3809 Millwood Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 2 bath
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Las Vegas, NV 89121
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $396,091 Fair Market Value by -4%. While the home maintains a Condition Rating of 4, the inclusion of a Paid-Off Solar System and No HOA Fees provides immediate operational savings. The interior requires cosmetic modernization to reach its full potential. Given the proximity to local schools and freeway access, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3809 Millwood Avenue Subject | $390,000* List Price | 3 | 2 | 1,910 | $209 | - |
A 4139 El Segundo Avenue Sold | $365,000 | 3 | 2 | 1,845 | $198 | 0.7 mi |
B 3776 Millwood Avenue Sold | $410,000 List Price | 4 | 3 | 1,740 | 0.1 mi | |
C 3569 Ruth Drive Sold | $400,000 | 3 | 3 | 1,892 | $211 | 0.7 mi |
D 3535 Middlebury Avenue Sold | $490,000 | 5 | 3 | 2,125 | $231 | 0.5 mi |
E 3960 Vegas Valley Drive Sold | $355,000 | 3 | 2 | 1,820 | $195 | 0.4 mi |
F 3635 ROSEWOOD Drive Sold | $407,000 | 3 | 2 | 1,712 | $238 | 0.7 mi |
G 3635 Rosewood Drive Sold | $407,000 | 3 | 2 | 1,712 | $238 | 0.7 mi |
H 4335 Springdale Avenue Active | $345,000 List Price | 3 | 2 | 1,824 | $189 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property is over 60 years old and shows significant dating in the bathrooms, including vintage blue sinks and older cabinetry. While the exterior is well-maintained and the paid-off solar panels are a valuable system upgrade, the interior finishes appear to be over 20 years old, requiring cosmetic updates and modernization to meet current market standards.
The property includes a fully paid-off solar panel system, offering substantial utility cost savings and energy efficiency during the intense Las Vegas summer months.
With an association fee of $0, this residence provides greater financial flexibility and freedom from the restrictive regulations often found in Las Vegas subdivisions.
The lot features a balanced mix of low-maintenance desert landscaping in the front and a grassy backyard with a covered patio, perfect for outdoor entertaining.
Built in 1962, the home may require significant capital investment for modernizing interior finishes or upgrading aging structural and mechanical systems.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a concern for families prioritizing academic performance and could impact future resale value.
Well-maintained desert landscaping in front with a covered patio and grass in the backyard. The house has many added features like separated laundry space, hidden in-ground safes, and an installed solar panel system that is already paid off, resulting in great savings during the Las Vegas summer heat. Located close to shopping, dining, schools, and easy freeway access,
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,910 | - |
| Lot Size | 6,970 | - |
| Price | $390.0K | $474.8K |
| Price per sq ft | $204 | $257 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 61 | 526 |
Jun 30, 2026
$390,000
$410,000
-5% Price Drop
Initial Listing
Jun 20, 2026
$410,000
$415,000
-1% Price Drop
Initial Listing
Jun 12, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
May 22, 2026
$425,000
Initial Listing