
Las Vegas, NV 89110
Analysis of 869 Ute Lane, Las Vegas, NV 89110 is currently available with a list price of $399,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
While the property has significant system updates including a 2018 roof, 11-year-old HVAC units, and new windows in Unit A, the 1963 build date and lack of recent kitchen or bathroom renovations suggest the interior is dated. The long-term tenancy in Unit B further indicates the property likely needs cosmetic updates to meet modern standards.
This duplex offers excellent flexibility for an owner-occupant to 'house hack' by living in one unit while renting the other, or for a pure investor to capitalize on the existing 10-year long-term tenant.
The property features significant upgrades including a roof replacement in 2018 and new energy-efficient windows in Unit A, reducing immediate maintenance costs for the new owner.
Situated on a large 9,148 sqft lot, each unit enjoys its own private fenced yard and dedicated washer/dryer hookups, which are premium features that drive tenant retention and rental value.
The A/C units are approximately 11 years old; given the extreme Las Vegas heat, these systems are likely approaching the end of their functional lifespan and may require replacement in the near future.
There is a disparity in condition between the units, with Unit B still featuring carpet and older finishes compared to the updated flooring in Unit A, suggesting a need for future cosmetic capital to normalize rents.
GOOD INVESTMENT PROPERTY. LIVE IN ONE AND RENT THE OTHER ONE. THE ROOF WAS REPLACE IN 2018, A/C UNITS WERE REPLACE AROUND 11 YEARS AGO, NEW WINDOWS IN UNIT A WERE REPLACED LAST YEAR.FLOORING IN UNIT A IS TILE AND LAMINATED WOOD LIKE VYNIL. UNIT BE IS CARPET AND TILE. EACH UNIT HAS WASHER AND DRYER HOOP UPS AND EACH UNIT HAS THEIR OWN PRIVATE YARD ALL FENCED. THE TENANT ON UNIT B BEEN THERE FOR 10 YEARS.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,792 | - |
| Lot Size | 9,148 | - |
| Price | $400.0K | $258.8K |
| Price per sq ft | $223 | $124 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 1298 |
Jul 20, 2026
$399,999
Initial Listing