3378 Milenko Drive, Las Vegas, NV 89121, Las Vegas, 89121 - 3 bed, 3 bath
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3378 Milenko Drive
Las Vegas, NV 89121
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
3Baths
1,781Sq Ft
11,408Lot Size
Property Price
LIST PRICE$230,000
EST. MARKET VALUE
$252,589
8% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a 3-bedroom Townhouse listed at $250,000, positioned well below the $266,808 Fair Market Value by 6%. This valuation gap provides $16,808 in Instant Equity. Featuring a 1,781 sqft open floor plan, enclosed patio, and private balcony, the home maintains a Condition Rating of 4, suggesting a need for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a spacious, value-add asset in Las Vegas.
Estimated Market Value
$252,589+$22,589 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3378 Milenko Drive Subject 3 bd · 3 ba · 1,781 sqft · $142 | $230,000* List Price | 3 | 3 | 1,781 | $142 | - |
A 4563 Kenmare Way Sold 3 bd · 3 ba · 1,656 sqft · $136 · 0.3 mi | $225,000 | 3 | 3 | 1,656 | $136 | 0.3 mi |
B 3249 Liahona Way Sold 3 bd · 3 ba · 1,656 sqft · $166 · 0.5 mi | $275,000 | 3 | 3 | 1,656 | $166 | 0.5 mi |
C 3058 Conquista Ct Sold 3 bd · 2 ba · 1,700 sqft · $129 · 0.9 mi | $220,000 | 3 | 2 | 1,700 | $129 | 0.9 mi |
D 3857 Territory Street Sold 2 bd · 2 ba · 1,650 sqft · $162 · 0.6 mi | $267,000 | 2 | 2 | 1,650 | $162 | 0.6 mi |
E 3363 Vema Drive Active 3 bd · 3 ba · 1,781 sqft · $160 · 0.1 mi | $285,000 List Price | 3 | 3 | 1,781 | $160 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is functional but dated. The kitchen features older cabinetry with black trim and popcorn ceilings are present throughout. While there are partial updates like granite countertops and a stainless steel refrigerator, the overall interior style and bathroom fixtures appear to be from a renovation older than 15-20 years, indicating a need for cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Interior Design
The 1,781 sqft layout features vaulted ceilings and an open, airy floor plan that maximizes natural light, creating a sense of volume and comfort rarely found in townhomes.
- Exceptional Value
Priced at $250,000, this property offers a highly competitive price-per-square-foot, making it an attractive entry-level or investment opportunity in the Las Vegas market.
- Private Outdoor Amenities
The inclusion of both an enclosed patio and a private balcony off the primary suite provides versatile outdoor living spaces for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11408, other record lot size in square feet = 4422.
- Property Age
Built in 1980, the home may require modern cosmetic updates or maintenance to aging mechanical systems to meet contemporary buyer expectations.
- Recurring HOA Expenses
The $350 monthly association fee adds a notable fixed cost to the monthly carrying budget, which may impact overall affordability for some buyers.
About 3378 Milenko Drive
This 1,781 2 Story Townhome features 3 beds and 2.5 baths. Upon entry, see the natural light beam through this open airy floor plan. Then enjoy the cozy fireplace in the evening or sit outside on the enclosed patio under the stars. The kitchen includes appliances, and is adjacent to the dining area. The 2nd floor has vaulted ceilings and a balcony off of the bedroom. The primary bath has a tub and separate shower, while the bedroom features vaulted ceilings and lots of light.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1980
- Lot Size
- 11,408 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,781 | 1,432.321 |
| Lot Size | 11,408 | 2,308.901 |
| Price | $230.0K | $341.0K |
| Price per sq ft | $129 | $241 |
| Built year | 1980 | 1998 |
| HOA | $350 | $194 |
| Days on market | 36 | 70 |
Pricing History
Listed for Sale
Oct 14, 2026
$230,000
$250,000
-8% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$250,000
Initial Listing