
Las Vegas, NV 89119
Analysis of 1569 Hialeah Drive, Las Vegas, NV 89119 is currently available with a list price of $545,000. 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, this duplex is well-maintained and functional but shows clear signs of age, including popcorn ceilings, older carpeting, and dated interior finishes. While the property is move-in ready and currently income-producing, it has not undergone a recent comprehensive renovation and requires cosmetic updates to align with modern quality standards.
The property delivers immediate cash flow with a $3,400 monthly income and a solid 6% CAP rate, making it a highly attractive asset for income-focused investors.
Proximity to the Las Vegas Strip, UNLV, and the airport ensures consistent tenant demand and low vacancy rates within a high-traffic employment corridor.
Unlike many multi-family units, each side features a private garage, individual courtyards, and large backyards, which command premium rents and long-term tenant retention.
Built in 1977, the property may require significant capital expenditures for long-term maintenance of major systems like roofing, plumbing, or electrical compared to newer builds.
To maintain its competitive edge and maximize rental upside in a high-demand market, the interior finishes may eventually require updates to compete with newer inventory.
1569 Hialeah presents a rare opportunity for both investors and owner-users. This duplex generates $3,400/month with a strong 6% CAP, offering immediate cash flow and long-term upside. Each spacious 2BD/2BA unit features a private garage, fireplace, full appliance package, front courtyard, and large backyard ideal for comfortable living or premium rental appeal. Situated on a generous ¼-acre lot with low-maintenance xeriscape landscaping, the property is designed for ease and efficiency. Built in 1977 with 2,067 SF, it’s well-maintained and professionally managed, with flexibility for self-management. Conveniently located near the Las Vegas Strip, airport, Sunrise Hospital, and UNLV corridor. A versatile, income-producing asset in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1977 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 31, 2026
$545,000
Initial Listing