
Las Vegas, NV 89107
This property presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $338,950 Fair Market Value by 17%. This valuation gap offers $58,950 in Instant Equity for buyers ready to address its Vintage Condition Rating. Featuring a functional 988 sq. ft. layout on an expansive 8,276 sq. ft. lot with No HOA, the asset provides significant room for forced appreciation through modernization. Located near the Las Vegas Medical District, this is a high-yield acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6552 Casada Way Subject | $320,000* List Price | 3 | 1 | 988 | $229 | - |
A 6332 Arlington Avenue Sold | $270,000 | 3 | 2 | 1,180 | $229 | 0.6 mi |
B 6444 Bannock Way Sold | $348,000 | 3 | 2 | 1,274 | $273 | 0.2 mi |
C 6701 Theus Circle Sold | $346,500 | 3 | 2 | 1,215 | $285 | 0.2 mi |
D 6701 Theus Circle Sold | $346,500 | 3 | 2 | 1,215 | $285 | 0.2 mi |
E 6253 Factor Avenue Active | $375,000 List Price | 3 | 2 | 1,350 | $278 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and described as being in 'vintage condition,' this property requires significant modernization and rehabilitation to meet contemporary standards. The exterior shows signs of deferred maintenance with an overgrown yard, and the listing's emphasis on 'huge potential' and 'equity opportunity' indicates that the kitchen, bathroom, and major systems likely require substantial updates or repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 988.
Priced under $300,000, this detached single-story home represents a rare entry-level opportunity in the Las Vegas market with significant equity potential for investors or first-time buyers.
The property offers the ultimate freedom of no Homeowners Association, eliminating monthly fees and restrictive covenants while allowing for greater flexibility in property use.
Built in 1964, the home likely requires significant modernization and updates to meet contemporary standards, which may necessitate immediate additional capital investment.
With a footprint of under 1,000 square feet and only one bathroom, the layout is relatively compact and may not accommodate the needs of larger families or those seeking modern spaciousness.
DETACHED SINGLE-STORY UNDER $300K! NO HOA & HUGE POTENTIAL! Incredible equity opportunity in the heart of 89107! This 3-bedroom, 2-bathroom single-story home features a functional 1,131 sq. ft. layout and sits on a generous lot with a private backyard. Enjoy the ultimate freedom of NO HOA in a well-established neighborhood just minutes from the Medical District, Meadows Mall, and easy US-95 freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 3% |
| Square foot | 988 | 1,662 | 7% |
| Lot Size | 8,276 | 6,534 | 75% |
| Price | $320.0K | $355.0K | 38% |
| Price per sq ft | $324 | $212 | 92% |
| Built year | 1964 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 282 | 1% |
May 1, 2026
$320,000
$280,000
+14% Price Increase
Initial Listing
Mar 12, 2026
$280,000
Initial Listing