
Las Vegas, NV 89101
This property presents a High-Potential Investment Opportunity with a List Price of $285,000—positioned well below the $199,076 Fair Market Value by -43%. Given the Fair Condition Rating and the "as-is" status, this asset requires significant capital expenditure to modernize the 1943 infrastructure. The generous 6,534 sqft lot provides substantial development potential in a prime downtown location. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project near the Fremont Street Experience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 N 4th Street Subject | $285,000* List Price | 2 | 1 | 832 | $239 | - |
A 1610 Stewart Avenue Sold | $275,000 | 3 | 1 | 832 | $331 | 0.9 mi |
B 1905 Poplar Avenue Sold | $265,000 | 3 | 2 | 936 | $283 | 0.9 mi |
C 1505 E Ogden Avenue Sold | $282,000 | 3 | 1 | 996 | $283 | 0.9 mi |
D 1809 Brady Avenue Sold | $310,000 | 3 | 2 | 1,130 | $274 | 0.9 mi |
E 634 N 4th Street Active | $285,000 List Price | 2 | 1 | 832 | $343 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943 (81 years old) and explicitly described as a 'fixer-upper' to be sold 'as-is.' The age and listing notes indicate the property requires a full rehab of the kitchen, bath, and major systems to be functional.
Situated in the historic Biltmore subdivision, the property offers exceptional proximity to the Fremont Street Experience, major casinos, and public transit, making it ideal for urban enthusiasts or rental potential.
With a generous lot size of 6,534 square feet for a compact 832-square-foot home, there is significant room for expansion, ADU construction, or personalized landscaping.
The absence of an association fee reduces monthly overhead and allows owners greater flexibility in property usage and exterior modifications.
Designated as a fixer-upper to be sold in as-is condition, the property will require immediate and potentially substantial capital investment for repairs and modernization.
Built in 1943, the home likely features dated systems and structural elements that may not meet current building codes, necessitating specialized inspections and upgrades.
CUTE HOME IN VINTAGE BILTMORE SUBDIVISION...DOWNTOWN, CLOSE PROXIMITY TO CASINOS, FREMONT STREET EXPERIENCE, BUS LINES. FIXER-UPPER TO BE SOLD AS-IS.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 832 | 1,416 | 6% |
| Lot Size | 6,534 | 6,098 | 67% |
| Price | $285.0K | $285.0K | 50% |
| Price per sq ft | $343 | $170 | 97% |
| Built year | 1943 | 1959 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 1162 | 3% |
May 14, 2026
$285,000
Initial Listing