1316 Lawry Avenue, Las Vegas, NV 89106, Las Vegas, 89106 - 4 bed, 1 bath
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Las Vegas, NV 89106
This Value-Add Residential Asset is listed at $364,900, reflecting a premium over the $320,645 Fair Market Value due to its rare Development Potential. The double lot is Zoned for Duplex, allowing for a second dwelling unit to maximize rental yield. Condition Rating 4 is supported by critical updates, including a Brand New Roof and AC and an upgraded Granite Kitchen. Served by the high-rated Jo Mackey Elementary, the No HOA status and 400 sq ft Addition offer significant flexibility despite the 4-bedroom to 1-bathroom ratio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
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 | $273 | - |
A 616 Bowman Avenue Sold | $350,000 | 4 | 2 | 1,248 | $280 | 0.6 mi |
B 1116 Hart Avenue Sold | $259,990 List Price | 3 | 2 | 1,176 | 0.2 mi | |
C 1323 W Bartlett Avenue Sold | $325,000 | 3 | 2 | 1,072 | $303 | 0.1 mi |
D 1328 Balzar Avenue Sold | $315,000 | 4 | 2 | 1,320 | $239 | 0.1 mi |
E 2060 Fred Brown Drive Sold | $321,900 | 3 | 2 | 1,309 | $246 | 0.2 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 is aged but avoids a lower rating due to critical system updates including a brand new roof and AC unit. While the kitchen features granite upgrades, the cabinetry and wood-paneled walls are dated, and the 4-bedroom to 1-bathroom ratio reflects older functional standards requiring further modernization.
The property is situated on a double lot zoned for a duplex, providing a unique opportunity to build a second unit for rental income or multi-generational living.
The home features a brand-new roof and AC unit, along with an upgraded kitchen with granite countertops, significantly reducing immediate maintenance costs for the buyer.
With no HOA fees and a newly added 400 sq ft living area, the property offers both financial freedom and more functional square footage than many comparable homes in the area.
The home features four bedrooms but only one bathroom, which creates a significant functional bottleneck for larger families and may impact resale value.
The property is served by several schools with low performance ratings, particularly at the high school level, which may deter education-focused buyers.
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 | 57% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,173 | 1,300 | 32% |
| Lot Size | 5,227 | 6,534 | 41% |
| Price | $364.9K | $316.0K | 80% |
| Price per sq ft | $311 | $223 | 96% |
| Built year | 1960 | 1964 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 584 | 1% |
Apr 24, 2026
$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