
Henderson, NV 89011
This Single-Family Residence is a High-Potential Investment Opportunity, listed at $349,000—positioned slightly above the $344,418 Fair Market Value. Despite the minor premium, the property offers significant upside through its 7,405 sq. ft. oversized lot and rear-street access, which facilitate potential subdividing or ADU development. Featuring a Mint Condition Rating with a Modernized Granite Kitchen, the home is move-in ready. This versatile asset is ideal for Buy-and-Hold Investors seeking development potential or Owner-Occupants looking for a flexible, no-HOA property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1841 Merze Avenue Subject | $349,000* List Price | 3 | 2 | 1,219 | $283 | - |
A 1628 Chestnut Street Sold | $414,900 | 3 | 2 | 1,320 | $314 | 0.2 mi |
B 417 E Rolly Street Sold | $390,000 | 3 | 2 | 1,436 | $272 | 0.6 mi |
C 417 ROLLY Street Sold | $390,000 | 3 | 2 | 1,436 | $272 | 0.6 mi |
D 1408 Chestnut Street Sold | $269,000 List Price | 3 | 1 | 1,292 | 0.6 mi | |
E 720 Golden Sedum Drive Sold | $395,000 List Price | 3 | 2 | 1,273 | 0.8 mi | |
F 621 Bullwhip Court Sold | $330,000 List Price | 3 | 2 | 1,321 | 0.9 mi | |
G 1437 Chestnut Street Pending | $349,990 List Price | 3 | 2 | 1,368 | $256 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1942, the interior shows a comprehensive recent renovation (likely within the last 5 years). The kitchen features modern dark cabinetry, granite countertops, and stainless steel appliances. The home includes updated laminate flooring, recessed lighting, and fresh paint throughout, meeting the criteria for mint condition and move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1219.
The oversized lot features RV parking with hookups and rare rear-street access, providing significant potential for subdividing or adding a guest house/ADU.
The absence of a homeowner association offers buyers greater financial flexibility and freedom from restrictive community regulations.
Built in 1942, the home may require more frequent maintenance or updates to its aging structural and mechanical systems compared to modern builds.
The assigned public schools carry lower-than-average ratings (3-4), which may be a drawback for families prioritizing high-performing educational zones.
Beautiful single-story home situated on an oversized lot with endless possibilities. The huge backyard is ready to be transformed into your private oasis, with plenty of space to build a guest house, add a pool, or create the perfect outdoor retreat. The property also features RV parking with hookups and convenient rear access from another street, offering great potential for subdividing. Inside, you’ll find a nice-sized kitchen with granite countertops, perfect for everyday living and entertaining.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,219 | 2,171.5 | 4% |
| Lot Size | 7,405 | 6,534 | 60% |
| Price | $349.0K | $0 | 62% |
| Price per sq ft | $286 | $0 | 81% |
| Built year | 1942 | 2012 | 1% |
| HOA | $0 | $34 | 45% |
| Days on market | 43 | 2457 | 1% |
May 7, 2026
$349,000
Initial Listing