513 N 19th Street, Las Vegas, NV 89101, Las Vegas, 89101 - bed, bath
513 N 19th Street
Las Vegas, NV 89101
Property Price
SUMMARY
Analysis of 513 N 19th Street, Las Vegas, NV 89101 is currently available with a list price of $899,999. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1955 with no evidence of major renovations, this property is marketed primarily for its land value and redevelopment potential. The interior images reveal severely outdated kitchen and bathroom facilities, aged flooring, and window AC units, indicating the systems are beyond their functional lifespan. The listing description and property analysis explicitly suggest the site is intended for the construction of new multi-family homes, confirming the existing structures are likely to be demolished.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The expansive 20,038 sqft lot offers a rare and substantial footprint for investors looking to construct high-density multi-family housing in a central urban location.
- Strategic Commuter Location
Ideally situated minutes from the US-95 freeway and the Fremont Street Experience, providing residents with excellent accessibility to major employment hubs and entertainment.
- Immediate Income Generation
As an existing triplex, the property provides immediate rental cash flow, allowing investors to offset holding costs while planning for future site redevelopment.
CONSRISKS & DEFICIENCIES
- High Price-to-Structure Ratio
The list price of $899,999 for a 1,155 sqft building suggests the value is heavily weighted in the land, requiring a high-budget development plan to justify the initial investment.
- Aging Infrastructure
With the original structures built in 1955, the property likely faces significant deferred maintenance or requires a complete teardown to meet modern building codes and tenant expectations.
About 513 N 19th Street
Great investment opportunity for those who are looking to invest and construct multi-family homes. Fremont is close by and you have multiple shopping centers embedded in the culture of Las Vegas. The 95 is minutes away, convenient for any worker. This area is school zoned with a working class community.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1955
- Lot Size
- 20,038 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,155 | 1,806 | 32% |
| Lot Size | 20,038 | 6,534 | 95% |
| Price | $900.0K | $436.2K | 95% |
| Price per sq ft | $779 | $205 | 95% |
| Built year | 1955 | 1953 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 1056 | 5% |
Pricing History
Listed for Sale
Dec 29, 2025
$899,999
Initial Listing