking, mature landscaping, and gated access. Located in the heart of Downtown Las Vegas, 1921 Stewart Avenue offers convenient access to major employment centers, shopping, dining, and entertainment. Proximity to Interstates 11 and 15 ensures seamless connectivity to the Las Vegas Strip and surrounding areas. Additionally, the property is positioned to benefit from the $100 million Stewart Avenue Complete Street Project, a redevelopment initiative focused on enhancing infrastructure and accessibility in the area. With its prime location and newly renovated units, this property presents an attractive opportunity for tenants seeking a modern, convenient living space in Downtown Las Vegas. Investors looking for a turn-key, low-maintenance asset will find 1921 Stewart Avenue highly desirable due to its recent upgrades and strong rental demand.