
Las Vegas, NV 89104
This Residential Income Duplex is listed at $580,000, representing a location-driven premium relative to its $544,817 Fair Market Value. Situated in a Strategic Location minutes from the Las Vegas Strip, the property offers dual income streams and No HOA Restrictions to maximize net operating income. While maintaining a Condition Rating of 4, the interior features Granite Countertops, though the 1951 systems provide a clear value-add opportunity through modernization. This asset is a resilient choice for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 Weldon Place Subject | $580,000* List Price | 0 | 0 | 1,614 | $338 | - |
A 1317 Exley Avenue Active | $514,900 List Price | 0 | 0 | 1,796 | $287 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this duplex has undergone some updates but remains largely dated. The interior features durable tile flooring throughout and granite countertops in the kitchen, yet the appliances are older and the bathroom fixtures are basic. The exterior shows significant wear, particularly the heavily cracked concrete driveway. While the property is functional and appears maintained for rental purposes, it lacks a comprehensive modern renovation and shows signs of its age in the overall aesthetic and infrastructure.
Situated just minutes from the Las Vegas Strip and major shopping hubs, this property offers high desirability for tenants and consistent rental demand in a central urban core.
As a duplex, the property provides a versatile investment opportunity with dual income streams or the option for an owner-occupant to live in one unit while renting the other.
The absence of association fees reduces monthly overhead and eliminates restrictive covenants, providing more flexibility for the owner and improving the net operating income.
Originally built in 1951, the property may require significant capital expenditures for modernizing systems such as plumbing, electrical, or HVAC to meet modern standards.
At a list price of $580,000 for a 1,614 sqft older structure, the price per square foot is relatively high, which may impact the immediate cap rate and ROI for investors.
Discover an incredible investment opportunity-buyers or savvy investors. Minutes from the Strip, shopping centers, Whether you're looking to settle down or expand your investment portfolio, don't miss out on this fantastic opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,614 | 1,786 | 33% |
| Lot Size | 6,098 | 6,970 | 33% |
| Price | $580.0K | $187.5K | 83% |
| Price per sq ft | $359 | $103 | 83% |
| Built year | 1951 | 1954 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 256 | 1656 | 17% |
Aug 9, 2025
$580,000
Initial Listing
Nov 30, 1994
$105,000
Public Record