520 South 13th Street D19, Las Vegas, NV 89101, Las Vegas, 89101 - 2 bed, 1 bath
Loading property details...
Las Vegas, NV 89101
This property presents a High-Potential Investment Opportunity with a List Price of $105,000—positioned slightly above the $103,101 Fair Market Value. While the unit requires modernization, the Fair Condition Rating reflects its 1962 vintage, offering a blank canvas for value-add renovations. The association fee structure, which includes taxes, water, and sewer, provides predictable overhead for a Buy-and-Hold Investor. Its strategic location near Downtown Las Vegas ensures consistent rental demand. This asset is an ideal acquisition for first-time buyers or investors seeking an entry-level project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 South 13th Street D19 Subject | $105,000* List Price | 2 | 1 | 950 | $109 | - |
A 500 S 13 th Street C5 Pending | $110,000 List Price | 2 | 2 | 47,136 | $2 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (64 years old) with no mention of renovations, this property exceeds the 30-50 year threshold for major system and interior lifecycle. The 'affordable' pricing and inclusion of basic appliances suggest a dated interior and original systems that likely require a full rehab.
Priced at $105,000, this property offers a rare entry-level price point for the Las Vegas market, making it an ideal opportunity for first-time buyers or budget-conscious investors.
The unit's proximity to both Downtown Las Vegas and the Las Vegas Strip provides excellent access to major employment hubs, world-class dining, and entertainment.
The monthly association fee covers property taxes, water, and sewer, offering owners a simplified and predictable monthly expense structure.
Built in 1962, the property may require updates to its electrical or plumbing systems and likely lacks the modern energy efficiency of newer constructions.
The unit provides only basic appliances and a standard layout, which may necessitate additional capital investment to modernize the space and increase its competitive appeal.
This incredible opportunity to purchase an affordable unit is available now. Located near Downtown Las Vegas and the Las Vegas Strip, the condo building pays taxes, water and sewer. The unit includes electric refrigerator and stove. Don't miss out on this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 950 | - |
| Lot Size | 56,192 | - |
| Price | $105.0K | $217.2K |
| Price per sq ft | $111 | $219 |
| Built year | 1962 | 0 |
| HOA | $275 | $0 |
| Days on market | 7 | 828 |
Jul 15, 2026
$105,000
Initial Listing