3561 Arville Street 801C, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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3561 Arville Street 801C
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
2Beds
2Baths
968Sq Ft
3,065Lot Size
Property Price
LIST PRICE$169,000
EST. MARKET VALUE
$173,687
SUMMARY
This condominium presents a Strong Value Opportunity with a List Price of $169,000—positioned well below the $181,247 Fair Market Value by 6%. This valuation gap offers $12,247 in Instant Equity. Featuring a Condition Rating of 4, the unit includes a Community Pool and Spa and is located within walking distance to Chinatown and the Las Vegas Strip. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-demand, centrally located asset.
Estimated Market Value
$173,687
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 |
|---|---|---|---|---|---|---|
★ 3561 Arville Street 801C Subject | $169,000* List Price | 2 | 2 | 968 | $179 | - |
A 4013 Nook Way A Sold | $210,000 | 2 | 2 | 1,131 | $186 | 0.9 mi |
B 3555 Arville Street 105C Active | $195,000 List Price | 2 | 2 | 968 | $201 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1985 (39 years old), placing it in the dated category. While the interior shows updated grey laminate flooring, the presence of popcorn ceilings and the age of the structure suggest that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely dated or mid-life and will require minor repairs or cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated within walking distance to Chinatown and Spring Mountain restaurants, and just five minutes from the Las Vegas Strip, offering high desirability for residents and renters.
- Turn-key Inclusions
This unit comes fully equipped with a refrigerator, washer, and dryer, reducing immediate move-in costs and providing excellent value for first-time buyers or investors.
- Educational Accessibility
Located less than a mile from both James Cashman Middle School and Ed W Clark High School, the property offers convenient walking access for families with school-aged children.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3065, other record lot size in square feet = 1640.
- High HOA Fees
The monthly association fee of $375 is relatively high compared to the listing price, which may impact the overall affordability and monthly cash flow for investors.
- Property Age
Built in 1985, the condominium may require updates to its original systems or interior finishes to meet modern aesthetic standards and ensure long-term efficiency.
About 3561 Arville Street 801C
NICE 2 BEDROOMS AND 2 BATHS WITH REFRIGERATOR, WASHER AND DRYER INCLUDED. WALKING DISTANCE TO CHINATOWN. COMMUNITY SWIMMING POOL AND SPA. NEAR RESTAURANTS ON SPRING MOUNTAIN WALKING DISTANCE AND 5 MINUTES TO STRIP.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 3,065 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375 / Month
Neighborhood Insights
Las Vegas Unified Schools
C H Decker Elementary School
Grades PK-5 • 2.1 mi
4/10
James Cashman Middle School
Grades 6-8 • 0.4 mi
4/10
Ed W Clark High School
Grades 9-12 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 968 | 1,059.468 |
| Lot Size | 3,065 | 6,055.359 |
| Price | $169.0K | $225.8K |
| Price per sq ft | $175 | $213 |
| Built year | 1985 | 1996 |
| HOA | $375 | $254 |
| Days on market | 38 | 71 |
Pricing History
Listed for Sale
Aug 2, 2026
$169,000
Initial Listing
Sold
Oct 20, 1995
$59,000
Public Record