3327 Erva Street 213, Las Vegas, NV 89117, Las Vegas, 89117 - 2 bed, 2 bath
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Las Vegas, NV 89117
This property presents a High-Potential Investment Opportunity with a List Price of $225,000—positioned well below the $236,055 Fair Market Value by 4%. This valuation gap offers $11,055 in Instant Equity for buyers. Featuring a 1-car garage and community pool access, the unit requires minor cosmetic updates, reflected in its Fair Condition Rating. Its Summerlin location and spacious 1,361 sqft floor plan provide strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3327 Erva Street 213 Subject | $224,999* List Price | 2 | 2 | 1,361 | $176 | - |
A 3320 FORT APACHE Road 222 Sold | $169,900 List Price | 2 | 2 | 1,149 | 0.2 mi | |
B 3320 S Fort Apache Road 239 Sold | $235,150 | 2 | 2 | 1,149 | $205 | 0.2 mi |
C 3327 Erva Street 105 Active | $249,000 List Price | 2 | 2 | 1,220 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 28 years old, placing it in the >20y category. The listing description explicitly mentions the need for 'a few small upgrades,' which aligns with the criteria for a dated property requiring minor repairs.
Situated in the highly desirable Summerlin area within a secure gated community, offering residents proximity to top-tier shopping, dining, and entertainment.
Unlike many condominiums, this unit includes a private 1-car garage, providing secure parking and additional storage space that adds significant market value.
With 1,361 square feet of living space, this 2-bedroom unit offers a generous floor plan that is larger than many competing condos in the same price bracket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1405, other record lot size in square feet = 2630.
The property is noted to need several small upgrades, indicating that the buyer will likely need to invest additional capital immediately to modernize the interior.
The unit's close proximity to the community pool may result in increased noise levels and reduced privacy during peak summer months and weekends.
Home needs a few small upgrades, gated with pool, summerlin area , 1 car garage, balcony and unit is located close to pool.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,361 | - |
| Lot Size | 1,405 | - |
| Price | $225.0K | $217.2K |
| Price per sq ft | $165 | $219 |
| Built year | 1998 | 0 |
| HOA | $260 | $0 |
| Days on market | 47 | 828 |
Jul 21, 2026
$224,999
$225,000
+0% Price Increase
Initial Listing
Jun 5, 2026
$225,000
Initial Listing