
Las Vegas, NV 89104
This High-Potential Investment Opportunity is listed at a List Price of $385,000, positioned slightly above the $375,746 Fair Market Value. While the property requires cosmetic modernization, its Condition Rating of 4 reflects a well-maintained, functional residence. Key assets include a large 0.26-acre lot and a full two-car garage, providing significant value-add potential through interior updates. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a solid foundation in a classic ranch-style home with expansive outdoor living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 East Oakey Boulevard Subject | $385,000* List Price | 3 | 2 | 1,544 | $243 | - |
A 521 Sweeney Avenue Sold | $445,000 | 4 | 2 | 2,093 | $213 | 0.2 mi |
B 817 Canosa Avenue Sold | $335,000 | 3 | 1 | 1,149 | $292 | 0.3 mi |
C 1808 8th Place Active | $389,000 List Price | 2 | 2 | 1,491 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is well-maintained but significantly dated. While it features practical updates like a new water heater and fresh carpet in the living room, the kitchen and bathrooms appear to be over 20-30 years old without a full modern renovation. The home is functional and move-in ready, but requires aesthetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1544.
The property sits on a generous 0.26-acre lot featuring a lush lawn, mature trees, and a covered patio, offering rare private outdoor space and entertaining potential for the area.
Recent improvements including a new water heater, garage door opener, garbage disposal, and new living room carpeting provide immediate value and reduce near-term maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
A discrepancy between the listing (3 bedrooms) and tax records (2 bedrooms) may require additional verification and could potentially impact appraisal or financing processes.
Despite recent functional updates, the 1950s construction and original features like the double oven and tile flooring may necessitate further cosmetic modernization to meet contemporary tastes.
Classic ranch architecture defines this one-story residence on 0.26 acres. The entry features a rich wood entry door with an art glass insert opening to tile flooring with a hardwood look . Practical updates include a new water heater and a new garage door opener, new garbage disposal, new carpet in living room. The home features a living room with a brick fireplace, a dining area, and a kitchen with tile flooring, a dishwasher, double oven, and a refrigerator. It includes three bedrooms (tax record says 2 bedrooms) wall to wall closets in bedrooms 1 & 2, lots of storage space, with carpet and ceiling fans, alongside two full bathrooms, with one offering a vanity with dual sinks, tile flooring. Outdoor living is accommodated by a fenced over sized private yard with a deep green lawn, mature trees, and a covered patio. The exterior features a block wall, and a lattice fence, with a broad driveway leading to the garage. Full 2 car garage with direct entrance to the house. This property is perfect for entertaining family and friends.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,544 | 1,961.945 |
| Lot Size | 11,326 | 6,098 |
| Price | $385.0K | $486.0K |
| Price per sq ft | $249 | $259 |
| Built year | 1959 | 2002 |
| HOA | $0 | $83 |
| Days on market | 20 | 62 |
Aug 20, 2026
$385,000
Initial Listing