1569 Hialeah Drive, Las Vegas, NV 89119, Las Vegas, 89119 - 0 bed, 0 bath
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Las Vegas, NV 89119
Analysis of 1569 Hialeah Drive, Las Vegas, NV 89119 is currently available with a list price of $544,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1977 (47 years old) with no major renovations mentioned. The interior shows dated elements such as popcorn ceilings and older carpeting. While functional and currently generating rental income, the property requires cosmetic updates to the kitchen, baths, and flooring to reach modern standards.
The property generates a robust $3,400 monthly income with a 6% CAP rate, providing immediate cash flow and a solid return on investment for potential buyers.
Situated near the Las Vegas Strip, UNLV, and the airport, the property is positioned in a high-demand rental corridor, ensuring consistent occupancy and long-term appreciation.
Each unit features a private garage, fireplace, and large backyard, offering a 'single-family home' feel that commands premium rental rates and attracts long-term tenants.
Built in 1977, the property may require more frequent maintenance or capital expenditures for aging systems compared to newer residential income assets.
With 77 days on the market, the listing has exceeded the average absorption period, which may suggest the current price point is meeting resistance in the current interest rate environment.
Exceptional investment opportunity currently generating a 5.6% cap rate. Unlike the typical Las Vegas duplex, this property was designed for privacy and livability, with each 2-bedroom, 2-bath residence feeling like its own standalone home. Both units offer a private garage, fenced backyard, courtyard entrance, fireplace, and desirable single-story floor plan—features that consistently attract quality tenants. Situated on an expansive 10,454 SF lot in a quiet, established neighborhood where properties rarely become available, this duplex stands out from competing multifamily options. Its central location provides quick access to UNLV, Harry Reid International Airport, the Las Vegas Strip, and major employment hubs, supporting strong rental demand and long-term investment potential. Whether you're looking to add a high-performing asset to your portfolio or take advantage of house hacking by occupying one unit while renting the other, this is a rare chance to own a multifamily property that offers the comfort of single-family living with the benefits of income-producing real estate.
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 | 2,067 | - |
| Lot Size | 10,454 | - |
| Price | $545.0K | $258.8K |
| Price per sq ft | $264 | $124 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 113 | 1298 |
Jul 16, 2026
$544,999
$545,000
+0% Price Increase
Initial Listing
Mar 31, 2026
$545,000
Initial Listing