5284 Wellesley Avenue, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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5284 Wellesley Avenue
Las Vegas, NV 89122
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,441Sq Ft
6,970Lot Size
Property Price
LIST PRICE$449,900
EST. MARKET VALUE
$422,073
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $449,900—positioned well above the $422,074 Fair Market Value by -6%. Given the Condition Rating of 5, the home requires a comprehensive rehab to address dated interiors and maintenance defects. However, the 0.16-acre lot with backyard access and No HOA Fees provides significant value-add potential for forced appreciation. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full renovation to modernize this 1979 build.
Estimated Market Value
$422,073
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5284 Wellesley Avenue Subject | $449,900* List Price | 3 | 2 | 1,441 | $293 | - |
A 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.3 mi |
B 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.3 mi |
C 5437 Morris Street Sold | $352,000 | 3 | 2 | 1,168 | $301 | 0.3 mi |
D 5831 BRIENHOLT Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.9 mi |
E 5831 Brienholt Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.9 mi |
F 5054 Brownwood Avenue Sold | $323,000 | 2 | 2 | 1,014 | $319 | 0.3 mi |
G 5831 Brienholt Avenue Sold | $420,000 | 5 | 4 | 1,528 | $275 | 0.9 mi |
H 5259 Chattanooga Avenue Pending | $350,000 List Price | 4 | 2 | 1,451 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (>45 years old) and largely original. The kitchen is dated with older appliances and painted cabinets, and a boarded-up window indicates a safety/maintenance defect. While some flooring has been updated, the age and lack of comprehensive renovation necessitate a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA Fees
The property features no association fees, offering significant monthly savings and greater freedom for homeowners compared to many other Las Vegas communities.
- Single-Story Accessibility
The 1,441-square-foot single-story layout provides a functional and accessible floor plan that is highly sought after for its ease of maintenance and long-term livability.
- Large Lot with Backyard Access
Situated on a generous 0.16-acre lot, the property includes convenient backyard access, offering excellent potential for RV parking, gardening, or creating a custom outdoor living space.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The local public schools assigned to this address have low performance ratings (ranging from 2 to 3 out of 10), which may be a concern for families with school-aged children.
- Property Age
Built in 1979, the home may require updates to major systems or cosmetic modernizations to meet current market standards and buyer expectations.
About 5284 Wellesley Avenue
Discover a charming residence offering comfortable living in a desirable Las Vegas location. This delightful home features three spacious bedrooms and two full bathrooms, providing ample space for relaxation and privacy. The single-story layout encompasses 1441 square feet of living area, thoughtfully designed for effortless everyday living. Situated on a generous 0.16-acre lot, the property provides excellent outdoor potential with convenient back yard access, perfect for enjoying the Nevada sunshine or creating a personalized outdoor oasis. The neighborhood provides a peaceful residential atmosphere while remaining connected to local conveniences. This home presents a wonderful opportunity to embrace the vibrant Las Vegas lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Harley Harmon Elementary School
Grades PK-5 • 0.6 mi
3/10
Francis H Cortney Junior High School
Grades 6-8 • 0.2 mi
2/10
Del Sol High School
Grades 9-12 • 3.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,441 | 1,961.945 |
| Lot Size | 6,970 | 6,098 |
| Price | $449.9K | $486.0K |
| Price per sq ft | $312 | $259 |
| Built year | 1979 | 2002 |
| HOA | $0 | $83 |
| Days on market | 31 | 62 |
Pricing History
Listed for Sale
Aug 9, 2026
$449,900
Initial Listing
Sold
Apr 10, 1996
$107,000
Public Record