48 N 28th Street, Las Vegas, NV 89101, Las Vegas, 89101 - 0 bed, 0 bath
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Las Vegas, NV 89101
This duplex presents a Strong Value Opportunity with a List Price of $380,000—positioned well below the $404,188 Fair Market Value by 5%. This valuation gap offers $24,188 in Instant Equity for the next owner. Featuring a 2-year-old roof and a Fair Condition Rating, the property requires modernization of core systems to reach its full potential. This is a strategic Buy-and-Hold Investor asset, ideal for Owner-Occupants looking to house-hack in a high-demand, central Las Vegas location.
Property is extensive renovation needed.
Built in 1948 (78 years old), the property exceeds the 30-year threshold for poor condition. While the roof was replaced 2 years ago, the lack of mentioned updates to the kitchens, bathrooms, or core systems (HVAC/Electric) in a nearly 80-year-old structure suggests significant datedness and the need for a major rehab to meet modern standards.
The duplex configuration with varying unit sizes (1BR/1BA and 3BR/1BA) offers excellent flexibility for investors to maximize rental yields or for an owner-occupant to house-hack.
The roof is only two years old, significantly reducing immediate maintenance concerns and providing the next owner with long-term structural peace of mind.
Proximity to Downtown Las Vegas, major freeways, and local amenities ensures high tenant demand and convenience for commuters.
Built in 1948, the property may have aging electrical, plumbing, or insulation systems that could require future modernization or more frequent repairs compared to newer builds.
With only 1,436 total square feet divided between two units, the living spaces—especially the three-bedroom unit—may feel undersized for modern tenant expectations.
Excellent investment opportunity in the heart of Las Vegas! This duplex features two separate units with strong rental income potential. Unit 1 offers 1 bedroom and 1 bathroom, while Unit 2 features 3 bedrooms and 1 bathroom. The property also features a newer roof that is only 2 years old, helping reduce future maintenance costs for the next owner. Conveniently located near shopping, dining, schools, Downtown Las Vegas, and major freeway access. Whether you are looking to expand your rental portfolio or live in one unit while generating income from the other, this property offers flexibility and upside potential. Don’t miss this opportunity to own an income-producing property in a rapidly growing Las Vegas area!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,436 | - |
| Lot Size | 6,970 | - |
| Price | $380.0K | $258.8K |
| Price per sq ft | $265 | $124 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 72 | 1298 |
May 11, 2026
$380,000
Initial Listing
Nov 23, 1998
$96,000
Public Record
Mar 11, 1997
$50,000
Public Record