1018 I Street, Las Vegas, NV 89106, Las Vegas, 89106 - 2 bed, 1 bath
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Las Vegas, NV 89106
This property presents a High-Potential Investment Opportunity with a List Price of $217,000—positioned well below the $207,829 Fair Market Value by -4%. As a Condition Rating 5 fixer-upper, this asset requires significant capital to modernize the 806 SqFt main residence. However, the 6,970 SqFt lot and Guest House with kitchen/bath provide substantial value-add potential for rental income. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to leverage the property's flexible, non-HOA zoning for long-term equity growth.
Property is extensive renovation needed.
Built in 1955 (69 years old) and explicitly described as a 'fixer upper.' The exterior image shows a blue tarp on the roof, indicating significant structural/safety defects. Given the age and description, the kitchen, bathroom, and major systems likely require a full rehab.
The property features a separate guest house complete with its own kitchen and bathroom, offering a unique opportunity for rental income or multi-generational living.
Sitting on a substantial 6,970 square foot lot, there is ample space for outdoor development, gardening, or potential expansion of the existing structures.
With no association fees or HOA oversight, owners have the freedom to customize the property and enjoy lower monthly carrying costs.
As a designated fixer-upper built in 1955, the property requires significant capital investment to address aging systems and modernize the living spaces.
The main residence is quite compact at only 806 square feet, which may be a constraint for families or buyers seeking more spacious interior accommodations.
This is a fixer upper in the heart of Las Vegas. There are 2 bedrooms, 1 bathroom and it sits on a large 6,970 SqFt lot. There is a storage shed and a guest house with bathroom and kitchen. As you enter the front door, you walk into the open-concept living room area and kitchen.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 806 | 1,300 | 3% |
| Lot Size | 6,970 | 6,316 | 67% |
| Price | $214.0K | $313.0K | 39% |
| Price per sq ft | $266 | $225 | 74% |
| Built year | 1955 | 1965 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 678 | 1% |
May 21, 2026
$214,000
$217,000
-1% Price Drop
Initial Listing
May 7, 2026
$217,000
Initial Listing