4038 Patterson Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 2 bath
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4038 Patterson Avenue
Las Vegas, NV 89104
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,058Sq Ft
6,098Lot Size
Property Price
LIST PRICE$355,000
EST. MARKET VALUE
$304,921
16% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $355,000—positioned well above the $304,922 Fair Market Value by -16%. While the property requires a full rehab due to its Condition Rating of 5, the 6,098 sqft lot and No HOA Fees provide a solid foundation for value-add renovations. Located within walking distance of Cyril Wengert Elementary, this asset offers significant upside for Buy-and-Hold Investors or Fix-and-Flip Investors capable of modernizing the dated interior.
Estimated Market Value
$304,921
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 |
|---|---|---|---|---|---|---|
★ 4038 Patterson Avenue Subject | $355,000* List Price | 3 | 2 | 1,058 | $288 | - |
A 4458 Skyview Drive Sold | $355,000 | 3 | 2 | 1,247 | $285 | 0.7 mi |
B 4135 Comb Circle Active | $300,000 List Price | 3 | 1 | 1,058 | $284 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Property is 45 years old (built 1979) with no evidence of major renovations. The kitchen features dated cabinetry and older appliances, the roof-mounted HVAC system shows significant age, and the interior requires a full rehab to address dated finishes and potential deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA Fees
The property features no association fees, offering the homeowner significant monthly savings and greater freedom from restrictive community rules.
- Generous Lot Size
With a 6,098-square-foot lot and a large rear yard, there is ample outdoor space for recreation, gardening, or potential property expansions.
- Educational Proximity
The home is exceptionally well-located for families, situated less than a quarter-mile from the local elementary school and within walking distance of the middle school.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At 1,058 square feet for a three-bedroom layout, the living areas and bedrooms may feel constrained compared to more modern residential standards.
- Limited Garage Space
The single-car garage offers restricted parking and storage capacity, which may be a drawback for multi-vehicle households or those needing extra utility space.
About 4038 Patterson Avenue
3 Bedroom, 2 Bath home, 1 car garage, large rear yard
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Walter V Long Elementary School
Grades PK-5 • 0.2 mi
3/10
William E Snyder Elementary School
Grades PK-5 • 0.6 mi
5/10
Cyril Wengert Elementary School
Grades PK-5 • 1.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,058 | 1,961.945 |
| Lot Size | 6,098 | 6,098 |
| Price | $355.0K | $486.0K |
| Price per sq ft | $336 | $259 |
| Built year | 1979 | 2002 |
| HOA | $0 | $83 |
| Days on market | 15 | 62 |
Pricing History
Listed for Sale
Aug 25, 2026
$355,000
Initial Listing