
Henderson, NV 89074
This Turnkey Income-Generating Asset is listed at $220,000, offering a stable acquisition at its $220,000 Fair Market Value. Boasting a Condition Rating of 2, this upstairs unit features extensive 2025 upgrades including Quartz Countertops, Wood-look Flooring, and new stainless appliances. Proximity to Lorna J Kesterson Elementary and Foothill High School supports consistent long-term rental demand. With a reliable tenant secured at $1,300 monthly through February 2027 and a low $131 Association Fee, this asset ensures immediate cash flow with minimal overhead. Ideal for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45 Maleena Mesa Street 425 Subject | $220,000* List Price | 1 | 1 | 700 | $314 | - |
A 45 Maleena Mesa Street 421 Sold | $159,900 List Price | 1 | 1 | 700 | 0.1 mi | |
B 45 Maleena Mesa Street 217 Sold | $157,900 List Price | 1 | 1 | 700 | 0.1 mi | |
C 45 Maleena Mesa Street 217 Active | $230,000 List Price | 1 | 1 | 700 | $329 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has undergone extensive renovations within the last two years (2024-2025). Upgrades include new stainless steel appliances, quartz countertops in both the kitchen and bathroom, modern wood-look flooring with no carpet, and updated plumbing fixtures and water heater. The interior presents as virtually new with modern styles and no visible deferred maintenance.
The property is a turnkey investment with a reliable tenant already in place paying $1,300 per month through February 2027, ensuring immediate cash flow and stability for the buyer.
Features significant recent improvements including 2025 appliances, a 2024 water heater, quartz countertops, and modern wood-look flooring, which minimizes near-term maintenance costs and capital expenditures.
With a relatively low monthly association fee of $131 and a competitive list price, the property offers an attractive entry point into the Henderson market with favorable overhead.
The long-term lease agreement through early 2027 prevents owner-occupants from moving in for over a year, effectively limiting the potential buyer pool primarily to investors.
At 700 square feet with only one bedroom, the unit's small footprint may limit its long-term appeal to a narrower demographic of single occupants or couples.
Investor Special. Good Tenant with $1300 rent, lease end 2/28/2027. RARE $133 HOA! Modern Upstairs 1BR. Top-floor privacy with NO CARPET! Fully upgraded with premium wood-look flooring, Quartz countertops, and stainless steel appliances. Two-tone paint. Enjoy low-maintenance second-floor luxury. See it today!
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 700 | 1,204 | 6% |
| Lot Size | - | - | 50% |
| Price | $220.0K | $0 | 55% |
| Price per sq ft | $314 | $0 | 97% |
| Built year | 2003 | 1998 | 76% |
| HOA | $131 | $160 | 36% |
| Days on market | 137 | 2684 | 3% |
Dec 7, 2025
$220,000
Initial Listing