4060 E Carey Avenue, Las Vegas, NV 89115, Las Vegas, 89115 - 3 bed, 1 bath
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Las Vegas, NV 89115
Analysis of 4060 E Carey Avenue, Las Vegas, NV 89115 is currently available with a list price of $410,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1965 (59 years old) with no evidence of modern renovations. The interior shows significant damage including broken floor tiles, graffiti, and missing fixtures. The listing explicitly states it is not suitable for conventional lending and suggests it could be knocked down, indicating major safety/structural rehab is required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 1422.
The property sits on a substantial half-acre lot with the flexibility to be expanded or redeveloped into a larger multifamily project, offering significant upside for investors.
A recent connection to the public sewer system and pending architectural improvements enhance the property's utility and streamline future development processes.
The property is explicitly noted as not suitable for conventional lending, which limits the potential buyer pool to cash investors or those utilizing hard money loans.
The presence of a defunct mobile home at the rear of the lot and the 1965 original condition suggest immediate costs for demolition or extensive rehabilitation.
Investor opportunity on the East side! 1960's home on HALF an ACRE with solid bones. Can be lived in, expanded or knocked down for a larger multifamily opportunity. Recently connected to public sewer with both architectural and home improvements on the way. Defunct mobile home at rear of lot. Though property is not in distress it is not suitable for conventional lending. We welcome serious buyers to review data ahead of making an offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 1.0 | 2.0 | 2% |
| Square foot | 1,422 | 1,512 | 41% |
| Lot Size | 22,651 | 5,663 | 97% |
| Price | $410.0K | $350.0K | 88% |
| Price per sq ft | $288 | $223 | 81% |
| Built year | 1965 | 1997 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 296 | 1% |
May 21, 2026
$410,000
Initial Listing