5516 Deodar Drive, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 2 bath
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Las Vegas, NV 89108
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well above the $333,952 Fair Market Value by 9%. While the property requires a full interior renovation given its Condition Rating of 5, the 6,534 sqft lot and covered patio provide a solid foundation for value-add projects. With No HOA Fees and a versatile bonus room, this asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking to capitalize on the demand for modernized single-family residences.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5516 Deodar Drive Subject | $365,000* List Price | 3 | 2 | 1,292 | $258 | - |
A 5604 REITER Avenue Sold | $380,000 | 3 | 2 | 1,248 | $304 | 0.3 mi |
B 2129 Havelina Street Sold | $304,000 | 3 | 2 | 1,162 | $262 | 0.7 mi |
C 1809 Wildwood Drive Sold | $295,000 | 3 | 2 | 1,314 | $225 | 0.9 mi |
D 1805 Wildwood Drive Sold | $340,000 | 3 | 2 | 1,092 | $311 | 0.9 mi |
E 2601 LA MATA Street Sold | $385,000 | 3 | 3 | 1,754 | $219 | 0.3 mi |
F 6117 Caprino Avenue Pending | $390,000 List Price | 3 | 2 | 1,180 | $331 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (46 years old) with no evidence of recent renovations. The listing description explicitly frames the property as a 'canvas' for 'custom update' and 'transformation,' indicating the interior, including kitchen and baths, is significantly dated and requires a full rehab to meet modern standards.
The inclusion of a dedicated game or workout room provides flexible living space that can be easily adapted to suit a variety of lifestyle needs or hobbies.
With zero association fees, this property offers significant monthly savings and greater freedom for homeowners to manage their property without restrictive covenants.
The generous lot size combined with a covered patio creates an inviting outdoor oasis, perfect for entertaining and enjoying the Las Vegas climate.
The property is marketed as a 'canvas for transformation,' indicating that buyers will likely need to invest additional capital for modern updates and repairs.
The assigned middle and high schools currently hold lower performance ratings, which may impact the property's appeal to education-focused families.
Discover a unique opportunity to shape your ideal living space in this charming Las Vegas residence. This three-bedroom home presents an exceptional value, offering a spacious layout ready for a personalized touch. A dedicated game or workout room provides flexible space for recreation or fitness pursuits. The generous yard, complete with a covered patio, creates an inviting outdoor oasis for relaxation and entertaining. This property is a remarkable canvas for those envisioning a custom update, allowing for the creation of a home perfectly tailored to individual preferences. Embrace the potential for transformation and imagine the vibrant lifestyle awaiting within these walls.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,292 | - |
| Lot Size | 6,534 | - |
| Price | $365.0K | $474.8K |
| Price per sq ft | $283 | $257 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 10 | 526 |
Jul 12, 2026
$365,000
Initial Listing
Jan 7, 1994
$50,500
Public Record