
Las Vegas, NV 89104
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $606,048 Fair Market Value by 1%. This property offers $7,048 in Instant Equity. With a Condition Rating of 4, the home features a Pool, Granite Kitchen, and a versatile layout currently configured for rental income. The expansive 13,939sf lot provides significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing property in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1413 S 17th Street Subject | $599,000* List Price | 6 | 4 | 2,744 | $221 | - |
A 1816 Chapman Drive Sold | $625,000 | 4 | 4 | 2,883 | $217 | 0.3 mi |
B 2113 Alhambra Circle Sold | $456,773 | 4 | 3 | 2,089 | $219 | 1.0 mi |
C 1221 S 17th Street Active | $625,000 List Price | 5 | 4 | 3,215 | $194 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 with renovations (granite counters, tile flooring) likely performed 15-20 years ago. While functional and currently occupied, the interior finishes like the oak cabinetry and brass fireplace are dated. The property's current division into four separate rental units suggests a need for minor repairs and updates to revert it to a standard single-family residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 2744.
The property is currently configured into four separate living spaces with private entrances, offering immediate rental income opportunities or a versatile multi-generational living arrangement.
Situated on a nearly 14,000 sqft corner lot with no HOA, the home features a private pool, circular driveway with iron gates, and mature landscaping, providing significant outdoor value.
The current division into multiple rental units may require a buyer to invest in renovations to revert the floor plan back to a standard single-family residential design.
Built in 1964, the property may have aging mechanical, electrical, or plumbing systems that could necessitate future capital expenditures despite cosmetic updates.
Amazing 2,744sf single story home on a corner lot, no HOA!...approx. 14,000sf lot with a POOL!...this home currently has 4 different living spaces rented to family members on a mo-to-mo basis, producing great income...divided living spaces make up 6 br, 4 bath, with separate entrances, can easily be reverted back to the home's original 4 br design...kitchen & bathrooms w/granite counters...tile & wood-like flooring throughout...dual wood-burning fireplace...circular driveway w/iron gates...palm trees in front & rear yards...Centrally located, minutes to freeway, Downtown, Strip, airport, shopping, restaurants, schools, parks, & more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,744 | 1,606 | 94% |
| Lot Size | 13,939 | 6,970 | 98% |
| Price | $599.0K | $345.0K | 94% |
| Price per sq ft | $218 | $217 | 50% |
| Built year | 1964 | 1959 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 431 | 1% |
May 14, 2026
$599,000
Initial Listing
Sep 21, 1998
$95,000
Public Record