
Las Vegas, NV 89115
Analysis of 4546 Payson Avenue, Las Vegas, NV 89115 is currently available with a list price of $235,000. 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 1971 with no evidence of recent renovations, this property falls into the poor category due to its vintage infrastructure and the explicit need for modernization of major systems and interior finishes. The single exterior image shows an aged structure with dated features, and the extended time on market (162 days) at a low price point suggests significant deferred maintenance and the need for substantial rehabilitation to meet current living standards.
The property features four bedrooms plus an additional bonus room with a window, providing exceptional versatility for large families, guest quarters, or a dedicated home office.
With an association fee of zero, homeowners enjoy lower monthly carrying costs and greater freedom to customize the property without the restrictions of a homeowners association.
Priced at $235,000, this home offers a highly accessible entry point into the Las Vegas market, presenting a strong opportunity for investors seeking rental income or first-time buyers looking for affordability.
The property has been on the market for 162 days, which may indicate a need for cosmetic updates or a price adjustment to compete with more recently listed homes.
Built in 1971, the home likely requires modernization of major systems and interior finishes to meet current energy efficiency and aesthetic standards.
Opportunty awaits! Tax records show 4 bedrooms - plus there is an additional room with a window at the back of the house. Kitchen with an eating area. Nice size front living room. Carport with small storage closet. Fenced back yard.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,488 | 20% |
| Lot Size | 6,098 | 5,663 | 55% |
| Price | $235.0K | $337.5K | 29% |
| Price per sq ft | $198 | $208 | 44% |
| Built year | 1971 | 1997 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 283 | 25% |
Nov 3, 2025
$235,000
Initial Listing
Aug 4, 1998
$87,000
Public Record
Aug 4, 1998
$69,000
Public Record
May 1, 1998
$57,500
Public Record