2100 Stewart Ave — Sale in Las Vegas, NV
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Las Vegas, NV 89101
Photos
Investment Figures
- Cap rate
- 6.64%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap, as the exclusive listing broker, is pleased to present 2100 Stewart Avenue, a six-unit multi-family community located within an established residential neighborhood just east of Downtown Las Vegas. The property features a desirable mix of one- and two-bedroom floor plans with contemporary interiors, modern kitchens, and functional layouts designed to appeal to a broad tenant base. Residents also benefit from private patios in select units, a fenced courtyard, ample surface parking, and professionally designed low-maintenance landscaping that enhance the overall living experience. Located near Downtown Las Vegas and the planned Desert Pines redevelopment, the property is well positioned within an area experiencing continued public and private investment. The property’s efficient site layout provides an attractive balance of resident amenities and operational simplicity, making it well suited for long-term ownership. Convenient access to Interstate 15, U.S. 95, and major employment centers throughout the Las Vegas Valley allows residents to easily reach many of the region’s largest business, retail, and entertainment destinations. The surrounding neighborhood continues to benefit from infrastructure improvements and community investment that reinforce its appeal as an established residential location. This combination of accessibility, neighborhood amenities, and strategic location supports long-term tenant demand and stable occupancy. 2100 Stewart Avenue represents a compelling opportunity to acquire a multi-family asset within one of Southern Nevada’s evolving urban corridors. Its proximity to Downtown Las Vegas and the planned Desert Pines redevelopment positions the property to benefit from continued neighborhood investment and improving connectivity. Contemporary interiors, a balanced unit mix, desirable outdoor amenities, and an accessible location create a living environment that appeals to today’s renters. Together, these attributes positio
Market Context
This multifamily in Las Vegas, NV is listed for sale. It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Las Vegas, NV — view the full market.
As of Q1 2026, the Las Vegas multifamily market showed a 10.4% vacancy rate, average asking rents near $1455.50/unit/mo, and cap rates around 5.5%. Source: multiple brokerage reports, Q1 2026.
Its 6.6% asking cap rate is above the Las Vegas multifamily market average of about 5.5%, implying a higher yield (and typically more risk or upside) than comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Las Vegas?
- About 5.5% as of Q1 2026, per multiple brokerage reports.
- Is the Las Vegas multifamily market tightening or softening?
- Vacancy is around 10.4% (Q1 2026).
Contact
- Drew Holden · (702) 215-7118 · drew.holden@marcusmillichap.com
- Nicholas Gray · (702) 215-7144 · nicholas.gray@marcusmillichap.com
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