
Las Vegas, NV 89101
Analysis of 405 N 8th Street, Las Vegas, NV 89101 is currently available with a list price of $299,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1933, this property has undergone some functional updates including newer laminate and tile flooring, recessed lighting, and stainless steel kitchen appliances. However, the interior requires immediate cosmetic attention as evidenced by significant wall patching and scuffs throughout the living areas and bedrooms. The kitchen cabinets and bathroom fixtures are dated, and the exterior concrete driveway shows notable cracking. While the home is functional and maintained, it requires minor repairs and updates to meet modern move-in ready standards.
The property is ideally situated near Downtown Las Vegas and the Strip, offering high appeal for urban dwellers and significant potential for short-term or long-term rental income.
With no Homeowners Association, owners benefit from lower monthly carrying costs and greater freedom to customize or use the property without restrictive community regulations.
Priced under $300,000, this home serves as an excellent entry-level opportunity for first-time buyers or investors looking for a manageable asset in a high-demand area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1933, the property may require substantial updates to aging infrastructure, such as plumbing and electrical systems, to meet modern building codes and buyer expectations.
The 3,485 sq ft lot is relatively small, providing minimal outdoor space for landscaping, expansion, or private recreational use.
Charming home near DOWNTOWN & THE STRIP! Perfect for first-time buyers, investors, or anyone looking for the convenience and potential. Property features 1,136 sq ft of living space on a 3,485 sq ft lot, tile flooring in the main areas, 3 bedrooms, 2 bath, NO NOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,136 | 1,248 | 23% |
| Lot Size | 3,485 | 6,098 | 2% |
| Price | $299.9K | $295.0K | 52% |
| Price per sq ft | $264 | $204 | 64% |
| Built year | 1933 | 1959 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 1117 | 2% |
Mar 26, 2026
$299,900
Initial Listing
Apr 15, 1996
$69,000
Public Record