
Henderson, NV 89015
This property presents a High-Potential Investment Opportunity with a List Price of $255,000—positioned well below the $256,384 Fair Market Value by 0.54%. This asset offers $1,384 in Instant Equity. Featuring a Condition Rating of 5, the home requires a comprehensive interior rehab. The DX Downtown Mixed-Use Zoning and large 7,405 sq ft lot provide significant value-add potential near the Water Street District. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71 Church Street Subject | $255,000* List Price | 3 | 1 | 1,042 | $246 | - |
A 2 California Way Sold | $276,900 | 3 | 1 | 950 | $291 | 0.2 mi |
B 223 W Basic Road Sold | $221,000 | 2 | 1 | 872 | $253 | 0.7 mi |
C 15 Washington Way Active | $249,999 List Price | 3 | 2 | 942 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this 70+ year old home shows significant age with dated wood paneling and old carpeting. While it features some minor updates like LVP flooring and solar panels, the 'as-is' estate sale status and 'bring your vision' marketing indicate the property requires a comprehensive rehab of its interior and likely its aging systems.
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).
Located near the rapidly growing Water Street District with DX Downtown Mixed-Use zoning, offering significant investment potential and walkability to new dining, entertainment, and the America First Center.
Being sold in as-is condition by an estate, the 1952-built home likely requires modernization and potential repairs to address its age and deferred maintenance.
A three-bedroom configuration served by only a single bathroom may limit the property's appeal for larger families and impact overall market competitiveness.
Own a piece of historic downtown Henderson on the edge of the fast-growing Water Street District - the city's walkable core now home to the America First Center (Silver Knights), the new 151-unit Watermark mixed-use building, a new hotel, restaurants, breweries, farmers markets and festivals, all just blocks away. Priced at its June 2026 independent appraised value. This 3-bedroom, 1-bath single story sits on a 7,405 sq ft lot with a paved driveway and room for RV parking. Inside: luxury vinyl plank flooring in the living room and kitchen, a freestanding wood-burning stove, ceiling fans, and a charming pressed-tin kitchen ceiling. A separate-entry laundry room with an oversized water heater sits at the rear. Storage galore: a large detached workshop, a porched storage building, a shed, and a full-length side storage enclosure. Leased Sunrun solar helps keep power bills low (lease to be assumed by buyer). Zoned DX Downtown Mixed-Use per City of Henderson - buyer to verify permitted uses. Backs to Henderson Hospital's rear lot - no rear residential neighbors. No HOA! Sold as-is by the estate - bring your vision and make it your own.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,042 | 2,064.015 |
| Lot Size | 7,405 | 6,098 |
| Price | $255.0K | $525.0K |
| Price per sq ft | $245 | $265 |
| Built year | 1952 | 2005 |
| HOA | $0 | $110 |
| Days on market | 5 | 70 |
Sep 4, 2026
$255,000
Initial Listing