
Henderson, NV 89074
This property presents a Prime Investment Opportunity with a List Price of $215,000—positioned well below the $221,494 Fair Market Value by 2%. This valuation gap offers $6,494 in Instant Equity. With a Good Condition Rating and a reliable tenant secured through 2027, this asset provides immediate, stable cash flow. Featuring modern wood-look flooring, pool, and spa access, it is a low-maintenance, high-yield Buy-and-Hold Asset ideal for Buy-and-Hold Investors or passive income seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45 Maleena Mesa Street 425 Subject | $215,000* List Price | 1 | 1 | 700 | $316 | - |
A 45 MALEENA MESA Street 1012 Sold | $208,500 | 1 | 1 | 775 | $269 | 0.1 mi |
B 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 move-in ready.
Built in 2003 (23 years old), the property exceeds the 20-year mark but qualifies as 'Good' due to being well-maintained and featuring upgrades. The interior shows modern wood-look flooring and a functional, clean kitchen with black appliances. It appears move-in ready with no immediate maintenance required, consistent with a property that has undergone mid-life renovations.
The property offers a robust 7.25% gross yield, providing a strong hedge against inflation and significantly outperforming traditional low-interest financial instruments.
An exceptionally low HOA fee of approximately $130-$143 monthly minimizes overhead expenses, directly enhancing the net profitability for the owner.
With a reliable tenant already in place through February 2027 paying $1,300 per month, investors benefit from predictable, long-term income without the risk of immediate vacancy.
The existing long-term lease agreement prevents immediate possession for primary residence buyers, effectively restricting the current buyer pool to investors only.
At 700 square feet, the unit's smaller size may limit its long-term versatility and appeal compared to larger one-bedroom options in the Henderson market.
Hedge against inflation and protect your purchasing power with this high-yielding investor special! Maximize your returns with a stunning 7.25% gross yield that crushes low-interest bank CDs and outpaces rising inflation. This beautifully upgraded upstairs condo offers immediate, predictable cash flow. A reliable, long-term tenant is already in place paying $1,300/month through 2/28/2027. Defend your bottom line against rising costs with an incredibly rare, ultra-low HOA fee of just $143 monthly. Turn depreciating cash into a tangible asset with high yield and low expenses! Features include NO CARPET, wood-look flooring, Quartz countertops, and stainless steel appliances. Recent capital upgrades provide turn-key peace of mind: new water heater (2024) and comprehensive plumbing updates (2024), including a Moen shower faucet, new angle stoppers, and flush valves. High upgrades, low expenses, and zero immediate maintenance!
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 | 9% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 700 | 1,204 | 4% |
| Lot Size | - | - | 50% |
| Price | $215.0K | $0 | 57% |
| Price per sq ft | $307 | $0 | 96% |
| Built year | 2003 | 1997 | 74% |
| HOA | $130 | $176 | 39% |
| Days on market | 13 | 2808 | 4% |
May 24, 2026
$215,000
Initial Listing