3537 Rio Robles Drive A, North Las Vegas, NV 89030, North Las Vegas, 89030 - 2 bed, 2 bath
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North Las Vegas, NV 89030
This functional Two-Story Townhouse is a Strong Value Opportunity, listed at $175,000—positioned well below the $190,951 Fair Market Value by 8%. This valuation gap provides $15,951 in Instant Equity for the incoming owner. Featuring a Condition Rating of 4, the home offers a move-in ready interior with wood-look laminate flooring and a notably low $135 HOA fee. Located within walking distance of Gwendolyn Woolley Elementary, this asset balances immediate affordability with consistent rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3537 Rio Robles Drive A Subject | $175,000* List Price | 2 | 2 | 896 | $213 | - |
A 3417 Civic Center Drive B Active | $165,000 List Price | 2 | 2 | 936 | $176 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property is well-maintained but shows its age. While it features some modern updates like wood-look laminate flooring and a newer stainless steel refrigerator, the kitchen cabinetry and overall aesthetic remain dated. The property appears functional and move-in ready for an investor or budget-conscious buyer, but it lacks the comprehensive renovation required for a higher rating.
Priced competitively at $175,000, this property serves as an excellent entry-level opportunity for investors seeking a rental asset or first-time buyers looking for affordability in North Las Vegas.
The monthly HOA fee of $135 is notably low for a townhouse community, which helps keep monthly carrying costs down and improves the overall cash flow for an investor.
The traditional two-story design effectively separates the living and kitchen areas from the private sleeping quarters upstairs, providing a clear sense of space despite the compact footprint.
With only 896 square feet of living space, the property may feel restrictive for families or those requiring additional room for a home office or storage.
Built in 1982, the property likely requires modernization of its interior finishes and major systems to meet the expectations of contemporary buyers and maximize market value.
TOWN HOME - KITCHEN & LIVINGROOM DOWNSTAIRS - 2 BEDROOM & 1 BATH UPSTAIRS. GREAT INVESTMENT PROPERTY. CALL LISTING AGENT FOR APPOINTMENT. EASY TO SHOW OWNER IS AT HOME MOST OF THE TIME BUT LOCKBOX COMING SOON.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 896 | 1,138 | 25% |
| Lot Size | 436 | 871 | 13% |
| Price | $175.0K | $110.4K | 75% |
| Price per sq ft | $195 | $99 | 75% |
| Built year | 1982 | 1981 | 63% |
| HOA | $135 | $105 | 88% |
| Days on market | 9 | 2358 | 13% |
Apr 13, 2026
$175,000
Initial Listing
Jun 20, 2016
$518
Public Record