1200 Franklin Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 1 bath
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Las Vegas, NV 89104
This High-Potential Investment Asset represents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $475,007 Fair Market Value by 31%. This significant valuation gap offers $150,007 in Instant Equity for buyers executing a comprehensive value-add strategy. Featuring a Private Pool and a large 7,841-square-foot lot in the historic Huntridge area, the property carries a Rough Condition Rating but offers immense ROI potential near the Las Vegas Strip. It is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Franklin Avenue Subject | $325,000* List Price | 3 | 1 | 1,542 | $308 | - |
A 1436 Bracken Avenue Sold | $270,000 List Price | 3 | 2 | 1,554 | 0.2 mi | |
B 1117 FRANCIS Avenue Sold | $415,000 | 3 | 2 | 1,612 | $257 | 0.2 mi |
C 1407 Bracken Avenue Sold | $375,000 | 3 | 2 | 1,512 | $248 | 0.2 mi |
D 1506 E Saint Louis Avenue Sold | $400,000 | 4 | 2 | 1,743 | $229 | 0.5 mi |
E 1212 S 7th Street Sold | $299,000 List Price | 3 | 2 | 1,101 | 0.5 mi | |
F 1813 Bracken Avenue Sold | $310,000 | 3 | 2 | 1,427 | $217 | 0.7 mi |
G 1828 Hassett Avenue Active | $380,000 List Price | 3 | 3 | 1,576 | $241 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944, this property is in rough condition and sold as-is via foreclosure. The listing description and images confirm the need for a full-scale renovation, showing a stagnant pool, makeshift structural supports for the carport, and significant exterior neglect. The property requires substantial rehabilitation of all major systems, including the kitchen and bathrooms, to meet modern safety and habitability standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1542.
Situated just minutes from Fremont Street and the Las Vegas Strip, this property offers exceptional access to world-class entertainment, dining, and major transit corridors, ensuring high demand for future resale or rental.
The inclusion of a private pool on a generous 7,841-square-foot lot provides a rare and highly desirable outdoor amenity that significantly enhances the property's market value once restored.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is currently in rough condition and requires a full-scale renovation, which will necessitate a substantial upfront capital investment and project management oversight.
Sold as a foreclosure in strictly as-is condition, the property may present challenges for traditional financing and offers no seller warranties or repairs.
Unlock the potential in this single-story Las Vegas property situated just minutes from Fremont Street, the Las Vegas Strip, and major shopping/dining corridors. This home offers an incredible opportunity for investors, flippers, or buyers looking to customize their own space. Featuring a private pool and a functional single-level layout, the property sits in a location where renovated homes are commanding strong resale values, making this an ideal project with upside potential. While the home is in rough condition and requires renovation, it presents a blank canvas to add value and maximize returns. Convenient access to major freeways and central Las Vegas amenities enhances both rental and resale appeal. Whether you’re looking for your next flip, long-term rental, or sweat-equity opportunity, this is one you don’t want to miss. Foreclosure property – sold as-is. Priced to reflect condition.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,542 | 1,591.5 | 42% |
| Lot Size | 7,841 | 6,970 | 62% |
| Price | $325.0K | $352.0K | 44% |
| Price per sq ft | $211 | $220 | 44% |
| Built year | 1944 | 1959 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 349 | 1% |
Mar 17, 2026
$325,000
Initial Listing