2204 S 15th Street, Las Vegas, NV 89104, Las Vegas, 89104 - 0 bed, 0 bath
Loading property details...
Las Vegas, NV 89104
This Five-Bedroom Duplex Asset is listed at $475,000, representing a strategic acquisition in a high-demand Las Vegas rental corridor. While the $419,850 Fair Market Value reflects its Condition Rating of 4, the property offers immediate stability via a long-term, seven-year tenant in the three-bedroom unit. With No HOA Fees, a private patio, and an updated two-bedroom unit ready for occupancy, the asset provides significant Value-Add Potential. This "as-is" 1954 structure is a prime candidate for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2204 S 15th Street Subject | $475,000* List Price | 0 | 0 | 1,826 | $230 | - |
A 2300 Pardee Place Sold | $375,000 | 0 | 0 | 1,826 | $205 | 0.1 mi |
B 1317 Exley Avenue Active | $514,900 List Price | 0 | 0 | 1,796 | $287 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property shows significant signs of age despite some recent cosmetic updates. While the 2-bedroom unit features newer kitchen cabinetry and tile flooring, the interior still utilizes dated painted cinder block walls. The exterior patio and yard area appear weathered and require maintenance, and the 'as-is' sale condition suggests deferred maintenance on major systems typical for a 70-year-old structure.
The 3-bedroom unit features a stable, long-term tenant of seven years on a month-to-month lease, providing immediate cash flow and stability for an investor.
The absence of a homeowners association reduces monthly operating expenses and eliminates restrictive covenants, maximizing the net operating income for the owner.
With recent updates to the 2-bedroom unit's cabinetry and its current availability, there is a clear opportunity to increase the property's total rental yield or facilitate an owner-user arrangement.
Built in 1954, the property may require significant capital expenditures for the maintenance or replacement of older mechanical, electrical, and plumbing systems.
The property is sold in as-is condition, placing the burden of all necessary repairs and deferred maintenance costs entirely on the buyer.
Charming 5-bedroom, 2-bathroom Duplex with solid potential and NO HOA! Great investment opportunity! 3-bed unit is currently tenant-occupied with a long-term month-to-month tenant in place for approximately 7 years, providing immediate rental income. The 2-bed unit offers opportunity to add value or occupy. Property features covered parking, fenced front yard and newly updated kitchen and bathroom cabinets in the 2-bedroom unit. Sold AS IS.
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 | 1,826 | 1,806 | 50% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $475.0K | $187.5K | 83% |
| Price per sq ft | $260 | $103 | 83% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 1656 | 17% |
Feb 20, 2026
$475,000
Initial Listing