1505 Margaret Ave Las Vegas, NV 89101

3 beds · 2 baths · 2,000 sq ft · Lot Size: 6,970 sq ft · Single Family Home · Downtown Las Vegas
Get Owner Info

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

1505 Margaret Ave is in the Downtown Las Vegas neighborhood of Las Vegas, NV. It is located in Clark County and ZIP code 89101. This Single Family Home was built in 1956 and is approximately 69 years old. The single family home spans 2000 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6970 sq ft lot. According to public records, it was last sold in 2021 for $257,000. The Downtown Las Vegas area of Las Vegas has 1359 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1505 Margaret Ave Las Vegas, NV 89101 with Property Intel by Whitepages.

Investment Potential for 1505 Margaret Ave

The property has a current estimated value of $307,807, which is 3% below the neighborhood median, based on public records. It last sold on December 10, 2021 for $257K. Projected long-term
is $35,400 annually ($2,950 per month) with a 82% occupancy rate.

Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
82%in 89101 zip code
 
View Rental Potential

Owners & Occupancy for 1505 Margaret Ave

This property is owned by Bonnie Urich. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence*************
Landline(702) 838-2664
Distance from Property**********
Email Address************@yahoo.com

Property Ownership Information

Purchase DateDecember 10, 2021
Property Tax Amount$934 in 2023
Purchase Price$257,000

Occupancy

Resident 1**************** age 65

Property Details for 1505 Margaret Ave

Property Details

Property Sq Ft

Living Area

2,000 sq ft

Compare to Downtown Las Vegas

Price Per Sq Ft

Living Area

$154 / sq ft

Compare to Downtown Las Vegas

Lot Size Area

$44 / sq ft

Compare to Downtown Las Vegas
Property condition, age, exterior, etc. for 1505 Marga…
Longitude: -115.126831 Latitude: 36.176168 Parcel Number (APN): 139-26-415-086…
Mortgage originated on through lender: Swbc Mtg Corp for$******View Mortgage Details
On a scale of 1-10, how useful do you find the information provided on this page?
Not usefulUseful

Recommended Properties in Downtown Las Vegas

Discover more single family homes near 1505 Margaret Ave in Las Vegas, Nevada. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1505 Margaret Ave in Clark County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$307,807
$418,661
-$110,854 (-26%)
$524,619
-$72,178 (-14%)
YoY Price Change
1.59%
-194%
Year Built
1956
1999
-43 years
Living Space
2,000 sq ft
1,644 sq ft
356 (22%)
$ Per Living Sq Ft
$154
$262
-$108 (-41%)
Lot Size
6,970 sq ft
6,098 sq ft
872 (14%)
$ Per Lot Sq Ft
$44
$77
-$32 (-42%)

Net Operating Income
$20,154
$7,323 (36%)
Annual Revenue
$35,400
$29,400
$6,000 (20%)
$8,479
-$556 (-7%)
Net Operating Income
$20,154
$7,323 (36%)
Cap Rate
4.74%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians