1312 Wheatland Way, Las Vegas, NV 89128, Las Vegas, 89128 - 3 bed, 2 bath
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Las Vegas, NV 89128
This Investor-Focused Single-Family Home presents a Strong Value Opportunity with a List Price of $350,000—positioned well below the $369,521 Fair Market Value by 5%. This valuation gap provides $19,521 in Instant Equity for buyers ready to modernize the 1980s Condition interior. Featuring a functional two-story layout, 2-car garage, and No HOA Fees, the property offers significant value-add potential through strategic renovations. It is a high-upside acquisition perfectly suited for Fix-and-Flip Investors or Buy-and-Hold Investors targeting the high-demand 89128 zip code.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1312 Wheatland Way Subject | $350,000* List Price | 3 | 2 | 1,508 | $245 | - |
A 1628 Sierra Hills Way Sold | $365,000 | 3 | 2 | 1,322 | $276 | 0.3 mi |
B 7037 Brown Derby Circle Sold | $410,000 List Price | 3 | 3 | 1,552 | 0.2 mi | |
C 1009 OLVERA Way Sold | $270,000 List Price | 3 | 3 | 1,265 | 0.3 mi | |
D 7101 Carrondale Way Sold | $425,000 | 3 | 2 | 1,699 | $250 | 0.2 mi |
E 1813 NAVAJO LAKE Way Sold | $383,000 | 3 | 3 | 1,481 | $259 | 0.5 mi |
F 1729 Villa Vista Way Sold | $375,000 List Price | 3 | 2 | 1,322 | 0.4 mi | |
G 1845 Villa Vista Way Active | $420,000 List Price | 3 | 3 | 1,481 | $284 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is explicitly marketed as an 'equity opportunity' for investors, which typically indicates the interior is in original or outdated condition. While the exterior appears structurally sound with a decent paint job, the 40-year age and the listing's focus on 'potential' suggest that the kitchen, bathrooms, and major systems likely require modernization and minor repairs to meet current market standards.
Marketed as an equity opportunity and priced to sell, this property offers significant upside for investors or buyers looking to build value through strategic renovations.
The absence of a homeowners association fee provides owners with lower monthly carrying costs and greater freedom from restrictive community rules.
The 1,508 sq. ft. two-story floor plan features a practical 3-bedroom, 2-bathroom configuration with a 2-car garage, making it an ideal footprint for families or renters.
The immediate public schools assigned to this address, including the nearby elementary and high schools, currently hold lower performance ratings, which may impact appeal for some families.
Built in 1984 and positioned as an equity play, the home likely requires significant cosmetic or structural updates to meet modern market standards.
PRICED TO SELL! EQUITY OPPORTUNITY IN 89128! Investors and motivated buyers—this is the one! This spacious 1,508 sq. ft. single-family home features 3 bedrooms, 2 bathrooms, and a functional two-story layout with a 2-car garage. Situated on a 5,200+ sq. ft. lot in the established Rainbow Park community, this home offers massive potential for immediate equity growth.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,508 | 1,992 | 23% |
| Lot Size | 5,227 | 5,227 | 50% |
| Price | $350.0K | $402.0K | 40% |
| Price per sq ft | $232 | $227 | 53% |
| Built year | 1984 | 1992 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 1154 | 0% |
Mar 11, 2026
$350,000
Initial Listing
Sep 24, 1998
$112,000
Public Record