
Las Vegas, NV 89104
This Duplex Residential Income Asset is a Strong Value Opportunity, listed at $421,000—positioned well below the $399,876 Fair Market Value by -5%. While the list price exceeds the current estimation, the property features a Mint Condition Rating following a comprehensive renovation, including a modern kitchen and updated bath. With no HOA fees and FHA financing eligibility, this property provides a stable foundation for house-hacking or rental income. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, income-generating property near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 June Avenue Subject | $421,000* List Price | 0 | 0 | 1,292 | $310 | - |
A 1147 May Avenue Pending | $304,999 List Price | 0 | 0 | 1,124 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1951 build date, the property has undergone a recent comprehensive renovation (likely <5 years). The interior features a modern kitchen with white shaker cabinets and quartz countertops, and a fully updated bathroom with contemporary tile and fixtures, putting it in mint condition.
As a duplex with no HOA fees, this property offers a versatile investment opportunity for rental income or a house-hacking strategy using FHA financing.
Ideally situated near the Las Vegas Strip, Downtown, and major freeway access, ensuring high tenant demand and convenience for commuters.
The property is eligible for FHA financing, providing a rare opportunity for an owner-occupant to enter the multi-family market with a lower down payment.
Built in 1951, the property may require significant capital expenditure for modernizing systems or addressing deferred maintenance common in older structures.
The assigned public schools have low performance ratings, which could limit the pool of potential long-term tenants or buyers with school-aged children.
Investment OPPORTUNITY! 2 nice looking units and 1 available to preview! Ample parking. NO HOA. Near Las Vegas Strip, Downtown & nearby freeway access! Need to live in a unit and purchase with using FHA financing, this may be your chance!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,292 | - |
| Lot Size | 6,098 | - |
| Price | $421.0K | $258.8K |
| Price per sq ft | $326 | $124 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 1298 |
Jun 24, 2026
$421,000
Initial Listing