
Las Vegas, NV 89104
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $409,999—positioned slightly above the $408,070 Fair Market Value. While the property lacks an equity gap, it offers immediate stability as a Turnkey Asset with long-term tenants in place. Featuring a Condition Rating of 4, the duplex provides a functional, low-maintenance income stream with No HOA Expenses. This is a stable, cash-flow-focused acquisition ideal for Buy-and-Hold Investors or Passive Income Seekers looking for a reliable addition to their portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 Weldon Place Subject | $409,999* List Price | 0 | 0 | 1,614 | $253 | - |
A 1902 Weldon Place Active | $320,000 List Price | 0 | 0 | 1,613 | $198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950 (74 years old), the property is described as 'turnkey' with long-term tenants, indicating it is functional and livable. However, the exterior shows dated architectural features and older window frames. Given the age and lack of specific data regarding recent major renovations to kitchens, baths, or HVAC systems, it likely requires cosmetic updates and modernization to meet current market standards.
This duplex is move-in ready and requires no immediate renovations, allowing for immediate cash flow and reduced upfront capital expenditure for an investor.
The presence of long-term tenants provides immediate stability and reduces the initial risk and marketing costs typically associated with finding new occupants.
With zero association fees, the property offers lower monthly carrying costs, which directly increases the net operating income and overall investment yield.
Built in 1950, the property may require ongoing maintenance or future capital expenditures to address aging mechanical, electrical, and plumbing systems.
At approximately 800 square feet per unit, the living areas are relatively small, which may limit the property's appeal to tenants seeking more spacious modern accommodations.
Great location duplex. Hard to find turnkey duplex with 2 beds and 1 bath each. Single story. Great front and backyard. Long term tenant.
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 | 1,614 | - |
| Lot Size | 7,841 | - |
| Price | $410.0K | $258.8K |
| Price per sq ft | $254 | $124 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 19 | 1298 |
Jul 3, 2026
$409,999
Initial Listing