GREG KING | LAS VEGAS REAL ESTATE
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GREG KING | LAS VEGAS REAL ESTATE
BUY / SELL RESIDENTIAL, NEW HOME, LUXURY

Las Vegas Multi Family Real Estate Properties for Sale

What Is a Multi Family Home?

A multi family unit is a property that consists of multiple separate housing units designed for residential purposes. A multi family unit can be a building containing several apartments or unit, or even a complex containing of several buildings. Either way, this type of property features multiple units aligned side by side or one on top of each other, similarly to apartment buildings with several floors. The most common forms of multi family residential properties are apartment buildings and condominium complexes.

However, keep in mind that there is a difference between the two, since condominiums are units owned by individual residents, whereas apartments are rented from the owner of the building.Before we get into further details regarding multi family units, you should keep in mind that these residential properties are often called multi dwelling units or MDU for short. Depending on how many units a multi dwelling contains, it can be classified as a duplex, triplex, or an apartment building. Whether you’re looking to move into a multi family unit or invest in one for business purposes, there are many reasons why these properties are so beneficial.

Benefits of Investing in a Multi Family Unit

It's often been said that if you are ready to make the next big move as an investor, it is time to start focusing on multi family units rather than single family homes. There are numerous benefits that make multi family unit investments far more convenient and profitable than investing into a single family home. Here is a list of reasons why you should consider this move!

#1 It is a scalable investment

Multi family units can be turned into functional and thriving business with much less time and energy used along the way. It takes less time to buy one multi family dwelling with ten units compared to buying ten single family homes. This way, you will be making income from ten rents without having to visit ten different locations and investigate each property separately.

#2 Have room to focus on your business

When investing in a multi family dwelling, you need to visit one place, negotiate on one price, and close one deal. The time and energy you save on the investment and purchase processes will allow you to focus on other aspects of your business in order to increase growth and profitability.

#3 Easier management

It is far easier to take care of management when all ten of your tenants are situated in one location rather than scattered all over town. This way you don’t have to travel to ten different places to handle management issues or visit your tenants.

#4 Less maintenance expenses

Another great benefit of investing in a multi family unit is the fact that you will save a lot of money on maintenance as compared to investing in single family homes. For example, in a multi dwelling property, all your tenants are situated under one roof, which means there is only one roof to maintain. If you were to own ten single family homes instead, you would be dealing with ten roofs and enormous expenses.

#5 Pay Off the Mortgage Easily

Last but not least, renting out several units within the building will allow you to collect enough income to cover your mortgage expenses more easily. Multi family units are far more profitable than single family homes because there is less risk that you won’t have enough income to cover the mortgage. If your single family home is not rented, you will have to pay mortgage on your own. However, if three out of ten of your multi family dwelling units are not rented, you will still have seven tenants providing passive income to cover the expenses.

Start your search now and see what Las Vegas multi family investment opportunities are available to you right now.


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  1. Photo of 2106 STATZ Street, North Las Vegas, NV 89030 (MLS # 2202157)
    27
    0 beds,  0 baths
    2,275 sqft   lot 6,534 sqft
    Walk Score® 69
    Listing provided by Mary S Baca, LIFE Realty District
    MLS 2202157
  2. Photo of 30 Betty, Pahrump, NV 89060 (MLS # 2201605)
    2
    0 beds,  0 baths
    1,008 sqft   lot 3.52 ac
    Walk Score® 2
    Listing provided by Roy L Mankins, Nevada Realty
    MLS 2201605
  3. 0 beds,  0 baths
    1,890 sqft   lot 5,663 sqft
    Walk Score® 61
    Listing provided by Sabrina Nash, Reflections Real Estate Group
    MLS 2200155
  4. Photo of 1405 Rexford Place, Las Vegas, NV 89104 (MLS # 2201588)
    3
    0 beds,  0 baths
    1,995 sqft   lot 6,534 sqft
    Walk Score® 79
    Listing provided by Alexey Prieto, Quantified Investment Group
    MLS 2201588
  5. Photo of 1416 East Nelson Avenue, North Las Vegas, NV 89030 (MLS # 2201587)
    2
    0 beds,  0 baths
    1,794 sqft   lot 8,276 sqft
    Walk Score® 67
    Listing provided by Alexey Prieto, Quantified Investment Group
    MLS 2201587
  6. Photo of 3380 South ATHENS Street, Las Vegas, NV 89169 (MLS # 2176109)
    20
    0 beds,  0 baths
    3,336 sqft   lot 7,841 sqft
    Walk Score® 70
    Listing provided by Leslie Amador, United Realty Group
    MLS 2176109
  7. Photo of 55 North 26th Street, Las Vegas, NV 89101 (MLS # 2201211)
    21
    0 beds,  0 baths
    1,218 sqft   lot 5,227 sqft
    Walk Score® 77
    Listing provided by Shawn Hong, Realty ONE Group, Inc
    MLS 2201211
  8. Photo of 1361 Ogallala, Pahrump, NV 89048 (MLS # 2198811)
    10
    0 beds,  0 baths
    Walk Score® 6
    Listing provided by Erin M Quatrale, Apollo Realty and Management
    MLS 2198811
  9. Photo of 1708 Cedar Avenue, Las Vegas, NV 89101 (MLS # 2199223)
    40
    0 beds,  0 baths
    1,044 sqft   lot 6,534 sqft
    Walk Score® 59
    Listing provided by Lewis J Wardley, Wardley Real Estate
    MLS 2199223
  10. Photo of 1619 Thelma, Las Vegas, NV 89104 (MLS # 2199173)
    36
    0 beds,  0 baths
    1,431 sqft   lot 4,792 sqft
    Walk Score® 87
    Listing provided by Mark W Sivek, Realty ONE Group, Inc
    MLS 2199173
  11. Photo of 1614 Sugita Lane, Las Vegas, NV 89115 (MLS # 2198261)
    39
    0 beds,  0 baths
    3,196 sqft   lot 11,761 sqft
    Walk Score® 58
    Listing provided by Omar K Syed, Leading Vegas Realty
    MLS 2198261
  12. Photo of 3381 Brussels, Las Vegas, NV 89169 (MLS # 2198588)
    5
    0 beds,  0 baths
    3,336 sqft   lot 7,405 sqft
    Walk Score® 70
    Listing provided by Amy Pam, Homers Realty LLC
    MLS 2198588
  13. Photo of 2830 Karen, Las Vegas, NV 89121 (MLS # 2198214)
    28
    0 beds,  0 baths
    4,492 sqft   lot 10,019 sqft
    Walk Score® 48
    Listing provided by Ryan Crighton, Rothwell Gornt Companies
    MLS 2198214
  14. Photo of 1312 East Nelson Avenue, North Las Vegas, NV 89030 (MLS # 2198279)
    21
    Price Drop
    0 beds,  0 baths
    2,040 sqft   lot 7,841 sqft
    Walk Score® 60
    Listing provided by Mirvate Thrower, Keller Williams Southern Nevada
    MLS 2198279
  15. Photo of 2522 Ellis Street, North Las Vegas, NV 89030 (MLS # 2197680)
    18
    0 beds,  0 baths
    3,450 sqft   lot 8,712 sqft
    Walk Score® 70
    Listing provided by Nora E Aguirre, Century 21 Americana
    MLS 2197680
  16. Photo of 501 SHADOW Lane, Las Vegas, NV 89106 (MLS # 2164436)
    5
    0 beds,  0 baths
    2,948 sqft   lot 6,534 sqft
    Walk Score® 54
    Listing provided by William J Schlaf, Signature Real Estate Group
    MLS 2164436
  17. Photo of 4920 Stanley, Las Vegas, NV 89115 (MLS # 2196030)
    25
    0 beds,  0 baths
    3,290 sqft   lot 10,890 sqft
    Walk Score® 63
    Listing provided by Cameron DeAngelo, All Vegas Valley Realty
    MLS 2196030
  18. Photo of 702 10th, Las Vegas, NV 89101 (MLS # 2195654)
    4
    0 beds,  0 baths
    2,496 sqft   lot 6,970 sqft
    Walk Score® 67
    Listing provided by James G Dahl, Sunstate Realty LLC
    MLS 2195654
  19. Photo of 2412 Webster, North Las Vegas, NV 89030 (MLS # 2194786)
    26
    Price Drop
    0 beds,  0 baths
    3,026 sqft   lot 8,712 sqft
    Walk Score® 76
    Listing provided by Phillip Alexander, Red Rock Realty
    MLS 2194786
  20. Photo of 3615 Glendale, Las Vegas, NV 89030 (MLS # 2193933)
    2
    0 beds,  0 baths
    1,920 sqft   lot 5,227 sqft
    Walk Score® 50
    Listing provided by Mirvate Thrower, Keller Williams Southern Nevada
    MLS 2193933
  21. Photo of 2200 Owens, North Las Vegas, NV 89030 (MLS # 2193422)
    3
    0 beds,  0 baths
    1,713 sqft   lot 6,534 sqft
    Walk Score® 75
    Listing provided by Flavio G Jimenez, Source Realty
    MLS 2193422
  22. Photo of 5132 Pebble Beach, Las Vegas, NV 89108 (MLS # 2193235)
    11
    0 beds,  0 baths
    3,196 sqft   lot 7,841 sqft
    Walk Score® 61
    Listing provided by Zaulo Gonzalez-Chavez, Simply Vegas
    MLS 2193235
  23. Photo of 2112 Statz, North Las Vegas, NV 89030 (MLS # 2192809)
    18
    Price Drop
    0 beds,  0 baths
    1,983 sqft   lot 6,970 sqft
    Walk Score® 69
    Listing provided by Gabriel Rangel, Signature Real Estate Group
    MLS 2192809
  24. Photo of 601 TRIEST Court, Las Vegas, NV 89110 (MLS # 2162668)
    2
    0 beds,  0 baths
    2,924 sqft   lot 7,841 sqft
    Walk Score® 65
    Listing provided by Kris E Kaye, Petra Realty Group
    MLS 2162668
  25. Photo of 2121 CARROLL Street, North Las Vegas, NV 89030 (MLS # 2190118)
    25
    0 beds,  0 baths
    1,338 sqft   lot 15,246 sqft
    Walk Score® 56
    Listing provided by Laura E Ahumada, ERA Brokers Consolidated
    MLS 2190118
  26. Photo of 4959 Owens, Las Vegas, NV 89110 (MLS # 2190509)
    50
    0 beds,  0 baths
    1,830 sqft   lot 21,344 sqft
    Walk Score® 65
    Listing provided by Jamie A Griffin, Griffin Group Realty
    MLS 2190509
  27. Photo of 205 Jackson, Las Vegas, NV 89106 (MLS # 2190263)
    4
    0 beds,  0 baths
    1,672 sqft   lot 6,534 sqft
    Walk Score® 40
    Listing provided by Lisa Waldeck, LUXE International Realty
    MLS 2190263
  28. Photo of 3101 Carey, North Las Vegas, NV 89030 (MLS # 2189371)
    2
    0 beds,  0 baths
    3,084 sqft   lot 4,792 sqft
    Walk Score® 60
    Listing provided by Jose Garcia-Perez, Source Realty
    MLS 2189371
  29. Photo of 3029 Carey, North Las Vegas, NV 89030 (MLS # 2189364)
    2
    0 beds,  0 baths
    3,084 sqft   lot 4,792 sqft
    Walk Score® 60
    Listing provided by Jose Garcia-Perez, Source Realty
    MLS 2189364
  30. Photo of 2000 Owens, North Las Vegas, NV 89030 (MLS # 2189487)
    2
    0 beds,  0 baths
    1,425 sqft   lot 6,534 sqft
    Walk Score® 71
    Listing provided by Wanda C Hudson, Urban Nest Realty
    MLS 2189487
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GLVAR Logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.

GLVAR deems information reliable but not guaranteed.

Copyright 2020 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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5wayneakingnot

Greg worked with me in looking for a house, condo in the Las Vegas area. He is professional and really knew this area having been in the business a long time. I highly recommend Mr. King and would use ...

Review Greg King on Zillow.com