1316 Lawry Avenue, Las Vegas, NV 89106, Las Vegas, 89106 - 4 bed, 1 bath
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Las Vegas, NV 89106
This Development-Ready Residential Asset is listed at $364,900, positioned above its $312,629 Fair Market Value due to the rare inclusion of a double lot with R2 Duplex Zoning. The property features significant functional upgrades, including a Brand New Roof, a New AC Unit, and a 400 sq ft Living Area Addition. While maintaining a Condition Rating of 4 with an upgraded Granite Kitchen, the home offers proximity to the highly-rated Jo Mackey Elementary. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking forced appreciation through secondary unit construction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1316 Lawry Avenue Subject | $364,900* List Price | 4 | 1 | 1,173 | $267 | - |
A 616 Bowman Avenue Sold | $350,000 | 4 | 2 | 1,248 | $280 | 0.6 mi |
B 1323 W Bartlett Avenue Sold | $325,000 | 3 | 2 | 1,072 | $303 | 0.1 mi |
C 2060 Fred Brown Drive Sold | $321,900 | 3 | 2 | 1,309 | $246 | 0.2 mi |
D 1116 Hart Avenue Sold | $259,990 List Price | 3 | 2 | 1,176 | 0.2 mi | |
E 1328 Balzar Avenue Sold | $315,000 | 4 | 2 | 1,320 | $239 | 0.1 mi |
F 1901 Manhattan Drive Sold | $330,000 | 4 | 2 | 1,347 | $245 | 1.0 mi |
G 1024 Blankenship Avenue Active | $380,000 List Price | 4 | 2 | 1,400 | $271 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property has undergone some significant functional updates including a brand-new roof, a new AC unit, and a kitchen upgraded with granite countertops. However, the interior finishes shown in the images appear basic and dated, and the home suffers from functional obsolescence with only one bathroom serving four bedrooms. While maintained, it lacks the comprehensive modern renovation required for a higher rating.
The property is situated on a double lot zoned for a duplex, offering a significant opportunity to build a second unit for rental income or multi-generational living.
The home features a brand-new roof and a new AC unit, providing immediate value and reducing the likelihood of high-cost maintenance issues in the near future.
With no Homeowners Association, owners enjoy greater flexibility with property use and avoid monthly association fees, enhancing long-term affordability.
Despite having four bedrooms, the home only contains one bathroom, which may create functional challenges for larger families or impact resale appeal.
The property is served by several schools with low performance ratings, which could be a drawback for families prioritizing educational proximity.
NO HOA Home features 4 bedrooms with 1 bathroom and a newly added 400 sq ft living area. Hard wood and Tile floors through the main living area. the Kitchen is upgraded with Granite counter tops. There is a large yard to play in. Room to build 2nd unit on this double lot zoned for duplex. Brand new roof and AC unit
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,173 | 1,306 | 29% |
| Lot Size | 5,227 | 6,534 | 39% |
| Price | $364.9K | $310.0K | 81% |
| Price per sq ft | $311 | $224 | 97% |
| Built year | 1960 | 1963 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 295 | 776 | 39% |
Jul 1, 2025
$364,900
Initial Listing
Feb 11, 1998
$52,000
Public Record
Aug 19, 1997
$45,000
Public Record
Jun 14, 1996
$32,000
Public Record