2228 Demetrius Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 3 bed, 2 bath
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2228 Demetrius Avenue
Las Vegas, NV 89101
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,312Sq Ft
6,098Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$362,019
3% BelowMARKET VALUE
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $350,000—positioned well below the $362,020 Fair Market Value by 3%. This valuation gap offers $12,020 in Instant Equity for the buyer. Featuring a private pool, updated kitchen, and no HOA, the home maintains a Condition Rating of 3. Its convenient location near transit and freeways makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, low-maintenance property.
Estimated Market Value
$362,019+$12,019 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2228 Demetrius Avenue Subject | $350,000* List Price | 3 | 2 | 1,312 | $276 | - |
A 2213 Kirk Avenue Sold | $330,000 | 3 | 2 | 1,326 | $249 | 0.4 mi |
B 3300 Mary Ann Avenue Sold | $358,000 | 3 | 2 | 1,358 | $264 | 1.0 mi |
C 709 N 22nd Street Sold | $370,000 | 4 | 2 | 1,505 | $246 | 0.5 mi |
D 2217 Dori Avenue Sold | $299,000 | 3 | 1 | 1,039 | $288 | 0.3 mi |
E 2813 Willoughby Avenue Sold | $345,000 | 3 | 1 | 1,269 | $272 | 0.5 mi |
F 2218 E Mesquite Avenue Sold | $262,000 | 3 | 2 | 1,157 | $226 | 0.9 mi |
G 1705 Leslie Avenue Sold | $330,000 | 4 | 2 | 1,224 | $270 | 0.4 mi |
H 909 James Street Sold | $350,000 | 4 | 2 | 1,248 | $280 | 0.7 mi |
I 2217 Constantine Avenue Active | $365,000 List Price | 3 | 2 | 1,326 | $275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1970, the property has undergone a recent remodel (likely <5 years) featuring new LVP flooring, fresh paint, and refreshed kitchen cabinetry and appliances. It is move-in ready and functional, though dated elements like popcorn ceilings and basic bathroom fixtures prevent an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool & Outdoor Living
The inclusion of a private pool and a spacious backyard provides a highly desirable outdoor entertainment space, which is a significant value-add in the Las Vegas market.
- No HOA Restrictions
The absence of a Homeowners Association offers the buyer greater flexibility and lower monthly carrying costs, making it an attractive option for budget-conscious owners or investors.
- Move-In Ready Updates
The property features a nicely remodeled interior with updated flooring and a refreshed kitchen, reducing the need for immediate post-purchase renovation capital.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1970, the home may have aging underlying systems such as plumbing or electrical that could require attention despite the modern cosmetic upgrades.
- Compact Living Space
With only 1,312 square feet for a three-bedroom configuration, the interior layout may feel somewhat constrained for families seeking larger common areas or bedrooms.
About 2228 Demetrius Avenue
Nicely remodeled 3-bedroom, 2-bath home with a private pool and NO HOA! This inviting home features a updated kitchen with refreshed cabinetry, countertops and appliances, plus updated flooring throughout. The spacious backyard and pool offer a great setting for relaxing and entertaining. Conveniently located within walking distance to parks, schools and public transportation, with easy access to both I-95 and I-15 freeways. Enjoy the convenience of nearby shopping, dining and amenities. A wonderful opportunity for a move-in-ready home in a convenient Las Vegas location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,312 | 1,961.945 |
| Lot Size | 6,098 | 6,098 |
| Price | $350.0K | $486.0K |
| Price per sq ft | $267 | $259 |
| Built year | 1970 | 2002 |
| HOA | $0 | $83 |
| Days on market | 33 | 62 |
Pricing History
Listed for Sale
Aug 7, 2026
$350,000
Initial Listing