2744 Searles Avenue, Las Vegas, NV 89101, Las Vegas, 89101 - 3 bed, 1 bath
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2744 Searles Avenue
Las Vegas, NV 89101
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
1,254Sq Ft
6,098Lot Size
Property Price
LIST PRICE$218,888
EST. MARKET VALUE
$197,914
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $218,888—positioned well below the $197,914 Fair Market Value by -10%. Featuring a Condition Rating of 6, this asset requires a comprehensive gut renovation to address severe water damage and structural debris. The lack of HOA restrictions provides maximum flexibility for a full-scale remodel. Located within walking distance of multiple elementary schools, this is a high-risk, high-reward acquisition ideal for Fix-and-Flip Investors or Contractors capable of executing a rapid 10-day closing.
Estimated Market Value
$197,914
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2744 Searles Avenue Subject | $218,888* List Price | 3 | 1 | 1,254 | $158 | - |
A 2109 Jansen Avenue Sold | $275,000 | 4 | 2 | 1,728 | $159 | 0.5 mi |
B 3021 Brady Avenue Active | $275,000 List Price | 4 | 2 | 1,232 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1970 (56 years old) with no evidence of renovation. The property is unlivable, featuring severe water damage, extensive mold growth, and extreme debris accumulation. The listing explicitly suggests stripping the structure to the studs, and the age combined with structural/safety defects aligns with land-value-only criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
Marketed as a 'Flipper Special' at a competitive price point, this property offers a significant value-add opportunity for experienced investors to renovate and capitalize on the Las Vegas market.
- No HOA Restrictions
With an association fee of zero, the property avoids the monthly costs and restrictive oversight of a homeowners association, allowing for greater flexibility during the renovation process.
- Proximity to Education
The home is conveniently located within walking distance (less than 0.5 miles) of multiple elementary schools, enhancing its future resale appeal to families once fully rehabilitated.
CONSRISKS & DEFICIENCIES
- Severe Structural and Environmental Issues
The property requires a complete 'gut' renovation due to extensive water damage, mold, and massive debris accumulation, posing significant health risks and high remediation costs.
- Legal and Timeline Constraints
The presence of unpermitted rooms and a mandatory 10-day closing period limits the buyer pool to cash investors capable of assuming high risk without traditional contingencies.
About 2744 Searles Avenue
FLIPPER SPECIAL** FLIPPER SPECIAL** ALMOST $120,000 UNDER MARKET NO OFFERS UNLESS THE UNIT IN VIEWED! 3 BEDROOM BLOWER UPPER. THERE MUST BE 4 DUMPSTERS OR MORE TO REMOVE ALL THE TRASH!!! AND THATS JUST OUTSIDE!! SELLING 100% AS IS. IT HAS UNPERMITTED ROOMS* WATER DAMAGE* (MOLD) NEEDS EVERYTHING RIP IT DOWN TO ALMOST THE 2X4'S BRING YOUR CONTACTORS WITH YOU. WE ARE NOT WAITING! 10 WORKING DAY CLOSING.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Arturo Cambeiro Elementary School
Grades PK-5 • 0.4 mi
5/10
Robert Lunt Elementary School
Grades PK-5 • 0.4 mi
2/10
CC Ronnow Elementary School
Grades PK-5 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,254 | 1,961.945 |
| Lot Size | 6,098 | 6,098 |
| Price | $218.9K | $486.0K |
| Price per sq ft | $175 | $259 |
| Built year | 1970 | 2002 |
| HOA | $0 | $83 |
| Days on market | 11 | 62 |
Pricing History
Listed for Sale
Aug 29, 2026
$218,888
Initial Listing