1520 Stewart Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 0 bed, 0 bath
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Las Vegas, NV 89101
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $291,064 Fair Market Value by 20%. While the property requires significant capital expenditure due to its Condition Rating of 5, the Multi-Unit Income Potential of this Residential Income Duplex provides a strategic foundation for rental revenue. Located in a prime downtown area with no HOA fees, this asset is ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive rehab to modernize the aging infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1520 Stewart Avenue Subject | $350,000* List Price | 0 | 0 | 1,666 | $175 | - |
A 1518 Linden Avenue Active | $399,000 List Price | 0 | 0 | 1,926 | $207 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1943, this 80+ year old property shows significant signs of age despite minor cosmetic flooring updates. The bathroom features dated fixtures and an old wall heater, while the exterior and roof-mounted HVAC systems appear to be well beyond their mid-life cycle, indicating a need for a comprehensive rehab.
Situated in the heart of Las Vegas near the Downtown Strip and major highways, this property offers high visibility and convenience for urban-dwelling tenants.
Configured with three separate units (two 1-bedroom units and one studio), the property provides diversified rental income streams and maximizes the ROI for investors.
The absence of a homeowners association eliminates monthly fees and restrictive covenants, allowing for higher net operating income and greater flexibility in property management.
Built in 1943, the property may require significant capital expenditures for repairs or modernization of older mechanical, electrical, and plumbing systems.
The assigned public schools have low performance ratings, which may deter families and limit the potential tenant base to a more specific demographic.
Tremondus Downtown Located. Single story Duplex with a total of 3 Units. Two 1 bed/1 bath units and One studio unit. Apartment is located in the heart of Las Vegas close to Downtown Strip, Las Vegas Blvd and major highways. With a private entrance and a spacious layout, this property offers the perfect blend of convenience and comfort. Whether you're looking to relax at home or explore the vibrant city, this apartment is the ideal place to call home. Don't miss out on this opportunity to live in a prime location with all the amenities you need for a comfortable lifestyle.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,666 | 1,913 | 50% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $350.0K | $0 | 75% |
| Price per sq ft | $210 | $0 | 75% |
| Built year | 1943 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 2360 | 25% |
May 22, 2026
$350,000
Initial Listing
Mar 25, 1997
$75,000
Public Record