425 E Merlayne Drive, Henderson, NV 89011, Henderson, 89011 - 0 bed, 0 bath
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Henderson, NV 89011
Analysis of 425 E Merlayne Drive, Henderson, NV 89011 is currently available with a list price of $1,300,000. 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 Henderson 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 1978, this duplex appears to be in functional but aged condition. The exterior shows signs of wear consistent with its age, including a dirt/gravel lot and dated stucco. While the property is currently tenanted and generating income, the lack of interior photos and the emphasis on land value suggest that the kitchen, bathrooms, and major systems are likely outdated and may require minor to moderate updates to meet modern efficiency and aesthetic standards.
The property is situated on a substantial 13,939 sqft lot zoned for Multi-Residential use, offering significant opportunities for expansion or future high-density development.
Conveniently located near schools, parks, and retail centers, the property is positioned in a high-demand area that appeals to a wide range of long-term tenants.
As an active duplex with existing tenants, this residential income property provides immediate revenue for investors, minimizing initial vacancy risks.
Built in 1978, the structure may require capital improvements or updates to major systems to meet modern efficiency standards and maintain competitive rental rates.
The 'do not disturb tenants' restriction limits the ability for comprehensive early-stage inspections, which may complicate the initial due diligence process for buyers.
The land is zoned Multi-Residential. Nearby stores, restaurants, shops, parks, baseball fields, basketball courts, and schools. Please do not disturb Tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1978 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Sep 10, 2025
$1,300,000
Initial Listing