869 Ute Lane, Las Vegas, NV 89110, Las Vegas, 89110 - 0 bed, 0 bath
Loading property details...
869 Ute Lane
Las Vegas, NV 89110
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,792Sq Ft
9,148Lot Size
Property Price
LIST PRICE$399,999
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
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.
- Recent Capital Improvements
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.
- Private Outdoor Amenities
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.
CONSRISKS & DEFICIENCIES
- Aging HVAC Systems
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.
- Interior Inconsistency
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.
About 869 Ute Lane
NELLIS/BONANZA AREA!! GOOD INVESTMENT PROPERTY WITH NOT HOA!!. 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 B IS CARPETED AND TILE. EACH UNIT HAS WASHER AND DRYER HOOK UPS AND EACH UNIT HAS THEIR OWN PRIVATE YARD ALL FENCED. THE TENANT ON UNIT B BEEN THERE FOR 10 YEARS. CLOSE TO THE BUS STOP.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1963
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Stanford Elementary School
Grades PK-5 • 0.3 mi
5/10
Mike Ocallaghan Middle School
Grades 6-8 • 2.4 mi
4/10
Eldorado High School
Grades 9-12 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,792 | 1,729 |
| Lot Size | 9,148 | 7,623 |
| Price | $400.0K | $385.0K |
| Price per sq ft | $223 | $222 |
| Built year | 1963 | 1953 |
| HOA | $0 | $0 |
| Days on market | 51 | 51 |
Pricing History
Listed for Sale
Jul 20, 2026
$399,999
Initial Listing