Property Attributes
- MLS#2768639
- TypeSingle Family
- Listing Status Active
- CountyClark
- CityLas Vegas
- NeighborhoodWashington Add
- Zip89101
- Style
- Year Built1962
- Taxes$ 670
- Price$ 315,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage936
- Lot Size0.14 Acres
Data Source:
Greater Las Vegas MLS (GLVAR)
Property Description
Investor opportunity in a centrally located Las Vegas property offering immediate cash flow and long-term tenant stability. Priced at $315,000, this 936 sq ft home is currently leased at $1,700/month with a reliable long-term tenant in place, providing a strong foundation of consistent income and reduced vacancy risk. At current numbers, the property delivers an approximate 6.5% gross cap rate, making it an attractive option for investors seeking a stabilized, income-producing asset in a high-demand rental market. With no HOA and low-maintenance desert landscaping, operational overhead is kept minimal, supporting stronger net returns and easier management. The home features efficient use of space with 3 bedrooms, along with a spacious backyard and RV parking potential—additional value-add flexibility for future tenant demand or rental optimization. Its central location offers quick access to major freeways, Downtown Las Vegas, the Las Vegas Strip, and a wide range of shopping, dining, and everyday amenities, ensuring continued tenant appeal and strong rental retention. Whether you’re looking to expand your portfolio with a stabilized asset or position for long-term appreciation in a prime rental corridor, this property offers a compelling blend of cash flow, location, and upside potential.
| Elementary School | Middle School | High School |
|---|---|---|
| Bracken Elementary School | Smith J. D. Middle School | Rancho High School |
| Price History | |
|---|---|
| 3/31/2026 | Listed $315,000 |
General Features
| Interior Features | Bedroom on Main Level,Primary Downstairs,Window Treatments |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Electricity Available,Underground Utilities |
| Possession | Subject To Tenant Rights |
| Roof | Composition,Shingle |
| Appliances | Electric Range |
| Exterior Features | Patio,Private Yard |
| Patio/Porch Features | Patio |
| Architectural Style | One Story |
| Year Built | 1962 |
| Electric | Photovoltaics None |
| Stories | 1 |
| Property SubType | Single Family Residence |
| Percent Ownership | Single Family Residential |
| Additional Parcels Description | --- |
| County | Clark |
| Property Type | Residential |
| Association Amenities | None |
| Subdivision Name | Washington Add |
| Facing Direction | North |
| Total Rooms | 6 |
| Status | Active |
| Directions | From 95 and Eastern - Head North on Eastern - Turn East on Washington Ave - Make first Left on N 28th St. and then another immediate Left on Brady Ave. House on Left |
| High School | Rancho |
| City | Las Vegas |
| Zoning Description | Single Family |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098 |
| Elementary School | Bracken, Walter,Bracken, Walter |
| Year Built Details | RESALE |
| Tax Annual Amount | 670 |
| Middle/Junior High School | Smith J. D. |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/las/2768639 |
| Days on Market | 56 |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Lease Amount | 1700 |
| PostalCity | Las Vegas |
Interior Features
| Flooring | Tile |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Full Baths | 1 |
| Half Baths | 1 |
| Laundry Features | Electric Dryer Hookup,Main Level |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Bedrooms Possible | 3 |
Exterior Features
| Fencing | Block,Back Yard,Wood |
|---|---|
| Parking Features | Guest |
| Lot Features | Desert Landscaping,Landscaped,< 1/4 Acre |
| Water Source | Public |
| Lot Size Area | 0.14 |
| Building Area Total | 936 |
| Lot Size Acres | 0.14 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool

