1908 Willoughby Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 3 bed, 3 bath
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Las Vegas, NV 89101
This Value-Add Residential Asset is listed at $319,000, situated in an established neighborhood near the Downtown cultural corridor. While the current $248,231 Fair Market Value reflects a Condition Rating of 5, the property’s footprint and private-entrance studio offer substantial potential for forced appreciation and rental income. With no HOA restrictions and a large lot, the site is primed for a comprehensive renovation to capture long-term upside. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on the area's high rental demand and urban proximity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1908 Willoughby Avenue Subject | $300,000 | 3 | 3 | 1,538 | $201 | - |
A 2109 Jansen Avenue Sold | $275,000 | 4 | 2 | 1,728 | $159 | 0.2 mi |
B 2225 Brady Avenue Sold | $280,000 | 3 | 2 | 1,416 | $198 | 0.3 mi |
C 433 North 23rd Street Sold | $325,000 | 3 | 2 | 1,433 | $227 | 0.5 mi |
D 2218 E Mesquite Avenue Sold | $262,000 | 3 | 2 | 1,157 | $226 | 0.7 mi |
E 2712 Willoughby Avenue Sold | $300,000 | 4 | 2 | 1,211 | $248 | 0.5 mi |
F 2000 Constantine Avenue Active | $270,000 List Price | 3 | 2 | 1,334 | $202 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no evidence of recent major renovations. The listing explicitly states the home is in 'significant need of repairs and updating.' Interior photos reveal dated kitchens, aging bathrooms, and unfinished wall sections, indicating a need for a full rehab rather than minor cosmetic fixes.
The property features a separate studio with its own private entrance, providing an excellent opportunity for rental income or a multi-generational living arrangement.
Situated near Las Vegas’ cultural corridor and the vibrant Downtown district, the home offers unmatched convenience to museums, libraries, and urban entertainment.
With an association fee of $0, this property offers lower monthly carrying costs and greater flexibility for renovations and property use compared to managed communities.
The residence is in need of substantial repairs and updating, which will require a significant upfront capital investment and time from the buyer.
Built in 1960, the property likely features dated systems and structural elements that may require modernization to meet current building codes and efficiency standards.
Great opportunity for buyers! Good size home with 3 bedrooms and 2 bathrooms plus large studio with bathroom, great income opportunity, In a classic Las Vegas neighborhood. Home is in need of repairs but offers Strong potential. This property is a rare opportunity for buyers seeking value, space, and long-term upside. Located in an established, seasoned neighborhood near Las Vegas’ cultural corridor, including museums, libraries, and the vibrant Downtown district. This home offers unmatched convenience and character. The main residence features 3 bedrooms, and the property also includes a studio with its own private entrance, ideal for guest use or potential rental income. While the home is in significant need of repairs and updating, the fundamentals are strong, and the large lot provides room to expand, reimagine, or create the outdoor space of your dreams.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,538 | - |
| Lot Size | 6,534 | - |
| Price | $300.0K | $474.8K |
| Price per sq ft | $195 | $257 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 81 | 526 |
May 2, 2026
$319,000
Initial Listing