612 West McWilliams Avenue, Las Vegas, NV 89106, Las Vegas, 89106 - 0 bed, 0 bath
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Las Vegas, NV 89106
This duplex presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $285,213 Fair Market Value by 1.8%. This valuation gap offers $5,213 in Instant Equity. With a Condition Rating of 5, the property requires a full interior rehab and system modernization to address functional obsolescence. Its Dual-Income Potential and proximity to Downtown Las Vegas make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add house-hacking project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 West McWilliams Avenue Subject | $280,000* List Price | 0 | 0 | 1,704 | $167 | - |
A 210/208 Paul Avenue Active | $319,888 List Price | 0 | 0 | 1,833 | $175 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (75 years old) with no mention of recent renovations to kitchens, baths, or major systems. The exterior shows dated siding and an aging evaporative cooling unit, suggesting the property likely requires a full interior rehab and system modernization to address safety and functional obsolescence.
Situated just five minutes from Downtown Las Vegas and the Strip, this property is located in a rapidly revitalizing corridor, ensuring high rental demand and long-term appreciation.
The duplex configuration, featuring a 3-bedroom main house and a separate studio, allows for flexible investment strategies including traditional renting or owner-occupied 'house hacking'.
At a list price of $280,000, this multi-unit property offers a low barrier to entry for investors looking to acquire residential income property in a major metropolitan market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1704, other record living area = 1248.
Built in 1951, the property may require significant capital expenditures for maintenance or modernization of major systems to meet contemporary tenant expectations.
Many of the assigned local schools carry low performance ratings (as low as 2/10), which may limit the property's appeal to long-term family tenants.
Exceptional investment opportunity in the heart of Las Vegas! This centrally located duplex offers two income-producing units — a spacious 3-bedroom/1-bath (1,248 sq ft) and a studio/1-bath (456 sq ft) — ideal for maximizing rental income or an owner-occupied lifestyle where your tenant helps pay your mortgage. Situated in one of Las Vegas’s most rapidly revitalizing corridors, you’re surrounded by new nightclubs, restaurants, high-rises, and a growing list of amenities that are drawing residents and renters alike. Just 5 minutes from Downtown Las Vegas and the world-famous Las Vegas Strip, this location only gets more valuable with time. Don’t miss your chance to invest in one of the city’s most exciting and up-and-coming neighborhoods!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,704 | - |
| Lot Size | 6,534 | - |
| Price | $280.0K | $258.8K |
| Price per sq ft | $164 | $124 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 1298 |
Jul 2, 2026
$280,000
Initial Listing