
North Las Vegas, NV 89030
This duplex presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned above the $373,740 Fair Market Value by 4%. While the property requires a comprehensive rehab due to its Condition Rating of 5, it offers immediate, stable cash flow from long-term tenants generating $2,750 monthly. Recent New HVAC Systems mitigate near-term capital expenditure risks. This asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to house-hack while performing value-add renovations to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2101 Stanley Avenue Subject | $390,000* List Price | 0 | 0 | 1,701 | $220 | - |
A 2105 Stanley Avenue Active | $364,999 List Price | 0 | 0 | 1,701 | $215 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old), the property far exceeds the 30-year threshold for poor condition. While the HVAC systems were recently updated, the interior remains significantly dated with basic finishes. The laundry/utility area shows signs of neglect, including graffiti and unfinished walls, suggesting the property requires a comprehensive rehab to address age-related wear and aesthetic defects.
The property is fully occupied by long-term tenants generating $2,750 in monthly rental income, offering a turnkey opportunity with consistent revenue from day one.
Both units were upgraded with new HVAC systems last year, significantly reducing the risk of near-term maintenance costs and improving overall energy efficiency.
The configuration of one 3-bedroom and one 2-bedroom unit provides flexibility for traditional portfolio expansion or an owner-occupant looking to 'house-hack' and offset mortgage costs.
Originally built in 1954, the property may require ongoing maintenance or future updates to vintage plumbing and electrical systems common in homes of this era.
Situated in an older pocket of North Las Vegas, the property may face slower long-term capital appreciation compared to newer master-planned communities in the region.
Investment opportunity! This duplex currently generates $2,750 per month in rental income and features two spacious units: one 3-bedroom unit and one 2-bedroom unit. Both units are occupied by long-term tenants, providing immediate and consistent cash flow for the new owner. Recent improvements include new HVAC systems installed in both units last year. The property also offers a dedicated on-site laundry area, plenty of parking, and generous outdoor space. With solid rental income and additional value-add potential, this property is ideal for an investor looking to expand their portfolio or an owner-occupant interested in living in one unit while renting the other. Conveniently located near shopping, schools, public transportation, and major roadways. A great opportunity with plenty of future potential!
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 | 1,701 | - |
| Lot Size | 6,098 | - |
| Price | $390.0K | $408.0K |
| Price per sq ft | $229 | $163 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 2733 |
Jul 14, 2026
$390,000
Initial Listing
Aug 16, 1996
$78,000
Public Record