2556 Paradise Village Way, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
Loading property details...
Las Vegas, NV 89120
This townhome presents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well above the $120,214 Fair Market Value by -83%. Featuring a Single-Story End Unit Layout and a spacious private rear patio, the property requires a full cosmetic rehab given its Condition Rating of 5. While the school district ratings are low, the central location near UNLV and the airport ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2556 Paradise Village Way Subject | $185,000* List Price | 2 | 2 | 1,104 | $160 | - |
A 2413 Paradise Village Way Sold | $225,000 | 3 | 2 | 1,332 | $169 | 0.2 mi |
B 3638 Villa Knolls East Drive Active | $175,000 List Price | 2 | 2 | 1,012 | $173 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973, this 50+ year old property shows no signs of significant renovation. The kitchen features original oak cabinetry, dated appliances, and laminate countertops. Popcorn ceilings, mirrored walls, and older flooring throughout indicate the home requires a full cosmetic rehab and likely system updates to meet modern standards.
As a rare single-story end unit, this property offers superior privacy, easier accessibility, and increased natural light compared to standard interior townhomes.
The property is ideally situated near UNLV, Harry Reid International Airport, and the Las Vegas Strip, providing exceptional convenience for commuters and high rental demand for investors.
Features a spacious private rear patio, a separate laundry room, and a covered two-car carport with direct access, offering functional amenities often missing in townhouse living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Built in 1973 and described as needing a 'personal touch,' the home likely requires a budget for cosmetic and system updates to meet modern standards.
The assigned secondary schools have low ratings, specifically a 2/10 for the high school, which may deter families with school-aged children and impact long-term appreciation.
Welcome to this hard-to-find single-story 2-bedroom, 2-bath townhome ideally located in the heart of Las Vegas. As an end unit, this home offers added privacy and a spacious rear patio, creating the perfect space for relaxing, entertaining, or enjoying the beautiful Las Vegas weather. Inside, you'll find a functional floor plan with a generously sized living area and plenty of natural light throughout. While the home is ready for a new owner's personal touch and updates, it offers an excellent opportunity to customize and create your ideal living space. Additional features include a separate laundry room off the patio, ground-mounted A/C, and a covered two-car carport with convenient direct access to the property. Residents enjoy access to a beautiful community pool, clubhouse, and park-like common areas complete with benches and mature landscaping. Centrally located near UNLV, Harry Reid International Airport, the Las Vegas Strip, shopping, dining, and major transportation routes, this property offers exceptional convenience and value. Whether you're a first-time buyer, investor, or someone looking to downsize, this townhome presents a fantastic opportunity to own a spacious single-story home in a highly desirable central Las Vegas location.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,104 | - |
| Lot Size | 1,742 | - |
| Price | $185.0K | $324.2K |
| Price per sq ft | $168 | $237 |
| Built year | 1973 | 0 |
| HOA | $315 | $0 |
| Days on market | 40 | 276 |
Jun 30, 2026
$185,000
$205,000
-10% Price Drop
Initial Listing
Jun 19, 2026
$205,000
$220,000
-7% Price Drop
Initial Listing
Jun 12, 2026
$220,000
Initial Listing