Galindo Group Real Estate
2405 McCarran StreetNorth Las Vegas, NV 89030
- – beds
- – baths
- 5,760 sq ft
- 13,939 sq ft lot
- Built 1963
Listed by Michael T. Oliver, Coldwell Banker Premier, 702-871-9500
About this home
"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.
Read more
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.
How does this home compare?
At $313 a square foot, this home is 33% above the ZIP 89030 median of $235. It is larger than 100% of the 152 homes for sale there.
- Priced higher than100%
- Larger than100%
- Listed longer than0%
Compared with the 152 homes for sale in ZIP 89030 today, from the MLS listings on this site.
Facts and features
The home
- Type
- Triplex
- Living area
- 5,760 sq ft
- Stories
- 2
- Year built
- 1963
Inside
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Other
The lot and outside
- Lot
- 13,939 sq ft
- Parking
- Paved
- Roof
- Flat
- Built of
- Stucco, Wood Frame
Costs
- Property tax
- $2,510 a year
The community
- Neighborhood
- Arrowhead Acres Tr
- Gated
- No
Schools
- Elementary
- ,
As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD
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.

Optional. You are free to use any lender.
Pick a time to see it
Free, no obligation. VIPhomes.Vegas confirms by text.
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.

Optional. You are free to use any lender.
Where is 2405 McCarran Street?
In Arrowhead Acres Tr, North Las Vegas. The prices on the map are 2 similar homes for sale nearby.
What would this home cost each month?
At the list price of $1,800,000 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.
- Principal and interest$9,102
- Property tax$900
- 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.
- 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.

