140 Kola Street, Henderson, NV 89015, Henderson, 89015 - 4 bed, 2 bath
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140 Kola Street
Henderson, NV 89015
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,497Sq Ft
7,405Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$331,776
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $331,777 Fair Market Value by -5%. Given the Poor Condition Rating and the need for a full gut rehabilitation, this asset requires significant capital expenditure to address structural and aesthetic neglect. However, the 7,405 sqft Large Lot and No HOA Fees provide a solid foundation for value-add strategies. This project is best suited for Fix-and-Flip Investors or Contractors capable of managing extensive renovations.
Estimated Market Value
$331,776
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Kola Street Subject | $350,000* List Price | 4 | 2 | 1,497 | $222 | - |
A 449 Republic Street Sold | $357,500 | 3 | 1 | 1,654 | $216 | 1.0 mi |
B 145 ELM Street Sold | $280,000 | 4 | 1 | 1,470 | $190 | 0.3 mi |
C 908 Sunnyfield Way Sold | $320,000 | 3 | 2 | 1,334 | $240 | 0.9 mi |
D 408 ALOHA Drive Sold | $289,000 List Price | 4 | 2 | 1,750 | 0.4 mi | |
E 2 California Way Sold | $276,900 | 3 | 1 | 950 | $291 | 0.9 mi |
F 914 Palo Verde Drive Pending | $299,900 List Price | 4 | 2 | 1,774 | $169 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1963 (61 years old) with no evidence of renovation. The interior shows significant neglect, including visible water damage and holes in the ceiling, broken fixtures, and a severely dated, unsanitary kitchen and bathrooms requiring a full gut rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1497.
- No HOA Fees
The property features a $0 association fee, providing significant monthly savings and greater flexibility for homeowners compared to many other Henderson subdivisions.
- Generous Lot Size
With a 7,405 square foot lot, this property offers substantial outdoor space for recreation, gardening, or potential additions, which is a high-value asset in a residential neighborhood.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1963, the home may require significant capital investment for modernizing aesthetic finishes and upgrading aging mechanical, electrical, or plumbing systems.
- Compact Living Areas
Fitting four bedrooms into under 1,500 square feet suggests that individual room dimensions and common living areas may feel cramped compared to modern open-concept designs.
About 140 Kola Street
1-STORY HOME IN HENDERSON~~SURROUNDED BY RESTAURANTS & SHOPPING~~4 BEDROOMS, 2 BATHROOMS~~SEPARATE LIVING ROOM & DINING ROOM~~FIREPLACE~~LARGE LOT~~CALL FOR A PRIVATE SHOWING BEFORE IT'S SOLD!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,497 | 2,064.015 |
| Lot Size | 7,405 | 6,098 |
| Price | $350.0K | $525.0K |
| Price per sq ft | $234 | $265 |
| Built year | 1963 | 2005 |
| HOA | $0 | $110 |
| Days on market | 23 | 70 |
Pricing History
Listed for Sale
Aug 17, 2026
$350,000
Initial Listing