
Henderson, NV 89015
This Single-Story Downtown Residence is a Strong Value Opportunity, listed at $289,500—positioned well below the $314,300 Fair Market Value by 7%. This valuation gap provides $24,800 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the home offers a functional layout with a wood-burning fireplace and mountain range views. The expansive 7,405 sq. ft. lot with RV parking and proximity to the 9/10 rated Gordon Mccaw Elementary enhances its long-term appeal. This property is a strategic acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71 Church Street Subject | $289,500* List Price | 3 | 1 | 1,042 | $302 | - |
A 41 LASWELL Street Sold | $325,000 | 3 | 2 | 1,264 | $257 | 0.2 mi |
B 6 Brown Street Sold | $257,500 List Price | 3 | 2 | 1,042 | 0.2 mi | |
C 116 Maple Street Sold | $310,000 | 3 | 1 | 988 | $314 | 0.8 mi |
D 116 MAPLE Street Sold | $310,000 | 3 | 2 | 988 | $314 | 0.8 mi |
E 15 Washington Way Active | $290,000 List Price | 3 | 2 | 942 | $308 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property is a well-maintained but dated home that requires modernization. While the main living areas have been updated with newer laminate flooring and fresh paint, the kitchen is significantly outdated with older wood cabinetry, laminate counters, and aged appliances. The bedrooms feature older shag-style carpeting and wood paneling. The presence of a wall-mounted AC unit and the overall age of the infrastructure suggest that while the home is functional and livable, it requires cosmetic and system updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1042.
Elementary School: Gordon Mccaw Elementary School (9/10).
Situated just minutes from the revitalized Water Street district, this property offers easy access to local dining, entertainment, and the vibrant heart of downtown Henderson.
Built in 1952, the home likely requires significant modernization and updates to meet contemporary standards, as indicated by the need for a 'personal touch.'
The three-bedroom layout is serviced by only a single bathroom, which may pose a functional challenge for families and could impact the property's overall marketability.
Single story home in the heart of downtown Henderson, just minutes from Water Street. Set on a large lot with no rear neighbors, this 3 bed, 1 bath property features an expansive backyard with plenty of space for storage or future additions. Includes a wood burning fireplace, two storage sheds and a spacious driveway perfect for RV parking. A great opportunity for buyers looking to add their personal touch.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.9 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,042 | 1,592 | 4% |
| Lot Size | 7,405 | 6,534 | 70% |
| Price | $289.5K | $45.0K | 53% |
| Price per sq ft | $278 | $40 | 84% |
| Built year | 1952 | 1996 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 2743 | 1% |
Apr 3, 2026
$289,500
Initial Listing