321 Beaumont Street, Las Vegas, NV 89106, Las Vegas, 89106 - 4 bed, 4 bath
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Las Vegas, NV 89106
This Turnkey Income-Generating Asset is listed at $584,000, reflecting a valuation supported by high-performing cash flow relative to the $498,731 Fair Market Value. Boasting a Condition Rating of 2, the property includes a 3-bedroom main house and a separate casita, generating $4,100 in monthly rental income with a 7.2% net return. Located near Downtown Las Vegas, the site is served by the 7-rated Hyde Park Middle School. With 100% occupancy and brand-new modern renovations, this is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Beaumont Street Subject | $584,000* List Price | 4 | 4 | 1,887 | $264 | - |
A 2116 Jaymie Way Sold | $425,000 | 4 | 2 | 1,736 | $245 | 0.2 mi |
B 2116 Jaymie Way Sold | $425,000 | 4 | 2 | 1,736 | $245 | 0.2 mi |
C 22 Diamond Circle Sold | $449,900 List Price | 3 | 2 | 1,270 | 0.5 mi | |
D 31 Onyx Way Pending | $449,900 List Price | 5 | 3 | 1,906 | $236 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1955, the property has undergone a comprehensive, high-end renovation within the last year. The interior features brand-new modern plank flooring, completely updated kitchens with white shaker cabinetry and quartz countertops, and bathrooms with contemporary large-format tile work. Major systems, including the AC, have been replaced, and the exterior has been refreshed with new pavers and paint, making it a turnkey property with no deferred maintenance.
The property generates a robust $4,100 monthly rental income with a 7.2% net return and 100% occupancy, offering immediate and high-performing cash flow.
Extensively updated with brand-new kitchens, bathrooms, AC, and plank flooring, significantly reducing the need for near-term capital expenditures.
The layout featuring a 3-bedroom main house and a separate 1-bedroom casita provides excellent rental flexibility and maximizes the utility of the R1-zoned lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1887, other record living area = 1334. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The landlord is responsible for all utility payments, which can lead to unpredictable monthly overhead and potential margin compression during high-usage seasons.
As a Single Family Residence (R1) being utilized for multiple rental streams, the property may face stricter appraisal scrutiny or challenges with traditional residential financing.
INVESTORS: RARE FIND! 4 Bedrms /4 Baths. 1887 SF. $370 Per Foot. $4,100 /mos rental income. 7.2% NET Return. 100% occup. w/ waiting list at higher rents. Unbelievable LOCATION near DOWNTOWN VEGAS. Light & Bright apartments. Main house is 3 BR+3 Bath and Rear Casita is 1BR+1 Bath. All modern NEW plank flooring. Property has back & front patio and laundry room. Brand New Kitchens. Brand New Bathrooms. Brand New AC. Brand new pavers. Security Cameras, hardwired keypads, full iron fence. Everything is custom ordered & designed. Lots of rental demand. Near Las Vegas Blvd, LV Premium Outlet Mall, restaurants, shopping & more. Located across from the famous Rancho Circle guard gated estates. This is a SFR R1 zoned property. Landlord pays all utilities. THIS IS MAILBOX MONEY.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 1,887 | 1,307 | 88% |
| Lot Size | 6,098 | 6,534 | 48% |
| Price | $584.0K | $310.0K | 97% |
| Price per sq ft | $309 | $224 | 97% |
| Built year | 1955 | 1963 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 205 | 776 | 29% |
Sep 29, 2025
$584,000
Initial Listing