5133 Airdrie Place, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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Las Vegas, NV 89122
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $390,660 Fair Market Value by 10%. This valuation gap provides $40,660 in Instant Equity for buyers prepared for a full-scale rehab. Currently holding a Condition Rating of 5, the property features a Private Inground Pool, a Large RV/Boat Workshop, and an expansive 8,712 Square Foot Lot with No HOA Fees. This distressed property is a prime acquisition for Fix-and-Flip Investors or Contractors seeking forced appreciation in a central Las Vegas location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5133 Airdrie Place Subject | $350,000* List Price | 3 | 2 | 1,455 | $268 | - |
A 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.4 mi |
B 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.4 mi |
C 5271 Ithaca Avenue Sold | $357,000 | 3 | 2 | 1,386 | $258 | 0.2 mi |
D 5437 Morris Street Sold | $352,000 | 3 | 2 | 1,168 | $301 | 0.5 mi |
E 5831 Brienholt Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.9 mi |
F 5831 BRIENHOLT Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.9 mi |
G 5284 Wellesley Avenue Active | $449,900 List Price | 3 | 2 | 1,441 | $312 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is 50 years old with the same owner for five decades and no recorded renovations. The listing explicitly states it 'needs complete renovation' and is an 'investor special,' indicating original 1970s systems, kitchen, and baths that require a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1455.
The property features a private inground pool and a large double-sided RV/boat parking area with a dedicated workshop, offering significant utility and value for hobbyists.
Marketed as a prime 'investor special' with no HOA fees and a single owner for over 50 years, this home provides a blank canvas for a high-ROI renovation or flip.
The property requires a complete renovation, which will necessitate a substantial capital investment and a comprehensive construction timeline to bring it to modern standards.
The assigned elementary, middle, and high schools all carry low ratings (2-3), which may deter families who prioritize high-performing educational environments.
INVESTORS SPECIAL! PERFECT FLIPPER FOR ANY INVESTOR, PRETTY MUCH NEEDS COMPLETE RENOVATION, 3B, 2B, EXTRA ROOM FOR A BEDROOM OR OFFICE, DOUBLE SIDED LARGE RV-BOAT WITH WORKSHOP, INGROUND PRIVATE POOL, SAME OWNER FOR OVER 50 YEARS. NEAR SHOPPING CENTERS AND NEAR 95 FREEWAY
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,455 | 1,570 | 41% |
| Lot Size | 8,712 | 5,227 | 92% |
| Price | $350.0K | $350.0K | 50% |
| Price per sq ft | $241 | $218 | 67% |
| Built year | 1974 | 2001 | 15% |
| HOA | $0 | $46 | 46% |
| Days on market | 44 | 1337 | 0% |
May 1, 2026
$350,000
Initial Listing