242 Nebraska Avenue, Henderson, NV 89015, Henderson, 89015 - 0 bed, 0 bath
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Henderson, NV 89015
This Dual-Income Residential Asset is listed at $459,900, situated in the historic heart of Henderson. While the $419,627 Fair Market Value reflects current market data, the property’s unique configuration of two standalone homes provides exceptional rental versatility and cash-flow potential. Featuring a Condition Rating of 4 with recent interior refreshes, the units include a fenced backyard and covered patio within walking distance of the vibrant Water Street District. With access to the 9/10 rated Gordon Mccaw Elementary School, this is a high-utility play for Buy-and-Hold Investors or Multi-generational Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 Nebraska Avenue Subject | $459,900* List Price | 0 | 0 | 1,668 | $252 | - |
A 199 Westminster Way Active | $451,000 List Price | 0 | 0 | 2,310 | $195 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1942 build that has received a recent cosmetic refresh, including new paint, carpet, and vinyl flooring. However, it does not qualify as 'good' due to the dated white kitchen appliances, basic bathroom fixtures, and the overall vintage nature of the 80-year-old structure. It is move-in ready but shows clear signs of being an aged property with only surface-level updates rather than an extensive modern renovation.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property features two standalone single-family homes on one spacious lot, offering excellent versatility for dual rental income or multi-generational living.
Situated within walking distance of the redeveloping Water Street District, providing residents easy access to dining, shopping, and the Dollar Loan Center.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1668, other record living area = 1018.
Built in 1942, the property may require more frequent maintenance or future upgrades to aging systems compared to newer constructions.
Several of the assigned schools in the immediate area carry low performance ratings, which may limit the property's appeal to families prioritizing education.
Henderson Duplex*Opportunity is knocking......location location location in historic redeveloping downtown Henderson! Amazing investment potential. This property consists of 2 single family homes on one spacious lot. Unit A - 3 bed 2 bath home with 2 car carport/storage area, fenced backyard, covered patio and alley access. Unit B - 2 bed 1 bath home with 1 car carport and storage area. Homes are stand alone. Great multi generational/M-in-L quarters potential. New carpet, vinyl flooring, new blinds, and new paint job. . Both buildings have their own power meter, are stucco, pitched comp shingle roofs with central heat/air. No HOA. Located within walking distance of the vibrant Water Street District, you’ll enjoy easy access to shops, restaurants, the Dollar Loan Center (home of the Henderson Silver Knights), City Hall, and more.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1942 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 31, 2026
$459,900
Initial Listing