1300 E Saint Louis Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 0 bed, 0 bath
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Las Vegas, NV 89104
This Duplex Asset is a Strong Value Opportunity, listed at $475,000—positioned well below the $522,442 Fair Market Value by 9%. This valuation gap offers $47,442 in Instant Equity. With a Fair Condition Rating, the property features a versatile unit mix and low operating expenses, making it ideal for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack. Its historic Huntridge location provides high rental demand, ensuring long-term stability for this income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 E Saint Louis Avenue Subject | $475,000* List Price | 0 | 0 | 1,786 | $293 | - |
A 2300 Pardee Place Sold | $375,000 | 0 | 0 | 1,826 | $205 | 0.2 mi |
B 1308 E Saint Louis Avenue Active | $475,000 List Price | 0 | 0 | 1,826 | $260 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is 70 years old. While the description claims upgrades to 'modern taste,' the exterior shows dated windows, cracked concrete, and an older roof-mounted HVAC unit. It appears functional and well-maintained by a long-term owner, but the age of the structure and systems suggests it is dated and will require minor repairs or further modernization.
Situated in the historic Huntridge area, the property is minutes from the Las Vegas Strip and the Arts District, ensuring high tenant demand and long-term appreciation.
With no HOA fees and remarkably low annual property taxes of approximately $1,289, this duplex offers superior cash flow potential and higher net operating income.
The side-by-side configuration featuring a 3-bedroom and a 2-bedroom unit provides excellent flexibility for multi-generational living or a 'house-hacking' investment strategy.
Current rents are intentionally kept below market average, requiring a strategic rent realignment which may lead to initial tenant turnover or transition periods.
Originally constructed in 1954, the property may necessitate ongoing capital expenditures for aging structural components or utility systems despite recent cosmetic upgrades.
JUST LISTED* DELIGHTFUL SIDE BY SIDE 1 SRORY DUPLEX* WITH GREAT CURB APPEAL *IN HISTORIC HUNTRIDGE* INTHE VERY CENTER OF LAS VEGAS AND ONLY& 5 MINUTES FROM LAS VEGAS STRIP (WYNN ENCORE*THE SAHARA*STRAT*THE SPHERE).10 MINUTES WALK L TO THE VERY TRENDY ARTS DISTRICT*ALL SHOPS &RESTAURANTS ONLY SECONDS AWAY* SHORTSRTROLL TO SCHOOLS* STTING ON A BIG LOT EACH SIDE HAS THEIROWN FENCED BACKYARD*AND CARPORT AND PARKING FOR SEVERALEXTRA VEHICLES*3 BEDROOM UNIT ONE SIDE*2 BEDROOM UNIT THE OTHER SIDE* UPGRADED TO MODERN TASTE WITH PART HIGH CEILINGS *THE THE LONG TOIME OWNER NEVER HAS A VACANCY* AND HAS KEPT RENTS LOWER THAN AVERAGE TO DISCOURAGE LONG TENANTS FROM MOVING* THIS IS A GREAT OPPORTUNITY FOR INVESTORS * OR ASW HOME FOR THOSE WHO WANT TO LIVE IN ONE SIDE AND RECEIVGE RENT FROM THE OTHER, OR THISE FLOODING IN FROM CALIFORNIA TO BUY IN NV TO ESTABLISH RESIDENCY,(MOSTLY TO HAVE A BETTER LIFE AND SAVE ON TAXES,(PROPERTY TAXES ON THIS Y ARE ONLY $1289 PER YEAR(MAYBE $10,000 IN CAL)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,786 | 1,786 | 50% |
| Lot Size | 7,405 | 6,970 | 83% |
| Price | $475.0K | $187.5K | 83% |
| Price per sq ft | $266 | $103 | 83% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 1701 | 17% |
May 17, 2026
$475,000
Initial Listing