1804 Chapman Drive, Las Vegas, NV 89104, Las Vegas, 89104 - 5 bed, 3 bath
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1804 Chapman Drive
Las Vegas, NV 89104
ACTIVE
CONDITION: FAIR
5Beds
3Baths
3,177Sq Ft
11,326Lot Size
Property Price
LIST PRICE$590,000
EST. MARKET VALUE
$602,670
SUMMARY
This Prime Investment Opportunity is listed at $590,000, positioned well below the $602,671 Fair Market Value by 2%. This valuation gap provides $12,671 in Instant Equity. With a Condition Rating of 4, the property features a versatile tri-level layout, a heated pool and spa, and RV parking. While the home requires cosmetic updates, its 3,177 sqft footprint offers significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, customizable asset.
Estimated Market Value
$602,670
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1804 Chapman Drive Subject | $590,000* List Price | 5 | 3 | 3,177 | $190 | - |
A 1503 5th Place Sold | $500,000 | 3 | 3 | 2,508 | $199 | 0.8 mi |
B 709 Park Paseo Sold | $462,000 | 3 | 3 | 2,202 | $210 | 0.9 mi |
C 521 Sweeney Avenue Sold | $445,000 | 4 | 2 | 2,093 | $213 | 0.9 mi |
D 1221 South 17th Street Active | $605,000 List Price | 5 | 4 | 3,215 | $188 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961, this 65-year-old property shows signs of older renovations (15-30 years ago) including dated flooring, textured ceilings, and older kitchen/bath styling. While functional and livable, it is dated and needs cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Layout
The tri-level floor plan includes a private lower-level suite with its own living room, bedroom, and bathroom, providing an ideal setup for multi-generational living or long-term guests.
- Premium Outdoor Amenities
The oversized 0.26-acre lot is a private retreat featuring a heated pool and spa with a waterfall, mature landscaping, and rare RV parking, offering significant value for the Las Vegas market.
- Spacious Classic Character
With over 3,100 square feet, this home offers substantial space and 'Old Vegas' charm, including unique features like a sunken living room, wood-burning fireplace, and a primary suite with a jacuzzi tub.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1961, the property may require updates to major systems or cosmetic renovations to meet modern energy efficiency standards and contemporary aesthetic preferences.
- Local School Ratings
The property is zoned for schools with lower performance ratings, particularly the high school at a 2/10, which may be a consideration for families prioritizing education.
About 1804 Chapman Drive
Embrace the timeless charm of Old Vegas! This classic tri-level home offers 3,187 square feet, four bedrooms, RV parking, and a spacious 0.26-acre lot. The inviting layout features a sunken living room with a wood-burning fireplace, both gas and electric utilities, a primary suite with jacuzzi tub, and a den/office overlooking the backyard. The lower level includes a private living suite with its own living room, bedroom, and bathroom—ideal for guests or extended family. The kitchen features double ovens, a five-burner gas range that leads to a formal dining room. Outside, enjoy a private retreat with mature landscaping, multiple patios and decks, and a heated pool and spa with a stunning waterfall. Full of character and space, this is Old Vegas living at its best!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Crestwood Elementary School
Grades PK-5 • 0.4 mi
4/10
John C Fremont Middle School
Grades 6-8 • 0.4 mi
5/10
Valley High School
Grades 9-12 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,177 | 1,961.945 |
| Lot Size | 11,326 | 6,098 |
| Price | $590.0K | $486.0K |
| Price per sq ft | $186 | $259 |
| Built year | 1961 | 2002 |
| HOA | $0 | $83 |
| Days on market | 9 | 62 |
Pricing History
Listed for Sale
Aug 31, 2026
$590,000
Initial Listing