705 W Monroe Avenue
About 705 W Monroe Avenue
705 West Monroe Avenue Apartments is a 4-unit value- add opportunity, featuring spacious one- and two-bedroom floorplans. Located in the historic Westside neighborhood of Las Vegas, the property is near the newly developed College of Southern Nevada campus, ShareWestside, and is just minutes from the Fremont Street Experience. The property benefits from strong rental demand driven by ongoing redevelopment in the area, with convenient access to I-15 and US-95 providing connectivity to major employment, retail, and entertainment hubs throughout the Las Vegas valley.
Location
Open in Google Maps →Property Details
Community Information
- Address
- 705 W Monroe Avenue, Las Vegas, NV 89106
- Neighborhood
- H F M & M Add
- County
- Clark
- City
- Las Vegas
- Subdivision
- H F M & M Add
- Zip Code
- 89106
School Information
- Elementary
- West Prep Elementary School (K-5) · 0 mi
- Elementary
- Williams Wendell Elementary School (K-5) · 0 mi
- High
- Canyon Springs High School (9-12) · 0 mi
- High
- College of So NV High School East (9-12) · 0 mi
- High
- College of So NV High School South (9-12) · 0 mi
- High
- College of So NV High School West (9-12) · 0 mi
- High
- Northwest Career-Technical Academy High School (9-12) · 0 mi
Architecture
- Bedrooms
- 0
- Bathrooms
- 0 full
- Year Built
- 1970
Features / Amenities
- Parking Total
- 4
- Heating
- Central, Electric
Property Features
- Lot Size
- 0.17 sqft (0.17 ac)
- Sewer
- Public Sewer
Tax & Financial
- Tax Annual Amount
- $1,262
- Association Fee
- None
- Senior Community
- No
- Listed$539,000April 26, 2026
- TodayPending40 days on market
List date approximated from current days-on-market. Source: GLVAR MLS via Repliers IDX.
Mortgage Calculator
- Principal & Interest: $2,725
- Property Tax: $105
- Insurance: $157
California → Nevada Tax Savings
See the breakdown
| California | Nevada | Savings | |
|---|---|---|---|
| State income tax | $15,304 | $0 | $15,304 |
| Property tax (year 1) | $5,929 | $2,965 | $2,964 |
| Year-1 total | $18,268 | ||
Estimate only. CA income tax uses 2026 inflation-adjusted brackets and the standard deduction; property tax assumes 1.10% CA effective rate (Prop 13 + assessments) and 0.55% Clark County effective rate. 10-year projection compounds the tax base at 3% per year. Consult a CPA before making relocation decisions.
Schools
View all schools →7 schools currently zoned to serve 705 W Monroe Avenue. Attendance-zone data via LiveBy; ratings reflect the most recent GreatSchools/NV state rank.
Who lives in West Las Vegas
An exclusive snapshot benchmarked against Las Vegas
West Las Vegas skews slightly younger than average, with a median age of 32 vs 39 county-wide, with 36% of households raising children. Just 35% of homes are owner-occupied, below the 56% county average, and median household income ($38K) significantly trails the county's $71K. 9% of adults hold a bachelor's degree, under the 25% county average.
Source American Census Survey 2023 via LiveBy. Benchmarks Las Vegas aggregate.
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Inside the H F M & M Add Market
H F M & M Add sits inside the 89106 ZIP, where the typical active listing is asking $378K and closed sales are pricing down 2.2% over the trailing twelve months. Recent comparable sales have cleared at roughly $248 per square foot, with the median property going under contract in about 25 days. Current absorption sits at 5.3 months of inventory — a balanced market where well-priced homes still move quickly.
Explore the H F M & M Add Market Report →Similar Listings
View all →Frequently Asked Questions
What are the HOA fees and what do they cover?
705 W Monroe Avenue has no HOA reported on the listing — there are no monthly association dues on record for this property.
What schools serve 705 W Monroe Avenue?
705 W Monroe Avenue is zoned for West Prep Elementary School (K-5, GreatSchools 4/10); Williams Wendell Elementary School (K-5, GreatSchools 5/10); Canyon Springs High School (9-12, GreatSchools 5/10); College of So NV High School East (9-12, GreatSchools 8/10); College of So NV High School South (9-12, GreatSchools 10/10); College of So NV High School West (9-12, GreatSchools 10/10); Northwest Career-Technical Academy High School (9-12, GreatSchools 10/10). Clark County School District boundaries can change year to year — confirm current zoning before you write an offer.
What is the price per square foot?
705 W Monroe Avenue is priced at about $195 per square foot — $539,000 for 2,768 sq ft.
What is the estimated monthly payment?
Estimated principal & interest on 705 W Monroe Avenue runs about $2,725/month, based on 20% down on the $539,000 list price and a 30-year fixed at 6.5%. Property taxes, insurance are additional — use the mortgage calculator on this page to model your own rate and down payment.
Has the price been reduced?
705 W Monroe Avenue is listed at $539,000 with no price reductions on record since it came to market 40 days ago.
How long has 705 W Monroe Avenue been on the market?
705 W Monroe Avenue has been on the market 40 days as of 2026-05-28.
What are recent comparable sales near 705 W Monroe Avenue?
We pull a custom comparable-sales set within 0.5 miles closed in the last 90 days for 705 W Monroe Avenue — request it via the Schedule a Tour form above or call (702) 637-1759.
Is this a gated community?
705 W Monroe Avenue is not flagged as being inside a gated community in the listing data. Call (702) 637-1759 and we'll confirm the access details.
Is 705 W Monroe Avenue in a flood zone?
Most of the Las Vegas valley sits in FEMA Zone X (low-risk), and we do not show a high-risk flood designation on file for 705 W Monroe Avenue. We pull the official FEMA flood map for this exact address before you write an offer — call (702) 637-1759 for the current determination.
What appliances and features are included?
The full appliance and inclusions list for 705 W Monroe Avenue is confirmed during the offer and inspection phase — call (702) 637-1759 for current details.
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Listing provided courtesy of ABI Multifamily, LLC.
Information deemed reliable but not guaranteed. 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® (GLVAR). Listings are courtesy of various agents and brokerages participating in the program. All listing data is updated by Repliers and may not reflect all real estate activity in the market.
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