$985,000Price reduced

Reduced from $1,100,000

5145 Kell LaneLas Vegas, NV 89156

– beds
– baths
4,513 sq ft
1.24 acres lot
Built 1947

Listed by Dale A. Snyder, Keller Williams VIP, 702-905-1110

$218 per sq ft97 days on marketIDX MLS 2795999

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About this home

Investor Opportunity! Rare chance to acquire a turnkey 7-unit income-producing property with 9 streams of revenue on approximately 1.2 acres. The property includes five single-family homes, one duplex, and two additional income-producing vacant lots, offering exceptional cash flow with future upside. Extensively remodeled approximately four years ago, the property has been well maintained and is positioned for immediate income generation.

Each unit features its own private yard and driveway, providing added privacy and ample parking for tenants. With strong rental demand and potential to increase rents, this is an outstanding value-add investment. The expansive 1.2-acre parcel also offers room for future expansion or redevelopment (buyer to verify). Conveniently located within walking distance of shopping, services, and public transportation, this is a rare opportunity to own a high-performing, multi-income asset with significant long-term potential.

How does this home compare?

At $218 a square foot, this home is 2% above the ZIP 89156 median of $214. It is larger than 99% of the 143 homes for sale there.

Priced higher than98%
Larger than99%
Listed longer than88%

Compared with the 143 homes for sale in ZIP 89156 today, from the MLS listings on this site.

What has the price done?

Listed 97 days ago at $1,100,000. The price has come down once, $115,000 in all (10%).

Jun 30Listed$1,100,000
Oct 5Price cut $115,000$985,000

Facts and features

The home

Type: Duplex
Living area: 4,513 sq ft
Stories: 1
Year built: 1947
Primary bedroom: Downstairs

Inside

Heating: Electric, Other
Cooling: Window Units
Flooring: Ceramic Tile, Other
Appliances: Oven, Range, Refrigerator
Features: Storage

The lot and outside

Lot: 1.24 acres
Roof: Composition, Shingle
Built of: Stucco, Wood Frame

Costs

Property tax: $2,781 a year

The community

Gated: No

Schools

Elementary: ,

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

Get pre-approved

Know your number before you tour

Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Jeremy DayFive Star Mortgage · NMLS 2819600

Or apply online with Jeremy

Optional. You are free to use any lender.

Tour this home

Pick a time to see it

Free, no obligation. VIPhomes.Vegas confirms by text.

VIPhomes.VegasReplies the same day

Call Text

Get pre-approved

Know your number before you tour

Sellers take offers with a pre-approval more seriously. Jeremy Day at Five Star Mortgage can usually pre-approve you within a day.

Jeremy DayFive Star Mortgage · NMLS 2819600

Or apply online with Jeremy

Optional. You are free to use any lender.

Where it is

Where is 5145 Kell Lane?

In Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Directions

Cost of ownership

What would this home cost each month?

At the list price of $985,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.

Estimated monthly payment $5,640

Principal and interest$4,981
Property tax$493
Home insurance$167
HOA dues$0

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from VIPhomes.Vegas.

Fine print

Listing information from LVR IDX, refreshed October 11, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.