
Las Vegas, NV 89142
This Value-Add Single-Family Residence represents a strategic entry point into the Las Vegas market with a List Price of $200,000, aligning closely with its $195,024 Fair Market Value. Currently holding a Condition Rating of 5, the property requires significant TLC and deferred maintenance repairs, offering substantial Value-Add Potential through interior modernization. Key features include a Real Property Conversion and a private deck, providing a solid foundation for forced appreciation. Located near Harney Middle School, this Asset is a prime Acquisition for Fix-and-Flip Investors or Contractors seeking a high-ROI renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2867 Humboldt Court Subject | $200,000* List Price | 3 | 2 | 1,430 | $136 | - |
A 5318 Walton Heath Avenue Sold | $175,160 | 3 | 2 | 1,315 | $133 | 0.4 mi |
B 5703 FORSYTHE Drive Sold | $179,900 List Price | 3 | 2 | 1,025 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (49 years old) with no evidence of recent renovations. The listing explicitly states the home needs 'TLC and overall improvements' and is being sold 'as-is.' Exterior images show visible damage to the roofline and fascia, indicating deferred maintenance and the need for a significant rehab.
Listed at $200,000, this property offers an exceptionally affordable entry point into the Las Vegas market, making it an ideal acquisition for budget-conscious first-time buyers or portfolio-building investors.
The home’s need for TLC presents a significant opportunity for sweat equity, allowing a buyer to customize the interior and modernize the space to realize substantial appreciation in value.
The property has been successfully converted to real property, which simplifies the financing process and provides greater long-term appraisal stability compared to similar non-converted units.
The listing explicitly states the home requires overall improvements and TLC, indicating that the buyer will need to budget for immediate renovation and repair costs upon possession.
The unit and all appliances are sold in 'as-is' condition, shifting the risk of mechanical or structural defects entirely to the buyer and limiting leverage for repair negotiations.
Great opportunity for first-time buyers or investors! This home is in need of TLC and overall improvements but offers strong potential for customization and value. Converted to real property. Unit and all appliances convey “as is.”
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,430 | 1,632 | 44% |
| Lot Size | 4,792 | 5,113.5 | 49% |
| Price | $200.0K | $317.5K | 31% |
| Price per sq ft | $140 | $218 | 30% |
| Built year | 1977 | 1993 | 9% |
| HOA | $75 | $0 | 99% |
| Days on market | 44 | 1144 | 1% |
May 3, 2026
$200,000
Initial Listing