Description

AMAZING FOUR-PLEX INVESTMENT OPPORTUNITY IN THE WELL-MAINTAINED CAPE COD COMMUNITY! This property features four units, each offering 2 bedrooms and 1 bathroom, spacious living rooms with fireplaces, private laundry rooms, and generously sized dining areas just off the kitchens. All appliances are included. All four units are currently occupied by long-term tenants, providing an excellent opportunity for investors seeking established rental income with a good CAP rate. Community amenities include a pool and playground. The HOA covers trash, sewer, common-area electricity and water, landscaping, and exterior building maintenance, including the roof and stairs. Conveniently located near schools, shopping, and everyday amenities. A fantastic opportunity to own an income-producing four-plex in an established community!

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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: Association Management
HOA amenities: Pool, Spa Hot Tub
Garage: —
Levels: 2

Features

Pool: No
Fireplace: —
Appliances: Dryer
Dishwasher
Microwave
Refrigerator
Washer

Exterior

Roof: Composition, Shingle

Utilities

Heating: Central, Gas
Cooling: Central Air
Sewer: Public Sewer
Water Source: Public

Property History

Date	Event	Price
Oct 30, 2026	Listed	$619,000
May 13, 2025	Leased	$1,000/mo
May 21, 2024	Leased	$1,050/mo
Sep 29, 2023	Leased	$1,000/mo
May 10, 2022	Sold	$535,000
Mar 30, 2022	Pending	$530,000
Mar 23, 2022	Listed	$530,000
Apr 29, 2013	Sold	$186,000
Apr 17, 2013	Under Contract	—
—	Price reduced to $219,900
Jul 19, 2012	Listed	$240,000

Market context

This home is listed at $193 per sq ft; the median for active multi-family homes in ZIP 89115 is $191 (21 listings).

It has been on the market 15 days; the median for active multi-family homes in ZIP 89115 is 58 days (21 listings).

Figures are computed from MLS listings in our database as of November 13, 2026 (medians refreshed hourly). Medians are shown only where at least 10 listings or sales are in the comparison.

Location

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To see the property located at 4160 East Tonopah Avenue, Las Vegas, NV 89115 or any other home on this website please call 702-200-0019.

Listing #2830660 By Deanna M. Riddle (riddle.deannam@gmail.com), Simply Vegas

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.