247 Tower Street, Las Vegas, NV 89101, Las Vegas, 89101 - 2 bed, 2 bath
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Las Vegas, NV 89101
This Modern Tri-Level Townhouse is a Strong Value Opportunity, listed at $369,999—positioned well below the $373,065 Fair Market Value by 0.82%. This valuation gap offers $3,066 in Instant Equity. Featuring an Excellent Condition Rating and a private backyard, the home offers a sophisticated urban lifestyle with an attached two-car garage. While zoned for lower-rated schools, the prime downtown location provides high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking refined, low-maintenance city living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 247 Tower Street Subject | $369,999* List Price | 2 | 2 | 1,857 | $201 | - |
A 230 DOUGRAM Avenue Sold | $385,571 | 2 | 2 | 1,956 | $197 | 0.1 mi |
B 1998 Lewis Avenue Active | $425,000 List Price | 2 | 2 | 1,860 | $228 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is 9 years old, meeting the under 10-year criteria for excellent condition. The interior is in mint condition with a modern open-concept kitchen featuring stone countertops, contemporary flooring, and high-end finishes throughout that require no maintenance.
Situated in the heart of downtown Las Vegas, this property offers unparalleled walkability to world-class entertainment, dining, and the Fremont Street Experience, making it ideal for urban professionals.
Built in 2017, the home features a contemporary open-concept design with a private ground-floor guest suite and a rare private backyard, providing a perfect balance of social and private spaces.
The inclusion of a private, attached two-car garage is a significant premium in a high-density downtown environment where secure parking is often limited or unavailable.
The property is zoned for schools with lower academic ratings, specifically a rating of 2 for the high school and 3 for the elementary school, which may deter families and impact long-term resale value.
With nearly 2,000 square feet of living space, the two-bedroom configuration may be seen as a limitation for buyers requiring more sleeping quarters or dedicated guest rooms compared to other townhomes in this price bracket.
Nestled on vibrant Fremont Street in downtown Las Vegas, Fremont Street Lofts offers sophisticated urban living in a striking tri-level community of townhomes with attached two car garages. This residence features 1,956 SF with a ground-floor bedroom with private en-suite, dramatic stairwells leading to a spacious second-floor open-concept living area where kitchen, living, and dining flow seamlessly together, and a luxurious third-floor primary retreat with walk-in closet, spa-like en-suite boasting dual vanities and an oversized shower, plus a versatile landing perfect for a home office. Step outside to your charming private backyard—an intimate oasis for savoring warm Vegas nights under the stars. Unbeatable location places you moments from Fremont Street’s world-class entertainment, shopping, and dining, with easy freeway access and just five minutes to the Las Vegas Strip. Modern, fresh, and undeniably refined, this is downtown living elevated to an art form.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,857 | 1,573.5 | 50% |
| Lot Size | 1,307 | 1,742.5 | 50% |
| Price | $370.0K | $317.5K | 50% |
| Price per sq ft | $199 | $198 | 50% |
| Built year | 2017 | 1998 | 75% |
| HOA | $148 | $108 | 50% |
| Days on market | 17 | 205 | 25% |
May 20, 2026
$369,999
Initial Listing