
Las Vegas, NV 89104
This Multifamily Residential Income Asset is a High-Potential Investment Opportunity, listed at $514,900—positioned slightly above the $506,721 Fair Market Value. While the property is priced at market, its Mint Condition Rating and recent comprehensive renovations ensure immediate rental readiness. Featuring a 5-bedroom, 2-bathroom duplex configuration with no HOA fees, this property offers significant flexibility for income generation. Its central location near major employment hubs provides strong tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hacking solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1317 Exley Avenue Subject | $514,900* List Price | 0 | 0 | 1,796 | $282 | - |
A 1312 E Saint Louis Avenue Active | $449,000 List Price | 0 | 0 | 1,786 | $251 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1954 build date, the property shows evidence of a recent comprehensive renovation (likely <5 years) including new grey wood-look vinyl flooring, fresh interior paint, updated bathroom vanities, and modern lighting fixtures, placing it in mint, move-in condition.
The duplex configuration with five total bedrooms offers significant flexibility for rental income, house hacking, or multi-generational living arrangements in a high-demand area.
Situated near Sahara Avenue and Maryland Parkway, the property provides excellent proximity to Downtown Las Vegas, the Strip, and major employment hubs.
The absence of a homeowners association reduces monthly carrying costs and eliminates restrictive covenants, maximizing net operating income for potential investors.
Originally constructed in 1954, the property may require more frequent maintenance or capital improvements to major systems compared to newer residential income properties.
With only two bathrooms shared among five bedrooms across both units, the low bathroom-to-bedroom ratio may impact tenant appeal and daily convenience.
Discover an excellent opportunity at 1317 Exley Ave, a centrally located Las Vegas duplex offering flexibility for investors, owner-occupants, or buyers looking for a multi-generational living option. Situated in the 89104 ZIP code near Sahara Avenue and Maryland Parkway, this multifamily property provides convenient access to Downtown Las Vegas, the Las Vegas Strip, shopping, dining, schools, public transportation, and major employment centers. This single-story duplex offers approximately 1,796 square feet of total living space with 5 bedrooms and 2 bathrooms between the two units. Each residence provides its own living space, creating multiple possibilities for rental income, extended-family living, or an owner-occupant who wants to live in one unit while renting the other. Interiors feature comfortable living areas, spacious kitchen space, vinyl flooring, and functional floor plans. Located on an approximately 6,970-square-foot lot, this Las Vegas multifamily property offers the potential investors look for in an established central neighborhood. With two separate units and a convenient location close to some of the city's most recognizable destinations, 1317 Exley Ave is an opportunity to add a duplex to your Las Vegas real estate portfolio or explore the benefits of owner-occupied multifamily living. Whether you're searching for a Las Vegas investment property, income-producing duplex, or flexible multi-unit home, 1317 Exley Ave deserves a closer look.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,796 | 1,729 |
| Lot Size | 6,970 | 7,623 |
| Price | $514.9K | $385.0K |
| Price per sq ft | $287 | $222 |
| Built year | 1954 | 1953 |
| HOA | $0 | $0 |
| Days on market | 8 | 51 |
Sep 1, 2026
$514,900
Initial Listing
May 24, 1996
$26,000
Public Record