2400 Pardee Place, Las Vegas, NV 89104, Las Vegas, 89104 - 0 bed, 0 bath
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Las Vegas, NV 89104
This duplex presents a High-Potential Investment Opportunity with a List Price of $405,000—positioned well below the $420,167 Fair Market Value by 3%. This valuation gap offers $15,167 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property offers stable, immediate cash flow from two 3-bedroom units. With private backyards and dedicated laundry, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house hack and offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2400 Pardee Place Subject | $405,000* List Price | 0 | 0 | 1,786 | $235 | - |
A 1309 EXLEY Avenue Sold | $460,000 | 0 | 0 | 1,786 | $258 | 0.1 mi |
B 2409 Maroney Avenue Pending | $460,000 List Price | 0 | 0 | 1,826 | $252 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1954, the interior has undergone a recent renovation (likely within the last 5-10 years) as evidenced by the modern shaker-style kitchen cabinets, subway tile backsplash, and updated LVP and carpet flooring. The property appears well-maintained and move-in ready for tenants, though its overall age and exterior condition keep it from an 'Excellent' rating.
The property is fully occupied and generating a combined monthly rental income of $2,875, offering investors immediate returns and a proven income stream from day one.
Featuring two spacious 3-bedroom units, this duplex provides a rare and highly desirable layout that caters to larger families and multi-generational living, increasing its marketability.
Each unit is equipped with its own private fenced backyard, dedicated carport, and individual laundry facilities, which enhances tenant privacy and supports long-term occupancy.
The 'drive-by only' restriction and requirement of a serious offer for interior access may deter some buyers and complicates the initial due diligence process.
Built in 1954, the property may require more frequent maintenance or significant capital expenditures for aging systems and structural components compared to modern builds.
Investor opportunity or ideal multi-generational living! Fully rented duplex featuring two spacious 3-bedroom units offering strong income potential from day one. Both units are currently occupied and generating rental income of $1,125 and $1,750 per month respectively, making this an excellent opportunity for investors or buyers looking to house hack and offset their mortgage with tenant income. Each unit offers comfort and privacy with private fenced backyards, covered parking with separate driveways/carports, dedicated storage space, and individual laundry rooms for each unit equipped with washer and dryer. Conveniently located in the heart of Las Vegas near downtown, the Strip, shopping, dining. Whether you are looking to generate consistent cash flow, accommodate extended family, or expand your investment portfolio, this duplex delivers versatility, functionality, and long-term potential. Photos shown are from prior to current tenant occupancy. Seller is a licensed Nevada real estate agent. DRIVE-BY ONLY. Interior showings will be accommodated upon receipt of a serious offer in order to respect tenants quiet enjoyment.
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 | 1,786 | 1,786 | 50% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $405.0K | $187.5K | 67% |
| Price per sq ft | $227 | $103 | 67% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 1701 | 17% |
May 27, 2026
$405,000
Initial Listing