5284 Wellesley Avenue, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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Las Vegas, NV 89122
This property represents a High-Potential Investment Opportunity, listed at $449,900—positioned well above the $376,933 Fair Market Value. While the property requires attention due to its Condition Rating of 4 and necessary exterior repairs, the No HOA status and Huge Lot provide significant flexibility for value-add renovations. The interior features Granite Kitchen Countertops and new flooring, offering a foundation for upgrades. This asset is best suited for Buy-and-Hold Investors or Contractors capable of addressing maintenance needs to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5284 Wellesley Avenue Subject | $449,900* List Price | 3 | 2 | 1,441 | $262 | - |
A 5437 Morris Street Sold | $352,000 | 3 | 2 | 1,168 | $301 | 0.3 mi |
B 5271 Ithaca Avenue Sold | $357,000 | 3 | 2 | 1,386 | $258 | 0.3 mi |
C 5154 BROWNWOOD Avenue Sold | $415,000 | 3 | 2 | 1,472 | $282 | 0.2 mi |
D 5280 Morris Street Sold | $360,000 List Price | 3 | 2 | 1,190 | 0.1 mi | |
E 5077 Myrtlewood Avenue Sold | $400,000 | 3 | 2 | 1,390 | $288 | 0.3 mi |
F 5064 Laurelwood Avenue Sold | $340,000 List Price | 3 | 2 | 1,472 | 0.3 mi | |
G 5073 Gains Mill Street Active | $349,000 List Price | 4 | 2 | 1,458 | $239 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old and shows a mix of conditions. While it features some recent updates like new vinyl plank flooring and granite countertops, the overall aesthetic remains dated with popcorn ceilings and older cabinetry. Crucially, the kitchen window appears to be boarded up with plywood, indicating immediate maintenance or security repairs are required.
The absence of a Homeowners Association provides significant monthly savings and greater freedom for property usage and modifications, a highly sought-after feature in the Las Vegas market.
Situated on a generous 6,970 square foot lot, this property offers substantial outdoor space for recreation, gardening, or potential future expansions, providing a sense of privacy and versatility.
The home features desirable upgrades including granite countertops in the kitchen and brand-new plank flooring in all bedrooms, offering a move-in-ready aesthetic for contemporary buyers.
The assigned public schools carry ratings between 2 and 3 out of 10, which may be a concern for families prioritizing educational performance and could impact future resale value.
With only a one-car private garage, the property may present a challenge for multi-vehicle households or those requiring additional enclosed storage space compared to standard two-car garage homes.
NO HOA! HUGE LOT! One-story home with 3 bedrooms and 2 full bathrooms! The kitchen has granite countertops and lots of storage. One car private garage and lots of space in the backyard. All the bedrooms have new plank flooring and the primary bedroom has a private bathroom. Close to shopping, a hospital, and many parks.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 3.0 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 | 1,441 | 1,570 | 41% |
| Lot Size | 6,970 | 5,227 | 81% |
| Price | $449.9K | $350.0K | 90% |
| Price per sq ft | $312 | $218 | 97% |
| Built year | 1979 | 2001 | 21% |
| HOA | $0 | $46 | 46% |
| Days on market | 39 | 1337 | 0% |
May 6, 2026
$449,900
Initial Listing
Apr 10, 1996
$107,000
Public Record