
Henderson, NV 89015
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $298,606 Fair Market Value by -5%. Featuring a Condition Rating of 5, the home requires a comprehensive rehab to address vintage infrastructure and deferred maintenance. Located within walking distance of the vibrant Water Street District and near the highly-rated Gordon McCaw Elementary School, this asset offers significant upside for Fix-and-Flip Investors or Contractors capable of modernizing the 1952 floor plan to maximize rental or resale value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 West Victory Road Subject | $305,000* List Price | 2 | 1 | 1,072 | $275 | - |
A 41 LASWELL Street Sold | $325,000 | 3 | 2 | 1,264 | $257 | 0.5 mi |
B 465 Annapolis Circle Sold | $369,000 | 3 | 2 | 1,112 | $332 | 1.0 mi |
C 223 W Basic Road Active | $249,999 List Price | 2 | 1 | 872 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (72 years old), the property shows significant signs of age and deferred maintenance. The exterior stucco is in poor condition with visible patching/peeling, and the laundry is located outdoors, indicating a lack of modern structural updates. While some windows and flooring have been replaced, the home lacks a comprehensive renovation within the last 30 years and requires a full rehab.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property is ideally located within walking distance of Henderson's vibrant Water Street District, providing immediate access to local shops, restaurants, and entertainment.
With an association fee of $0, this residence offers greater monthly affordability and freedom from restrictive community covenants.
Built in 1952, the property may require updates to its original systems or structural components to meet modern efficiency and safety standards.
The single-bathroom layout may be a drawback for multi-resident households or those seeking modern convenience and privacy.
This cozy house has plenty of parking and is conveniently located within walking distance of Henderson's vibrant Water Street District. Residents enjoy access to shops, restaurants, art galleries, casinos, and entertainment.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,072 | - |
| Lot Size | 5,227 | - |
| Price | $305.0K | $527.3K |
| Price per sq ft | $285 | $279 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 2555 |
Jul 5, 2026
$305,000
$315,000
-3% Price Drop
Initial Listing
May 19, 2026
$315,000
Initial Listing