8404 Mulcahy Avenue, Las Vegas, NV 89145, Las Vegas, 89145 - 2 bed, 2 bath
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Las Vegas, NV 89145
This Dual-Suite Single-Story Home is a Prime Investment Opportunity, listed at $390,000—positioned well below the $565,709 Fair Market Value by 31%. This valuation gap offers $175,709 in Instant Equity. Maintaining a Good Condition Rating, the residence features a brand-new A/C, solar panels, and a large covered patio with NO HOA. Located near Tivoli Village and top-rated schools like Walter Johnson Junior High and Palo Verde High, it provides exceptional lifestyle flexibility. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8404 Mulcahy Avenue Subject | $380,000* List Price | 2 | 2 | 1,184 | $299 | - |
A 8024 Redskin Circle Sold | $405,000 | 3 | 2 | 1,322 | $306 | 0.6 mi |
B 369 Tobler Drive Sold | $360,000 | 3 | 2 | 1,182 | $305 | 0.4 mi |
C 8221 Grassy Point Circle Sold | $450,000 | 3 | 2 | 1,533 | $294 | 0.4 mi |
D 8212 BUCCANEER Lane Sold | $405,000 | 3 | 2 | 1,437 | $282 | 0.3 mi |
E 7700 Tomich Avenue Sold | $335,000 | 2 | 2 | 1,161 | $289 | 0.7 mi |
F 8212 Buccaneer Lane Sold | $405,000 | 3 | 2 | 1,437 | $282 | 0.3 mi |
G 7753 Cherry River Drive Active | $370,000 List Price | 3 | 2 | 1,166 | $317 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1983-built home is move-in ready and has been well-maintained with several significant updates. Key improvements include a brand-new A/C unit, a new garage door and motor, and the addition of solar panels. The interior features modern wood-look laminate flooring throughout, an updated kitchen with sleek countertops and stainless steel appliances, and neutral paint. While some original features like popcorn ceilings are still present, the overall condition and mechanical upgrades meet the criteria for a 'good' rating.
The home features a rare layout with two primary suites, each offering private backyard access and walk-in closets, providing exceptional privacy and flexibility for roommates or multi-generational living.
Equipped with solar panels and a brand-new A/C unit, this property offers significant monthly energy savings and reduced immediate maintenance costs for the new owner.
The absence of HOA fees and restrictions, combined with its proximity to high-end shopping and dining at Tivoli Village and Boca Park, makes this a highly desirable and cost-effective investment.
At 1,184 square feet with only two bedrooms, the home's smaller footprint may not accommodate larger families or those needing a dedicated home office space.
Built in 1983, the home may eventually require updates to older infrastructure or structural components that are common in properties of this vintage compared to newer builds.
Beautiful single-story home located in a quiet, established neighborhood featuring dual primary suites, each with private access to the backyard for added comfort and privacy. Both suites offer generous walk-in closets providing plenty storage. Enjoy the gorgeous kitchen with sleek countertops, ample cabinetry, and all stainless steel appliances included with the sale. The home features an open floor plan that is perfect for both everyday living and entertaining. Step outside to a large covered backyard patio, ideal for relaxing or hosting gatherings. Additional highlights include a 2-car garage with a brand-new garage door and motor, a brand new A/C Unit, and solar panels that provide significant energy savings. Conveniently located near major highways and just minutes from Tivoli Village and Boca Park for shopping and dining. Best of all, NO HOA!! This well-maintained home offers comfort, efficiency, and prime location-a MUST see!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,988.5 | 4% |
| Lot Size | 4,792 | 6,970 | 17% |
| Price | $380.0K | $410.0K | 38% |
| Price per sq ft | $321 | $260 | 84% |
| Built year | 1983 | 1993 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 473 | 1% |
Apr 18, 2026
$380,000
$390,000
-3% Price Drop
Initial Listing
Mar 9, 2026
$390,000
Initial Listing