
North Las Vegas, NV 89081
This Prime Investment Opportunity is a 4-bedroom Single Family Residence listed at $405,000, positioned well below the $414,805 Fair Market Value by 2%. This valuation gap provides $9,805 in Instant Equity. With a Fair Condition Rating, the property requires cosmetic updates to maximize its 2,007 sqft footprint. Located in a sought-after North Las Vegas corridor, this asset offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a stable, high-demand residential community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6028 Gum Springs Street Subject | $429,999* List Price | 4 | 3 | 2,007 | $206 | - |
A 5825 Austin English Street Sold | $415,000 | 4 | 2 | 1,814 | $229 | 0.4 mi |
B 1208 East El Campo Grande Avenue Sold | $415,000 | 4 | 2 | 1,814 | $229 | 0.5 mi |
C 1104 E Hammer Lane Sold | $485,000 | 4 | 3 | 2,708 | $179 | 0.9 mi |
D 1424 Heather Grove Avenue Sold | $505,000 | 3 | 2 | 1,826 | $277 | 1.0 mi |
E 909 E Azure Avenue Pending | $420,000 List Price | 3 | 2 | 1,851 | $227 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the property falls into the 'Fair' category as it exceeds the 20-year mark without evidence of recent renovations. Images show original, dated finishes such as oak cabinetry and linoleum flooring with visible wear and staining, indicating a need for cosmetic updates and minor repairs.
Positioned under market value with a recent price reduction to $405,000, this property offers an attractive entry point and strong equity potential for investors or primary homeowners.
The home features a desirable 4-bedroom configuration with an open-concept main level and a spacious primary suite, providing the versatility needed for modern family living.
Situated in a sought-after North Las Vegas residential corridor within the Fifth & Farm subdivision, the area is noted for high pride of ownership and a stable community atmosphere.
With 42 days on the market and a recent price cut, the property has not moved as quickly as anticipated, which may lead to buyer scrutiny regarding its condition or initial valuation.
There is a notable inconsistency between the official data (2,007 sqft) and the marketing description (2,300+ sqft), which could complicate the appraisal process and buyer expectations.
Under MARKET VALUE!!! ALL OVER DUE IN BY 7/10/2026 by 5PM PST Whether you’re building a portfolio or planting roots — this one delivers on both fronts. Its PERFECT! Nestled in one of North Las Vegas’s most sought-after residential corridors, this spacious two-story home offers the perfect blend of comfort, space, and long-term value. Featuring 4 bedrooms, 2.5 bathrooms, and over 2,300 square feet of thoughtfully designed living space, every inch of this home was built for real living. The main level welcomes you with an open-concept layout, a well-appointed kitchen, and generous living areas perfect for entertaining or unwinding. Upstairs, a spacious primary suite anchors the bedroom wing, complete with a walk-in closet and dual vanity. Three additional bedrooms offer flexibility for family, guests, or a home office setup. Outside, enjoy a private backyard retreat in a neighborhood where pride of ownership shows on every block. This property will go fast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,007 | 1,858.367 |
| Lot Size | 5,663 | 5,663 |
| Price | $430.0K | $431.0K |
| Price per sq ft | $214 | $230 |
| Built year | 2005 | 2005 |
| HOA | $72 | $69 |
| Days on market | 106 | 61 |
Jul 28, 2026
$429,999
$404,999
+6% Price Increase
Initial Listing
Jul 24, 2026
$404,999
$405,000
+0% Price Increase
Initial Listing
Jul 7, 2026
$405,000
$415,000
-2% Price Drop
Initial Listing
May 26, 2026
$415,000
Initial Listing