203 North 13th Street, Las Vegas, NV 89101, Las Vegas, 89101 - 0 bed, 0 bath
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Las Vegas, NV 89101
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $378,996 Fair Market Value by -5%. While the property requires significant capital improvements due to its Fair Condition Rating, the T-5 Zoning and Dual-Income Potential offer substantial upside for forced appreciation in a high-growth corridor. This asset is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the aging infrastructure and maximize rental yields.
Property is extensive renovation needed.
Built in 1944, this 80-year-old duplex shows significant signs of age and neglect. While some minor cosmetic updates like laminate flooring are present, the kitchen and bathrooms are severely dated with low-end finishes. The exterior features a boarded-up window and accumulated debris, indicating the property requires a comprehensive rehab rather than simple maintenance.
Situated in the heart of historic downtown Las Vegas, this property offers high walkability and immediate proximity to major entertainment, dining, and employment hubs.
The T-5 Urban Center zoning provides significant investment upside, allowing for higher-density development or mixed-use potential in a high-growth urban corridor.
As a duplex featuring two separate 1-bedroom units, the property provides immediate rental income or a flexible house-hacking opportunity for an owner-occupant.
Originally built in 1944, the property may require substantial capital improvements to major systems like plumbing and electrical to meet modern standards.
With only 1,247 total square feet split between two units, the individual living areas are relatively small, which may limit the pool of prospective long-term tenants.
Property is Zoned T-5. Duplex located in the heart of historic downtown Las Vegas! Both units have 1 bedroom/1 bath. You do not want to miss this opportunity to own your own Duplex
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,247 | - |
| Lot Size | 6,970 | - |
| Price | $400.0K | $258.8K |
| Price per sq ft | $321 | $124 |
| Built year | 1944 | 0 |
| HOA | $0 | $0 |
| Days on market | 89 | 1298 |
Apr 24, 2026
$400,000
Initial Listing
Nov 30, 1993
$45,000
Public Record