
Las Vegas, NV 89101
This 3-bedroom townhome represents a High-Potential Investment Opportunity, listed at a List Price of $199,000—positioned slightly above the $193,461 Fair Market Value. While the property requires a full rehab due to its Fair/Poor Condition Rating, the central urban location near the Fremont Street Experience offers significant rental demand. With its 3-bedroom, 3-bath layout and included appliances, this asset is a prime candidate for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of managing necessary capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 North Bruce Street B Subject | $199,000* List Price | 3 | 3 | 1,188 | $163 | - |
A 213 North 18th Street D Active | $145,000 List Price | 2 | 2 | 930 | $156 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1984 (42 years old) and the listing description lacks any mention of recent renovations or upgrades. Given the age exceeds 30 years without documented updates to kitchens, baths, or systems, and the exterior shows signs of deferred maintenance, it likely requires a full rehab to meet modern safety and aesthetic standards.
Priced under $200,000 for a 3-bedroom, 3-bathroom configuration, this property offers a highly competitive entry point into the Las Vegas market for first-time buyers or investors.
Situated near the Fremont Street Experience and major shopping hubs, the property provides excellent proximity to entertainment, dining, and essential services in the heart of Las Vegas.
The inclusion of all appliances and dedicated covered parking adds immediate value and reduces initial move-in costs for the new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3315, other record lot size in square feet = 600.
The $400 monthly HOA fee is substantial relative to the listing price, which may impact buyer debt-to-income ratios and overall monthly affordability.
Constructed in 1984, the property may require modern updates or capital improvements to systems and finishes to compete with newer residential developments.
2 STORY TOWNHOME - 3 BEDROOM - 3 BATH - 1188 SQFT - ALL APPLIANCES INCLUDED - COVERED PARKING CENTRALLY LOCATED - NEAR FREEMONT- OUTDOOR MALL - CLOSE TO SCHOOLS - AND SHOPPING
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,188 | - |
| Lot Size | 3,315 | - |
| Price | $199.0K | $324.2K |
| Price per sq ft | $168 | $237 |
| Built year | 1984 | 0 |
| HOA | $400 | $0 |
| Days on market | 15 | 276 |
Jul 7, 2026
$199,000
Initial Listing
Jul 31, 2023
$94,883
Public Record
Jul 29, 1994
$14,500
Public Record