4922 Nebraska Avenue, Las Vegas, NV 89107, Las Vegas, 89107 - 3 bed, 2 bath
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4922 Nebraska Avenue
Las Vegas, NV 89107
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,040Sq Ft
4,792Lot Size
Property Price
LIST PRICE$270,000
EST. MARKET VALUE
$258,113
4% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $300,000—positioned well below the $274,228 Fair Market Value by -9%. While the home carries a Condition Rating of 5, its status as a fixer-upper on a Corner Lot provides a blank canvas for value-add renovations. With No HOA Fees and a central location near Western High School, this asset is well-suited for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive modernization plan to build long-term equity.
Estimated Market Value
$258,113
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4922 Nebraska Avenue Subject | $270,000* List Price | 3 | 2 | 1,040 | $248 | - |
A 620 Garrison Street Sold | $295,000 | 3 | 2 | 1,134 | $260 | 0.4 mi |
B 716 Marie Fenlon Drive Sold | $345,000 | 3 | 2 | 1,338 | $258 | 0.6 mi |
C 5420 Moonstruck Avenue Sold | $340,000 | 3 | 2 | 1,325 | $257 | 0.5 mi |
D 212 N Minnesota Street Pending | $199,000 List Price | 3 | 2 | 1,040 | $191 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1959 (>60 years old) with no mention of recent renovations, this property is explicitly marketed as a 'fixer-upper' sold 'as-is.' The exterior image shows significant deferred maintenance, including peeling paint on the fascia and a weathered roofline, indicating that the kitchen, baths, and major systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Priced competitively at $300,000, this property serves as an ideal entry-level opportunity for first-time buyers or investors looking to build equity through strategic renovations.
- Desirable Corner Lot
The home is situated on a corner lot, providing enhanced curb appeal, additional privacy, and a more spacious feel compared to standard interior lots.
- No HOA Fees
With zero association fees, homeowners benefit from lower monthly carrying costs and the freedom to personalize the property without the restrictions of a homeowners association.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The property is sold in as-is condition and requires significant repairs and modernization, which will necessitate immediate additional capital investment from the buyer.
- Aged Infrastructure
Built in 1959, the home may feature outdated electrical, plumbing, and mechanical systems that could require costly upgrades to meet modern building codes and efficiency standards.
About 4922 Nebraska Avenue
Great opportunity to own an affordable starter home with tons of potential! This 3 bedroom, 2 bath single-story home sits on a corner lot in a convenient central Las Vegas location. Ideal for buyers looking to personalize and add value, this fixer-upper offers a functional floor plan, private yard, and easy access to shopping, dining, schools, and major freeways. A fantastic investment opportunity or first home at an attractive price. Sold As-Is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
J T Mcwilliams Elementary School
Grades PK-5 • 0.8 mi
5/10
Robert O Gibson Middle School
Grades 6-8 • 0.9 mi
4/10
Western High School
Grades 9-12 • 0.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,040 | 1,961.945 |
| Lot Size | 4,792 | 6,098 |
| Price | $270.0K | $486.0K |
| Price per sq ft | $260 | $259 |
| Built year | 1959 | 2002 |
| HOA | $0 | $83 |
| Days on market | 47 | 62 |
Pricing History
Listed for Sale
Aug 18, 2026
$270,000
$300,000
-10% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$300,000
Initial Listing
Sold
Feb 29, 1996
$79,000
Public Record