
Las Vegas, NV 89106
This Non-HOA Three-Bedroom Value-Add Asset is listed at $295,000, positioned above the $254,559 Fair Market Value. While the price reflects high demand for non-HOA land, the 884-square-foot, single-bathroom structure requires a full-scale renovation to address its Condition Rating of 5. The 6,534-square-foot lot provides significant Expansion Potential for additional structures or RV Parking. Located near the top-rated Jo Mackey Elementary, the site offers strategic value for those executing a forced appreciation strategy. This is a targeted acquisition for Fix-and-Flip Investors or Contractors ready for a comprehensive rehabilitation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 Kasper Avenue Subject | $295,000* List Price | 3 | 1 | 884 | $288 | - |
A 1956 H Street Active | $325,000 List Price | 4 | 2 | 1,124 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this property requires substantial rehabilitation. Interior photos show significant wear including unpainted wall patches, unfinished closets, and a very dated bathroom. The exterior is currently a dirt lot filled with construction equipment and debris. While the structure appears intact, the home needs extensive cosmetic and likely system updates to meet modern living standards.
The absence of a homeowners association combined with dedicated RV parking offers significant freedom for vehicle storage and eliminates monthly association fees, increasing long-term affordability.
Situated on a generous 6,534-square-foot lot, the property provides ample space for future additions, such as a garage or extended living area, allowing for significant value-add opportunities.
Priced competitively at $295,000, this three-bedroom residence serves as an accessible starter home or investment property within the Las Vegas market.
With only 884 square feet of living space distributed across three bedrooms, the interior layout may feel cramped and offers limited common area space for residents.
The home features only one bathroom for a three-bedroom configuration, which can be a significant inconvenience for multi-resident households and may impact future resale appeal.
NO HOA!!! Adorable Single Story 3 bedroom Home. RV Parking. Prime Location! Great Starter Home with Plenty of Land to expand, add garage etc... Come View and make this your new home. Great price! Great location!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 884 | 1,306 | 4% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $295.0K | $305.0K | 46% |
| Price per sq ft | $334 | $224 | 97% |
| Built year | 1960 | 1963 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 776 | 12% |
Dec 14, 2025
$295,000
Initial Listing