601 Avon Avenue, Henderson, NV 89014, Henderson, 89014 - 3 bed, 3 bath
Loading property details...
Henderson, NV 89014
This Single-Story Rental Asset is a Prime Investment Opportunity with a List Price of $389,000—positioned well below the $400,738 Fair Market Value by 2%. This valuation gap delivers $11,738 in Instant Equity for an acquisition featuring an established tenant and No HOA fees. While currently holding a Fair Condition Rating due to aging infrastructure, the functional layout and proximity to Green Valley High School ensure consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Avon Avenue Subject | $389,000* List Price | 3 | 3 | 1,450 | $276 | - |
A 1696 DUARTE Drive Sold | $390,000 | 3 | 2 | 1,350 | $289 | 0.7 mi |
B 517 Chandler Street Sold | $329,500 List Price | 3 | 2 | 1,179 | 0.1 mi | |
C 1735 CARITA Avenue Sold | $380,000 | 3 | 3 | 1,364 | $279 | 0.7 mi |
D 1461 HARMONY HILL Drive Sold | $352,000 | 2 | 2 | 1,329 | $265 | 0.6 mi |
E 1461 HARMONY HILL Drive Sold | $352,000 | 2 | 2 | 1,329 | $265 | 0.6 mi |
F 581 Carleton Drive Active | $440,000 List Price | 4 | 3 | 1,450 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 35-year-old property falls into the 'fair' category as it shows signs of age and deferred maintenance, particularly in the exterior landscaping. While the interior features some updates like laminate flooring on the stairs and in the bedrooms, the property lacks a recent comprehensive renovation. The listing description explicitly mentions 'aging infrastructure' as a weakness, and visual evidence such as missing closet doors in the bedroom suggests it is maintained as a standard rental rather than a modernized home.
The property features an established tenant on a month-to-month lease, providing immediate cash flow and flexibility for investors or future owner-occupants.
With an association fee of zero, this home offers lower monthly carrying costs compared to many neighboring communities, maximizing net ROI for owners.
The functional single-story floor plan is highly sought after in the Henderson market, appealing to a wide demographic including seniors and families.
Built in 1989, the property may soon require capital expenditures for aging systems or cosmetic updates to maintain its competitive market value.
The 4,792 square foot lot is relatively compact, which may limit outdoor entertainment options or appeal to buyers seeking significant yard space.
Charming single-story home in Henderson with an established tenant already in place on a month-to-month lease—ideal for investors seeking immediate rental income with flexibility. This property offers a functional layout, spacious living areas, and a generously sized lot. Located in a convenient area close to shopping, dining, and major roadways, it provides strong rental appeal and long-term upside. Whether you choose to continue leasing or occupy in the future, this is a great opportunity to secure a property with built-in cash flow potential.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades PK-5 • 1.4 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,450 | 2,019 | 17% |
| Lot Size | 4,792 | 6,534 | 19% |
| Price | $389.0K | $0 | 66% |
| Price per sq ft | $268 | $0 | 85% |
| Built year | 1989 | 1988 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 2608 | 1% |
Apr 2, 2026
$389,000
Initial Listing