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Investment Properties for Sale in Mesquite NV
Mesquite's investment market is mostly condos and small townhomes bought as rentals or vacation rentals, not apartment buildings. True multi-family listings are rare here. There are 40 listings marketed to investors right now with a median asking price of $259,000.
Rental rules changed in 2026. In September the City of Mesquite passed Bill B26-007, which makes vacation rentals a permitted use in residential areas where they aren't expressly prohibited, approved by city staff instead of at a public hearing. A business license is still required, and HOA CC&Rs can still ban short-term rentals, so check both. Non-owner-occupied property can also see its Clark County property tax rise up to 8% a year, versus a 3% cap on a primary residence.
40 matching · page 1 of 2
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Mesquite MLS · updated Nov 3, 2026
Mesquite investment properties by the numbers
Active listings plus every closed sale recorded in the MLS. Medians, not averages, so one outlier sale can't skew them.
- For sale now
- 40
- median ask $259,000
- Median sale, last 12 mo
- $220,000
- 62 sold · -3.5% vs prior year ($228,000)
- Price per sq ft
- $200
- median of closed sales · typical 1,252 sq ft
- HOA dues
- $330/mo
- median · range $1–$668
Sold investment properties took a median of 78 days to go under contract and closed at 95.8% of their final list price over the last 12 months. Sold range: $90,000 to $2,300,000.
Investment properties by neighborhood
Closed sales over the last 24 months, plus what's listed today. Click a name for that community's page.
| Neighborhood | Sold (24 mo) | Median sale | Typical size | Built | HOA / mo | For sale now |
|---|---|---|---|---|---|---|
| Highland Estates | 10 | $112,000 | 581 sq ft | 1999 | $645 | 3 $114,000–$148,000 |
| Smokey Lane/Casa Blanca Villas | 9 | $95,000 | 445 sq ft | 1997 | $180 | 1 $97,000 |
| Rock Springs II | 8 | $179,000 | 1,094 sq ft | 1995 | $330 | 6 $162,999–$214,000 |
| Hawk Ridge | 7 | $265,000 | 1,364 sq ft | 2008 | $240 | 3 $228,000–$265,000 |
| Rock Springs I | 6 | $157,000 | 1,094 sq ft | 1994 | — | 0 |
| Falls Hillside Villas | 5 | $187,000 | 1,166 sq ft | 1997 | $334 | 3 $174,900–$199,900 |
| Cambria | 5 | $673,000 | 1,749 sq ft | 2023 | — | 0 |
| Classics | 4 | $355,000 | 1,684 sq ft | 2002 | $385 | 3 $259,000–$339,900 |
| The Springs | 4 | $218,000 | 1,052 sq ft | 2007 | $300 | 1 $259,900 |
| Enchantment | 3 | $210,000 | 989 sq ft | 2001 | — | 0 |
| Grapevine Villas | 3 | $270,000 | 1,360 sq ft | 2001 | — | 0 |
| Hayden Estates | 3 | $565,000 | 1,718 sq ft | 2017 | — | 0 |
| Mesquite Mesa | 3 | $243,000 | 1,251 sq ft | 1997 | — | 0 |
| Rivers Bend | 2 | $299,000 | 1,424 sq ft | 1998 | $135 | 1 $275,000 |
| Sandstone | 2 | $200,000 | 1,334 sq ft | 2002 | $1 | 1 $990,000 |
HOA dues are the median monthly fee on current listings and can change. Confirm the current amount and what it covers with the association before you buy. "Built" is the median year built.
Explore Mesquite
Common questions
About investment properties in Mesquite.
Are vacation rentals allowed in Mesquite, NV? ▾
Generally, yes. Since September 2026 (Bill B26-007), vacation rentals are a permitted use in residential areas where not expressly prohibited, with staff-level approval and a city business license. Your HOA can still restrict them, so read the CC&Rs first.
What do investment condos cost in Mesquite? ▾
Investor-marketed listings have a median asking price of $259,000 today. The lowest-priced complexes, such as Smokey Lane/Casa Blanca Villas and Highland Estates, are small units that sell well below the rest of the market.
Are there apartment buildings or multi-family properties for sale? ▾
Rarely. Mesquite has very few duplexes, triplexes or small apartment buildings, and they seldom come on the market. Most investors here buy condos or townhomes.
How are rental properties taxed in Nevada? ▾
Nevada has no personal income tax. Clark County caps yearly property tax increases at 3% only for an owner-occupied primary residence, and other property, rentals included, can rise up to 8% a year.
Which complexes do investors buy in? ▾
Over the last two years, investor-marketed sales have been concentrated in Smokey Lane/Casa Blanca Villas, Hawk Ridge, Rock Springs and Highland Estates. The table on this page shows recent prices for each.