
Las Vegas, NV 89110
This Single-Story Residential Asset is listed at $424,900, offering a strategic entry point into the Las Vegas market with significant Value-Add Potential. Currently assessed at a $371,198 Fair Market Value, the property’s Fair Condition Rating and 1980s-era finishes suggest immediate upside through interior modernization and cosmetic updates. The expansive 10,454 sqft Lot features No HOA, RV Parking, and scenic Mountain Views, providing rare utility and flexibility for the submarket. This functional 4-bedroom layout is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a primary residence with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6196 E Owens Avenue Subject | $424,900* List Price | 4 | 3 | 1,865 | $199 | - |
A 5836 Dunedin Court Sold | $490,000 | 4 | 3 | 1,844 | $266 | 1.0 mi |
B 1251 Los Meadows Drive Sold | $543,000 | 4 | 3 | 2,172 | $250 | 0.5 mi |
C 992 Majestic Falls Lane Sold | $438,000 | 4 | 3 | 1,884 | $232 | 0.8 mi |
D 5600 Grossmont Avenue Sold | $371,000 | 5 | 3 | 1,909 | $194 | 0.8 mi |
E 5772 Sunny Orchard Sold | $392,900 List Price | 3 | 3 | 1,726 | 0.5 mi | |
F 5823 E Monroe Avenue Pending | $415,000 List Price | 4 | 3 | 1,975 | $210 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1980 (44 years old) and shows significant signs of being dated. While functional, the kitchen features older white appliances and laminate countertops, and the bathrooms utilize basic fiberglass inserts and older vanities. The presence of popcorn ceilings and older ceramic tile flooring suggests the home has not undergone a major renovation in over 20 years, fitting the 'Fair' criteria for a home needing cosmetic updates and likely system maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1865.
The property sits on a generous 10,454 sqft lot with no HOA restrictions, offering rare flexibility for RV parking, additional storage, or future expansion.
The inclusion of mountain views provides a premium aesthetic appeal that enhances the living experience and adds long-term value to the property.
Built in 1980, the home may require updates to major systems and interior finishes to meet modern energy efficiency and design standards.
As an older property positioned for value, buyers should anticipate additional investment for cosmetic or structural refreshments to maximize its market potential.
Single-story home in Las Vegas offering exceptional value for both homeowners and investors. This 4 Bedroom 2.5 Bathroom property features a functional floor plan, spacious living areas, and abundant natural light throughout. The home sits on a generously sized lot with no HOA, providing flexibility for RV parking, additional storage, or future expansion. Ideal for first-time home buyers, rental property investors, or those seeking a primary residence, this home offers cash flow potential and long-term upside. Conveniently located near shopping, dining, schools, parks, and major freeway access, making daily commutes and lifestyle needs seamless. Don’t miss this opportunity to own a Las Vegas investment property or affordable single-family home in a rapidly growing area. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,865 | - |
| Lot Size | 10,454 | - |
| Price | $424.9K | $474.8K |
| Price per sq ft | $228 | $257 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 78 | 526 |
May 5, 2026
$424,900
Initial Listing