
Henderson, NV 89015
This Remodeled Multi-Zoned Residence is a High-Potential Investment Opportunity, listed at $330,000—positioned well below the $380,991 Fair Market Value by 13%. This valuation gap provides $50,991 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the home features a Modernized Quartz Kitchen and luxury flooring. Its location near Water Street and the 9/10 rated Gordon Mccaw Elementary ensures strong demand, while the Non-Permitted Casita offers significant rental upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23 Magnesium Street Subject | $330,000* List Price | 3 | 2 | 974 | $391 | - |
A 38 Magnesium Street Sold | $319,900 List Price | 4 | 2 | 1,292 | 0.1 mi | |
B 465 Annapolis Circle Sold | $369,000 | 3 | 2 | 1,112 | $332 | 0.9 mi |
C 41 LASWELL Street Sold | $325,000 | 3 | 2 | 1,264 | $257 | 0.6 mi |
D 365 W Rochell Drive Sold | $396,000 | 4 | 2 | 1,340 | $296 | 0.9 mi |
E 39 E Pacific Avenue Active | $399,900 List Price | 3 | 1 | 1,040 | $385 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1942, the property has undergone an extensive recent interior renovation. The kitchen is newly updated with modern white shaker cabinets, quartz countertops, a subway tile backsplash, and stainless steel appliances. The interior features new luxury vinyl plank flooring, fresh paint, and updated lighting, meeting current quality standards for a move-in-ready home.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property is ideally located within walking distance of historic Water Street and downtown Henderson, providing easy access to local dining, shops, and community events.
A recent remodel includes a stylish kitchen featuring quartz countertops and stainless-steel appliances, offering a move-in-ready experience for the main living space.
The existing casita is non-permitted, which could lead to complications with financing, insurance, or future city code enforcement requirements.
Built in 1942, the home may require more frequent maintenance or updates to its aging infrastructure compared to newer builds in the area.
Charming recently remodeled home within walking distance of historic Water Street and downtown Henderson. Newly remodeled kitchen with quartz countertops and stainless-steel appliances. Large size lot with possible RV parking and alley access. There is a storage shed and Casita with separate entrance on the property. Casita is non-permitted. Seller purchased the property after it was built. Great investment opportunity! Property is zoned for multi or single family living.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 974 | 1,592 | 1% |
| Lot Size | 6,098 | 6,534 | 42% |
| Price | $330.0K | $45.0K | 54% |
| Price per sq ft | $339 | $40 | 99% |
| Built year | 1942 | 1996 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 2743 | 1% |
Mar 17, 2026
$330,000
Initial Listing