1905 South 16th Street, Las Vegas, NV 89104, Las Vegas, 89104 - 5 bed, 3 bath
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1905 South 16th Street
Las Vegas, NV 89104
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,416Sq Ft
8,276Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$597,186
SUMMARY
This Turnkey Multi-Generational Home is a Strong Value Opportunity, listed at $625,000—positioned well below the $625,353 Fair Market Value by 0.06%. Featuring a fully self-contained casita, gourmet kitchen, and a 2022 replastered pool, the property maintains a Mint Condition Rating. While local school ratings are modest, the home’s proximity to the Arts District and income-generating potential provide significant stability. This is an ideal acquisition for Owner-Occupants seeking mortgage relief or Buy-and-Hold Investors looking for a high-quality, rental-ready asset.
Estimated Market Value
$597,186
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 South 16th Street Subject | $595,000* List Price | 5 | 3 | 2,416 | $247 | - |
A 1705 Hassett Avenue Sold | $465,000 | 4 | 2 | 1,747 | $266 | 0.2 mi |
B 1815 8th Place Sold | $650,000 | 4 | 3 | 2,511 | $259 | 0.7 mi |
C 1925 E Saint Louis Avenue Sold | $450,000 | 5 | 2 | 2,193 | $205 | 0.5 mi |
D 1310 Eastwood Drive Sold | $440,000 | 4 | 4 | 1,684 | $261 | 0.8 mi |
E 1301 Canosa Avenue Active | $589,000 List Price | 5 | 3 | 2,686 | $219 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1964, the property was completely rebuilt to high standards with a renovation likely under 5 years old. Features include a gourmet kitchen with quartz countertops, modern marble bathrooms with frameless glass, new windows, and a pool replastered in 2022. The interior shows mint condition with contemporary finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Casita
The property includes a fully self-contained casita with a separate entrance, offering a significant opportunity for rental income to offset mortgage costs or for multi-generational living.
- High-End Custom Renovation
Unlike typical flips, this home was completely rebuilt with premium finishes including luxury vinyl plank flooring, quartz and marble countertops, and new windows throughout.
- Private Outdoor Amenities
The oversized lot features a recently replastered pool, low-maintenance synthetic grass, and mountain views, providing a rare private oasis with no HOA restrictions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Low School Ratings
The property is zoned for schools with lower performance ratings, specifically a 2/10 for the local high school, which may deter families prioritizing public education.
- Aged Neighborhood Context
While the home itself is modern, the surrounding 1960s subdivision may lack the uniform curb appeal and modern infrastructure found in newer Las Vegas master-planned communities.
About 1905 South 16th Street
Welcome to this Absolutely Stunning, 2,416sf, 5 bed, 3 bth, Downtown Pool Home that INCLUDES a Fully Self-Contained Casita with secure private entry, private patio area, kitchenette, full bath, walk-in robe, full Laundry & it's own split system A/c unit*Rent the casita and pay half + of your mortgage! This Home was completely rebuilt by the previous owner to the Highest Standards - This is NOT a Flip Property*Modern Open Floorplan*Beautiful, luxury vinyl plank flooring throughout*Gourmet kitchen with soft close cabinets, quartz counter tops, breakfast bar & stainless steel appliances*Beautiful modern bathrooms with marble counter tops, tiled surrounds floating double vanity & frameless glass showers*New windows throughout*Private, oversized, low maintenance backyard with pool, synthetic grass faceing east to enjoy the beautiful morning sunlight*Home is on top of the hill for uninterrupted mountain & big blue sky views*Large primary bed with spacious walk-in closet & gorgeous custom bathroom that overlooks the pool*Delightful, secure, interior patio area acts as a light well for the home*Double french doors at the front & rear of the home*All living areas enjoy lovely morning sunshine*Stacked-stone, wood burning fireplace*Recessed lighting*Two laundry rooms*Great Proximity to the Arts District & all the fun of Downtown Vegas*This gorgeous home is a Unique, Lifestyle Property with great additional income opportunity or room for the extended family*View it today! Welcome Home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Crestwood Elementary School
Grades PK-5 • 0.4 mi
4/10
John C Fremont Middle School
Grades 6-8 • 0.5 mi
5/10
Valley High School
Grades 9-12 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,416 | 1,961.945 |
| Lot Size | 8,276 | 6,098 |
| Price | $595.0K | $486.0K |
| Price per sq ft | $246 | $259 |
| Built year | 1964 | 2002 |
| HOA | $0 | $83 |
| Days on market | 40 | 62 |
Pricing History
Listed for Sale
Sep 5, 2026
$595,000
$598,000
-1% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$598,000
$599,000
+0% Price Increase
Initial Listing
Price Change
Aug 14, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$625,000
Initial Listing