# 126 E First St N, Mesquite, NV 89027

> **TL;DR:** 8bd/4ba residential multi family, $789,000 ($256/sqft), built 1988, 3,080 sqft.
> A/C. Est. $3,419/mo. Listed 22 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $789,000 |
| Price/sqft | $256 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,080 |
| Year Built | 1988 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 22 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,419 |
| **Total** | **$3,419** |

## Nearby Schools

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

## Key Amenities

- A/C

## Property Highlights

- Built in 1988
- 0.22 acre lot
- 2 stories

## Description

### Agent Description
Opportunity is knocking!!! Great investment property as is or significant potential for upgrading & increasing rate of return. As is, market rents of $1150/mo counting owner expenses should pick up a net cap rate of approx 6.6%. With upgrades like gating, carports, patios, or other amenities, could raise the cap rate potentially to as much as 7.8% range. 4 units recently updated with new paint, floor, counters, appliances, including some washer/dryers, new storage units, and more. Steadily renting at $1000-1200/mo. Similar units are renting in the $1200/mo+ range. Small enough to self manage. Nice enough for the right person to live in one and rent the other 3 for income. Each unit is 2 Br, 1 Ba, approx 770 sf. Great central location to parks, schools, College of Southern Nevada Mesquite Campus, library, community rec center, shopping, casinos, and much more.

## Location

- **Address:** 126 E First St N, Mesquite, NV 89027
- **County:** Clark
- **Neighborhood:** None (No Subdivision)
- **Coordinates:** 36.8050727, -114.0656697
- **Google Maps:** https://www.google.com/maps?q=36.8050727,-114.0656697

## Listing Agent

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

## Primary Photo

![126 E First St N - Primary Photo](http://lh.rdcpix.com/d0f74fa1861a92d482fc41f3249eb68cl-f42577470r.jpg)

*75 total photos available on [listing page](https://www.propertysimple.com/listing/126-e-first-st-n-mesquite-nv-89027-1127515)*

---

**MLS#:** 1127515 | **Updated:** 2026-04-24
**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/126-e-first-st-n-mesquite-nv-89027-1127515)

---

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  "name": "126 E First St N, Mesquite, NV 89027",
  "description": "Opportunity is knocking!!! Great investment property as is or significant potential for upgrading & increasing rate of return. As is, market rents of $1150/mo counting owner expenses should pick up a net cap rate of approx 6.6%. With upgrades like gating, carports, patios, or other amenities, could raise the cap rate potentially to as much as 7.8% range. 4 units recently updated with new paint, floor, counters, appliances, including some washer/dryers, new storage units, and more. Steadily renti",
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