2204 S 15th Street, Las Vegas, NV 89104, Las Vegas, 89104 - bed, bath
2204 S 15th Street
Las Vegas, NV 89104
Property Price
SUMMARY
Analysis of 2204 S 15th Street, Las Vegas, NV 89104 is currently available with a list price of $475,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1954 and sold 'As-Is,' this duplex requires substantial rehabilitation and modernization. The listing highlights 'value-add potential' and 'deferred maintenance,' suggesting that the aging infrastructure, kitchens, and bathrooms likely need significant repairs or full replacement to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property features a long-term, month-to-month tenant of seven years in one unit, providing reliable cash flow from day one of ownership.
- No HOA Constraints
Located in a community with no Homeowners Association, this duplex offers lower monthly overhead and greater freedom for property management and improvements.
- Value-Add Potential
The second unit provides a significant opportunity for renovation and modernization, allowing an investor to force appreciation and achieve higher market rents.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current state, which likely implies deferred maintenance and the need for immediate capital expenditure for repairs.
- Aging Infrastructure
Originally built in 1954, the property may require costly updates to major systems such as plumbing, electrical, or roofing to meet modern standards.
About 2204 S 15th Street
Charming 5 bedroom, 2 bathroom Duplex with solid potential and NO HOA! Great investment opportunity! One unit is currently tenant-occupied with a long-term month-to-month tenant in place for approximately 7 years, providing immediate rental income. The second unit offers value-add potential. Property features covered parking for two vehicles. Sold AS IS. Ideal opportunity for investors or buyers looking to add value.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1954
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,826 | 1,826 | 50% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $475.0K | $304.5K | 86% |
| Price per sq ft | $260 | $153 | 86% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 1508 | 14% |
Pricing History
Listed for Sale
Feb 20, 2026
$475,000
Initial Listing