
Las Vegas, NV 89102
This property presents a High-Potential Investment Opportunity with a List Price of $231,500—positioned well above the $121,234 Fair Market Value by -90%. Given the Fair Condition Rating and the need for interior rehabilitation, this asset requires a strategic renovation plan to address dated finishes and flooring. Located in a central Las Vegas corridor with proximity to the I-15 and local schools, this townhouse offers significant upside for Buy-and-Hold Investors or Value-Add Renovators capable of modernizing the space to maximize rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2851 South Valley View Boulevard 1175 Subject | $231,500* List Price | 3 | 2 | 1,412 | $86 | - |
A 2851 S VALLEY VIEW Boulevard 1130 Sold | $270,000 | 2 | 2 | 1,272 | $212 | 0.0 mi |
B 2851 S Valley View Boulevard 1120 Sold | $243,000 | 3 | 2 | 1,412 | $172 | 0.1 mi |
C 2851 S Valley View Boulevard 1199 Sold | $220,000 | 2 | 2 | 1,442 | $153 | 0.1 mi |
D 4015 Edgeford Place Sold | $200,000 | 4 | 1 | 1,386 | $144 | 0.3 mi |
E 2851 S Valley View Boulevard 1132A Active | $268,999 List Price | 3 | 3 | 1,412 | $191 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (>30 years) with no evidence of recent renovations. The kitchen features dated oak cabinetry and tile countertops. Interior flooring, specifically the carpeting, shows heavy staining and neglect, requiring immediate replacement and general rehab to be move-in ready.
The property is ideally situated in central Las Vegas, offering exceptional proximity to the I-15 freeway, the Las Vegas Strip, and a wide array of shopping and dining destinations.
With 3 bedrooms and over 1,400 square feet of living space, this townhouse provides a generous and inviting floor plan that offers significant value for its price point.
The inclusion of a rear covered patio provides a valuable private outdoor area for relaxation and entertaining, a feature highly desired in townhouse communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6858, other record lot size in square feet = 4225.
The monthly HOA fee of $365 is relatively high for this price bracket, which may impact the overall monthly affordability and purchasing power for some buyers.
Built in 1989, the property may require cosmetic updates or system inspections to meet modern standards, as suggested by the 'buyer to verify' disclaimer in the listing.
Nice 3 bedroom 2 bath townhome located in central Las Vegas close to shopping areas and restaurants. The Las Vegas Strip and the I-15 freeway is also a short drive away. Inviting floor plan! The kitchen features tile flooring and tile and solid surface countertops. This home also includes a rear covered patio. Show today! All figures and measurements are only approximate. Buyer is to verify schools, HOA, measurements and utilities.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,412 | 1,315 | 64% |
| Lot Size | 6,858 | 2,105 | 82% |
| Price | $231.5K | $220.0K | 59% |
| Price per sq ft | $164 | $173 | 45% |
| Built year | 1989 | 1989 | 50% |
| HOA | $365 | $280 | 95% |
| Days on market | 17 | 629 | 5% |
May 28, 2026
$231,500
Initial Listing