
Las Vegas, NV 89107
This Spacious Multi-Generational Home represents a Strong Value Opportunity, listed at $439,995—positioned well above the $421,320 Fair Market Value by -4%. Featuring a Private Studio Apartment with a separate entrance and Granite Kitchen finishes, the property maintains a Condition Rating of 3. While the 1964 construction requires ongoing maintenance, the No HOA status provides significant flexibility for customization. This versatile asset is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants requiring a flexible, multi-functional living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6205 Rassler Avenue Subject | $439,995* List Price | 5 | 3 | 1,958 | $215 | - |
A 501 N Wallace Drive Sold | $430,000 | 4 | 3 | 1,789 | $240 | 0.0 mi |
B 6248 Dayton Avenue Sold | $380,000 | 3 | 2 | 1,770 | $215 | 0.6 mi |
C 6248 Dayton Avenue Sold | $380,000 | 3 | 2 | 1,770 | $215 | 0.6 mi |
D 6224 Shawnee Avenue Sold | $415,000 | 3 | 3 | 1,721 | $241 | 0.7 mi |
E 5912 Alta Drive Sold | $350,000 List Price | 4 | 3 | 1,877 | 0.8 mi | |
F 6213 McAllister Avenue Sold | $400,000 | 4 | 3 | 2,394 | $167 | 0.1 mi |
G 6225 Arlington Avenue Sold | $365,000 | 3 | 3 | 1,922 | $190 | 0.7 mi |
H 221 Milinane Drive Active | $485,000 List Price | 5 | 2 | 2,122 | $229 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1964, the property has undergone significant renovations that make it move-in ready. Updates include granite countertops, modern tile and wood-laminate flooring, and updated bathroom fixtures. The interior condition suggests a renovation within the 5-15 year range, making it well-maintained and functional.
The downstairs studio features a private entrance, full kitchen, bathroom, and living area, offering excellent potential for rental income, guests, or multigenerational living.
With no homeowners association, buyers benefit from zero monthly HOA fees and greater freedom to use and modify the property without restrictive rules.
The home boasts durable tile flooring in main areas, attractive wood-laminated flooring in bedrooms, and granite countertops in the kitchen, reducing immediate move-in upgrade costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1964, the property may require ongoing maintenance or future updates to aging major systems and infrastructure compared to newer builds.
A 6,098 square foot lot provides limited outdoor yard space for a large 5-bedroom home, which may restrict outdoor activities or expansion.
Beautiful home featuring 5 bedrooms plus a private studio and 3 full bathrooms. The main living areas offer durable tile flooring, while the bedrooms feature attractive wood-laminated flooring. The kitchen is appointed with granite countertops and ample cabinet space. Best of all, there is no HOA. The downstairs studio provides excellent flexibility and includes its own private entrance area with a kitchen, full bathroom, bedroom, and a combined living/dining area, making it ideal for multigenerational living, guests, rental potential, or a home office setup.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,958 | - |
| Lot Size | 6,098 | - |
| Price | $440.0K | $474.8K |
| Price per sq ft | $225 | $257 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 526 |
Jun 18, 2026
$439,995
Initial Listing