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


Listing information provided courtesy of the Realtor Association of New Mexico. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.