1916 West Nelson Avenue, North Las Vegas, NV 89032, North Las Vegas, 89032 - 5 bed, 2 bath
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This 5-bedroom residence represents a Strong Value Opportunity, listed at $299,900—positioned well below the $324,042 Fair Market Value by 7%. This valuation gap provides $24,142 in Instant Equity. Featuring a Condition Rating of 4, the home includes a new 2025 roof and HVAC system, mitigating major capital expenditures. While the interior requires cosmetic modernization, the 6,098 sqft lot and absence of HOA fees offer significant upside. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1916 West Nelson Avenue Subject | $299,900* List Price | 5 | 2 | 1,356 | $239 | - |
A 2539 Raymond Avenue Sold | $340,000 | 4 | 2 | 1,202 | $283 | 0.1 mi |
B 1906 ONA MARIE Avenue Sold | $234,000 | 3 | 2 | 1,175 | $199 | 0.2 mi |
C 2013 BALZAR Avenue Sold | $360,000 | 4 | 2 | 1,500 | $240 | 0.4 mi |
D 2136 PATRIOTIC Lane Sold | $378,000 | 3 | 2 | 1,342 | $282 | 0.7 mi |
E 2041 ROSE Street Sold | $355,000 | 3 | 2 | 1,395 | $254 | 0.5 mi |
F 1801 Helen Avenue Pending | $290,000 List Price | 4 | 2 | 1,227 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the property was built in 1964, it features brand-new major systems including a roof and HVAC installed in 2025. The description's emphasis on 'abundant potential' and 'making the home your own' suggests the kitchen and bathrooms are dated and require cosmetic updates, fitting the criteria for a functional but dated home.
The property features a brand-new roof and air conditioning system installed in 2025, significantly reducing immediate capital expenditure and increasing energy efficiency for the new owner.
With 5 bedrooms priced under $300,000, this home offers exceptional value and a rare amount of living space for large families or investors seeking high rental yield.
The absence of association fees combined with a generous 6,098 sqft lot provides homeowners with financial freedom and a versatile outdoor space for recreation or customization.
Built in 1964 and marketed as having 'abundant potential,' the interior likely requires cosmetic updates and modernization to meet current market standards and buyer expectations.
While the elementary school is highly accessible, the assigned middle and high schools have lower performance ratings (3 and 2 respectively), which may impact long-term resale appeal to families.
Great opportunity! Discover this wonderful opportunity to make this home your own with abundant potential. This home has a new air conditioning in 2025, A new roof, also from 2025. Possibilities are endless with the large outdoor living area presenting a versatile canvas for entertaining, gardening, recreation, or creating your own private oasis.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,356 | - |
| Lot Size | 6,098 | - |
| Price | $299.9K | $411.4K |
| Price per sq ft | $221 | $218 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 2652 |
Jul 9, 2026
$299,900
Initial Listing
Jan 17, 1996
$58,000
Public Record