126 E First N St
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$789,000 
MLS #:
1127515
Beds:
8
Baths:
4
Sq. Ft.:
3080
Lot Size:
0.22 Acres
Yr. Built:
1988
Type:
Multi-Family
Multi Family - Resale Home, 4+ Units, HOA-No, Special Assessment-No
Tax/APN #:
00116603002
Taxes/Yr.:
$2,130
Area:
South of I15
Community:
None (No Master PUD)
Subdivision:
None (No Subdivision)
Address:
126 E First N St
Mesquite, NV 89027
Recently updated 4-plex in the heart of MESQUITE!
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 $1050-1150/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.
Interior Features:
Cooling: Central Air
Cooling: Electric
Cooling: Heat Pump
Flooring- Laminate
Heating: Electric
Heating: Heat Pump
Exterior Features:
4+ Units
Construction: Stucco
Curb & Gutter
Foundation: Slab on Grade
Roof: Composition
Roof: Flat
Sidewalks
Appliances:
Dishwasher
Freezer
Garbage Disposal
Oven/Range
Oven/Range- Electric
Refrigerator
W/D Hookups
Washer & Dryer
Water Heater- Electric
Other Features:
HOA-No
Resale Home
Special Assessment-No
Style: 2 story above ground
Utilities:
Cable T.V.
Garbage Collection
Power Source: City/Municipal
Sewer: Hooked-up
Water Source: City/Municipal
Listing offered by:
E. Shaun Caldwell - License# B.0143955.LLC with Prime Properties Mesquite - (702) 701-3326.
Map of Location:
Data Source: Listing data provided courtesy of: Mesquite Nevada MLS (Data last refreshed: 03/22/26 1:36pm) - 1

Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
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(435) 229-6326
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