2528 Sunrise Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 4 bed, 2 bath
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Las Vegas, NV 89101
This Value-Add Duplex Asset represents a High-Potential Investment Opportunity with a List Price of $390,000, aligning with its $390,000 Fair Market Value. Featuring a Condition Rating of 5, the property requires strategic rehabilitation to modernize its 1948 infrastructure and address deferred maintenance. However, the income-producing occupied unit, No HOA fees, and proximity to the Las Vegas Strip provide a stable foundation for forced appreciation. This project is a prime acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors targeting high-demand rental corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2528 Sunrise Avenue Subject | $390,000* List Price | 4 | 2 | 2,493 | $156 | - |
A 50 N 27th Street Active | $289,999 List Price | 3 | 2 | 1,513 | $192 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property shows significant signs of deferred maintenance and aging infrastructure. Interior images reveal worn carpeting, dated bathroom fixtures, and visible staining on walls and ceilings suggesting potential water damage. The listing description explicitly targets investors for a renovation project, confirming that substantial repairs and rehabilitation are required to modernize the units.
As a duplex with one unit already occupied, this property provides immediate cash flow, making it an attractive turnkey opportunity for savvy investors.
The property is ideally situated just minutes from the Las Vegas Strip and historic Downtown, offering high demand for renters seeking proximity to major employment and entertainment hubs.
With an association fee of $0, owners benefit from lower monthly carrying costs and fewer restrictions on property management and renovations.
The property is noted to need repairs and 'a little love,' indicating that a buyer will need to budget for immediate capital expenditures to modernize the space.
Built in 1948, the home may possess original plumbing, electrical, or structural systems that could require costly updates to meet current building codes.
Do you have a vision in real estate? Are you a savvy investor always on the lookout for your next opportunity? This single-story duplex might be just what you’re looking for. It’s located just minutes from the iconic Las Vegas Strip and right around the corner from the charm and culture of historic Downtown. One unit is already occupied, bringing in income — and yes, the tenant can move out with proper notice if needed. That means you’ve got flexibility and potential from day one. This place does need a little love, but with the right repairs, it could turn into a strong cash-flowing property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,493 | 1,248 | 92% |
| Lot Size | 6,970 | 6,098 | 80% |
| Price | $390.0K | $295.0K | 87% |
| Price per sq ft | $156 | $198 | 34% |
| Built year | 1948 | 1959 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 300 | 1117 | 48% |
Jun 26, 2025
$390,000
Initial Listing