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1956 Cosmic Drive, Las Vegas, NV 89115

$625,000 Sold
— Beds
— Baths
3,212 Sq Ft
$195 $ / Sq Ft
0.17 Acres
1987 Year Built
28 Days on Market
See comparable sales
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Description

Invest in a well-maintained, professionally managed fourplex in Lake Mead Villas, a secure, planned community with mature landscaping, playground and pool. Built in 1987 with a Cape Cod design, it’s ideally located in Northeast Las Vegas near major employers such as Amazon distribution centers, the VA Hospital, Nellis AFB, schools, and public transit—ensuring strong rental demand.
This 3,212 SqFt property features four spacious 2-bed, 1-bath units, each with a large living room, fireplace, dining area off the kitchen, and private laundry room with a refrigerator, washer, dryer, and dishwasher included. Updated, the property offers LVP floors, fresh paint, newer appliances, shower enclosures, blinds, and new fireplace enclosures. With long-term tenants, this property generates steady income at a 6.77% CAP rate, with potential to exceed 7% at the next lease renewal. HOA fees cover trash, sewer, exterior upkeep (roof/stairs), landscaping, common utilities, and pool access.

Details

Year Built
1987
County
Clark
City
Las Vegas
Zip
89115
Neighborhood
Lake Mead Villas
Elementary School
—
Middle School
—
High School
—
HOA
fee not listed
HOA includes
Maintenance Grounds, Recreation Facilities
HOA amenities
Playground, Pool
Garage
—
Parking
Alley Access, Paved
Levels
2

Features

Pool
No
Fireplace
—
Appliances
  • Dryer
  • Dishwasher
  • Disposal
  • Oven
  • Range
  • Refrigerator
  • Washer

Interior

Interior Features
Window Treatments
Laundry
Laundry Room

Exterior

Roof
Composition, Pitched, Shingle
Windows
Blinds

Utilities

Heating
Central, Electric
Cooling
Central Air
Sewer
Public Sewer
Water Source
Public

Property History

DateEventPrice
Apr 23, 2025Sold$625,000
Apr 14, 2025Pending$625,000
Mar 17, 2025Listed$625,000
Mar 25, 2022Sold$487,500
Feb 4, 2022Pending$465,000
Jan 26, 2022Listed$465,000

Market context

This home sold for $625,000 on April 23, 2025, 100.0% of its last list price of $625,000.

This home sold at $195 per sq ft; the median for active multi-family homes in ZIP 89115 is $191 (21 listings).

Figures are computed from MLS listings in our database as of October 20, 2026 (medians refreshed hourly). Medians are shown only where at least 10 listings or sales are in the comparison.

Property Type
Status
Price
Beds
Baths

Best Neighborhoods in Las Vegas

Compare 26 Las Vegas-area communities, cities and ZIP-code areas by region, price, home type, location and age restriction, with live listing numbers and links to each guide.

To see the property located at 1956 Cosmic Drive, Las Vegas, NV 89115 or any other home on this website please call 702-200-0019.

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. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved. GLVAR deems information reliable but not guaranteed.

Listing #2665853 By Catherine Hyde (catherine@hyderealestate.com), Simply Vegas

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