
North Las Vegas, NV 89030
This property presents a Strong Value Opportunity with a List Price of $275,000—positioned well below the $298,347 Fair Market Value by 7%. This valuation gap offers $23,347 in Instant Equity for buyers. Featuring Solar Panels and No HOA Fees, the home requires significant updates due to its Condition Rating of 5. This is a high-reward project ideal for Fix-and-Flip Investors or Contractors seeking to build sweat equity in a well-established North Las Vegas neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1604 Basswood Avenue Subject | $275,000* List Price | 3 | 2 | 1,596 | $187 | - |
A 2520 E LINCOLN Avenue Sold | $195,000 List Price | 4 | 2 | 1,488 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (>30 years old) and explicitly described as 'very outdated' and needing work. The property likely requires a full rehab of the kitchen, bathrooms, and major systems to meet modern standards.
The inclusion of solar panels provides a significant value-add, offering the homeowner substantial savings on utility costs in the desert climate.
With an association fee of $0, this property offers greater financial freedom and fewer restrictions compared to many other residential communities in the area.
Priced competitively for a 1,596 sqft home, this property presents an excellent opportunity for investors or DIY buyers to build significant sweat equity through renovations.
The property is described as very outdated and in need of work, which will necessitate an immediate and potentially large capital investment for repairs.
Built in 1961, the home may require updates to major systems such as plumbing, electrical, or roofing to meet modern standards and buyer expectations.
House in North Las Vegas. 3 bed 2 bath with solar. Very outdated and needs some work.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,596 | 1,247 | 84% |
| Lot Size | 6,534 | 6,098 | 56% |
| Price | $275.0K | $0 | 71% |
| Price per sq ft | $172 | $0 | 64% |
| Built year | 1961 | 1963 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 3326 | 2% |
May 23, 2026
$275,000
$245,000
+12% Price Increase
Initial Listing
May 19, 2026
$245,000
$275,000
-11% Price Drop
Initial Listing
May 14, 2026
$275,000
Initial Listing