115 Ivy Street, Henderson, NV 89015, Henderson, 89015 - 3 bed, 2 bath
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Henderson, NV 89015
This Income-Producing Residential Property is a Strong Value Opportunity, listed at $459,000—positioned well below the $432,593 Fair Market Value by -6%. Featuring a Mint Condition Rating and a private-entry guest suite, the home offers immediate cash flow potential with a reported $2,000/month in rental income. The backyard pool and covered patio enhance the lifestyle appeal of this 1954 build. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, turnkey house-hacking solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 115 Ivy Street Subject | $459,000* List Price | 3 | 2 | 1,394 | $310 | - |
A 449 Groft Way Sold | $435,000 | 3 | 2 | 1,703 | $255 | 0.7 mi |
B 139 Fir Street Active | $374,000 List Price | 3 | 1 | 1,330 | $281 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a comprehensive recent remodel with high-end finishes in the kitchen and bathrooms, new LVP flooring, and updated fixtures. It is currently in mint, move-in-ready condition, meeting the criteria for a renovation under 5 years old.
The property features a unique guest suite with a private entry, currently operating as a permitted short-term rental with a reported net income of $2,000/month, offering excellent house-hacking or investment opportunities.
The home has been thoughtfully remodeled with high-end finishes in the kitchen and bathrooms, and includes a private backyard oasis with a sparkling pool and covered patio.
With an association fee of $0, owners enjoy greater freedom over property usage and lower monthly carrying costs compared to many other Henderson residential communities.
Built in 1954, the property may have aged structural components or utility systems that could require more maintenance than a newer build, despite the recent cosmetic renovations.
The short-term rental income and permit status are seller-reported, placing the burden of due diligence on the buyer to verify local Henderson compliance and future rental viability.
Beautifully remodeled home with rare income-producing potential. This unique property offers a 2-bedroom, 1-bath main residence plus a private-entry 1-bedroom, 1-bath guest suite, creating the perfect opportunity to live in one side while renting the other, host extended guests, or continue using the property as an investment. Thoughtfully updated throughout, the home features stylish, high-end finishes in the kitchen and bathrooms, a functional layout, and a backyard designed for enjoying summer days with a sparkling pool and covered patio. The guest suite offers its own private access for added flexibility and privacy. Currently operating as a fully permitted short-term rental with seller-reported average net income of approximately $2,000/month. Buyer to verify all short-term rental permits, income, usage, and local requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,394 | - |
| Lot Size | 6,098 | - |
| Price | $459.0K | $527.3K |
| Price per sq ft | $329 | $279 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 25 | 2555 |
Jun 27, 2026
$459,000
Initial Listing
Nov 9, 2017
$175,000
Public Record