
Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $265,000—positioned well above the $219,995 Fair Market Value by -20%. While the property requires significant capital expenditure due to its Condition Rating of 5, the No HOA Fees and prime Spring Valley location near the Las Vegas Strip provide strong rental demand. The spacious backyard with a covered patio offers immediate value-add potential. This is a fixer-upper asset ideal for Buy-and-Hold Investors or Contractors seeking a renovation project.
Property is extensive renovation needed.
Built in 1977 and explicitly described as a fixer-upper. Interior photos show damaged/missing floor tiles and dated finishes, while the exterior and patio show signs of neglect and age-related wear, indicating a need for a full rehab.
Situated in the desirable Spring Valley area, the property offers exceptional proximity to Chinatown and the Las Vegas Strip, providing high convenience and strong rental potential.
The spacious backyard features a built-in BBQ grill and a covered patio, offering rare outdoor amenities for a townhouse that are perfect for entertaining.
With a reported $0 association fee, this property offers significant monthly savings and fewer restrictions compared to typical townhouse developments in the region.
The property is explicitly listed as a fixer-upper, indicating that buyers will need to budget for immediate renovations and repairs to make the home habitable or modern.
Built in 1977, the home likely requires updates to major systems and cosmetic finishes to meet contemporary building standards and energy efficiency.
The classic design of a one-story townhouse with 3 bedrooms and 2 baths across 1311 square feet of living space. This fixer upper has a single car garage with a car port. Backyard is spacious with a built in BBQ grill and a covered patio. Located conveniently in Spring Valley, minutes from Chinatown and the Las Vegas Strip
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,311 | 1,432.321 |
| Lot Size | 5,227 | 2,308.901 |
| Price | $265.0K | $341.0K |
| Price per sq ft | $202 | $241 |
| Built year | 1977 | 1998 |
| HOA | $0 | $194 |
| Days on market | 20 | 70 |
Oct 4, 2026
$265,000
Initial Listing