
Las Vegas, NV 89107
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $401,466 Fair Market Value by -11%. Featuring an assumable 2.25% FHA loan and $0 HOA fees, this asset offers significant cash-flow advantages. With a Condition Rating of 5, the home requires a full cosmetic and system rehab, including the converted garage space. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a well-connected Las Vegas neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6728 Wenatchee Drive Subject | $439,999* List Price | 4 | 3 | 1,789 | $223 | - |
A 6324 Fairwood Avenue Sold | $389,000 List Price | 4 | 3 | 1,922 | 0.8 mi | |
B 6717 Rexburg Circle Sold | $420,000 | 3 | 3 | 1,893 | $222 | 0.4 mi |
C 6701 Theus Circle Sold | $346,500 | 3 | 2 | 1,215 | $285 | 0.1 mi |
D 6229 Cromwell Avenue Sold | $435,000 | 4 | 2 | 2,236 | $195 | 0.8 mi |
E 6701 Theus Circle Sold | $346,500 | 3 | 2 | 1,215 | $285 | 0.1 mi |
F 6505 Alta Drive Sold | $325,000 | 2 | 2 | 1,507 | $216 | 0.4 mi |
G 417 Lorenzi Street Pending | $375,000 List Price | 4 | 4 | 1,836 | $204 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of major renovations. The interior is significantly dated, featuring original 1980s bathrooms, popcorn ceilings, and wood paneling. The garage conversion appears to be a lower-quality DIY finish with exposed wiring, and the property requires a full cosmetic and system rehab to meet modern standards.
The property features an assumable 2.25% FHA loan, providing a rare and significant financial advantage by offering interest rates far below current market averages.
With an association fee of $0, homeowners benefit from increased monthly affordability and the freedom to utilize their property without the constraints of a homeowners association.
The converted garage and generous corner lot offer flexible options for a fifth bedroom, home office, or additional recreation space, catering to diverse lifestyle needs.
The assigned middle and high schools have lower performance ratings (3/10), which may be a concern for families prioritizing academic rankings and could impact future resale value.
Built in 1984, the home may require cosmetic updates or system upgrades to meet the aesthetic and efficiency standards of newer residential developments in the area.
The Seller is offering up to $10K in credits at listed price to cover a 2-1 buy down, a permanent point buy down or buyer’s closing costs at closing. Discover the perfect blend of comfort and convenience in this delightful two-story residence, ideally situated on a generous corner lot within a welcoming Las Vegas neighborhood. This charming home offers 1,789 square feet of thoughtfully designed living space, providing an exceptional environment for both relaxation and entertaining. The expansive 5,663-square-foot lot ensures ample outdoor space for leisure and activities, featuring a private yard, a patio, a porch, and a shed for additional storage. The home boasts a practical layout with four spacious bedrooms and two and a half bathrooms, catering to a comfortable lifestyle. Modern conveniences include a microwave and ceiling fans, enhancing everyday living. A unique feature of this property is the converted garage, offering versatile space that can serve as an additional bedroom or room of your choice. Enjoy the classic appeal of a well-maintained home, ready to create new memories. This residence provides an outstanding opportunity to embrace the vibrant lifestyle of Las Vegas, combining suburban tranquility with urban accessibility. Additionally the property does have an assumable FHA mortgage with a 2.25% rate.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,789 | - |
| Lot Size | 5,663 | - |
| Price | $440.0K | $474.8K |
| Price per sq ft | $246 | $257 |
| Built year | 1984 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 526 |
Jul 21, 2026
$439,999
$449,000
-2% Price Drop
Initial Listing
Jul 1, 2026
$449,000
Initial Listing