# 100 E 1st S St, Mesquite, NV 89027

> **TL;DR:** 24bd/12ba residential multi family, $2,500,000 ($231/sqft), built 2024, 10,800 sqft.
> A/C. Est. $10,833/mo. Listed 54 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Price/sqft | $231 |
| Bedrooms | 24 |
| Bathrooms | 12 full |
| Square Feet | 10,800 |
| Year Built | 2024 |
| Lot Size | 31,799 sqft (0.73 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 54 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,833 |
| **Total** | **$10,833** |

## Nearby Schools

- **Elementary:** Virgin Valley
- **Middle:** Charles A. Hughes
- **High:** Virgin Valley

## Key Amenities

- A/C

## Property Highlights

- Built in 2024
- 0.73 acre lot
- 2 stories

## Description

### Agent Description
12 Units. New. Right near city center, behind the Mesquite City offices. Walking distance to everything. All 12 units are 2 Br. 1, Ba, 900 sf with mountain views to the south and ample parking. New, neat, clean, fully occupied. Only 1.7% vacancy factor in 2025. At list price, after ALL expenses 4.9% NET NET cap rate. Rents currently running $1150 per month. Room for reasonable, slow increases. Could self manage at expiration of current management agreement with ERA Brokers and bump that net cap rate by 1-2%. Or, if it's not broken, keep it simple and keep existing management. 100% occupancy and no headaches is a good thing! Appraised in 2025 for $2.7million. Lots of parking, and off the main streets for a quieter location than many. Still room to improve it more. Picture adding security gates, carports, or a pool area or other recreational amenities. Incredible investment opportunity! Please do not disturb tenants.

## Location

- **Address:** 100 E 1st S St, Mesquite, NV 89027
- **County:** Clark
- **Neighborhood:** None (No Subdivision)
- **Coordinates:** 36.80232, -114.0661784
- **Google Maps:** https://www.google.com/maps?q=36.80232,-114.0661784

## Listing Agent

- **Name:** E. Shaun Caldwell
- **Brokerage:** Prime Properties Mesquite
- **Phone:** 7027013326
- **Email:** eshauncaldwell@aol.com

## Primary Photo

![100 E 1st S St - Primary Photo](http://lh.rdcpix.com/4c735c1a2e0f6a106ed1f9e0bb8748d8l-f1253766014r.jpg)

*58 total photos available on [listing page](https://www.propertysimple.com/listing/100-e-1st-s-st-mesquite-nv-89027-1127401)*

---

**MLS#:** 1127401 | **Updated:** 2026-04-23
**Source:** listhub

*Copyright © 2026 Mesquite Real Estate Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/100-e-1st-s-st-mesquite-nv-89027-1127401)

---

## Structured Data

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  "name": "100 E 1st S St, Mesquite, NV 89027",
  "description": "12 Units. New. Right near city center, behind the Mesquite City offices. Walking distance to everything. All 12 units are 2 Br. 1, Ba, 900 sf with mountain views to the south and ample parking. New, neat, clean, fully occupied. Only 1.7% vacancy factor in 2025. At list price, after ALL expenses 4.9% NET NET cap rate. Rents currently running $1150 per month. Room for reasonable, slow increases. Could self manage at expiration of current management agreement with ERA Brokers and bump that net cap ",
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  "datePosted": "2026-04-23",
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```