3579 Arville Street 503B, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $138,000—positioned well below the $137,812 Fair Market Value by -0.13%. While the property is priced at market, its central location near Chinatown and the Las Vegas Strip ensures consistent rental demand. Featuring a Condition Rating of 4, the unit requires cosmetic updates to modernize the interior. This Buy-and-Hold Asset offers a functional two-story layout, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3579 Arville Street 503B Subject | $138,000* List Price | 2 | 2 | 968 | $142 | - |
A 3585 Arville Street 401A Active | $150,000 List Price | 2 | 2 | 988 | $152 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is over 20 years old and shows significant dating. The kitchen features older, dark-painted cabinets and dated appliances, while popcorn ceilings are present throughout. While functional and move-in ready, it requires cosmetic updates and minor repairs to meet modern standards.
Situated just 5 minutes from Chinatown and 10 minutes from the Las Vegas Strip, this property offers exceptional convenience and high appeal for both residents and commuters.
The two-story design effectively separates the living and social spaces downstairs from the bedrooms and laundry upstairs, providing a functional floor plan rarely found in smaller condos.
With a competitive entry-level price point of $138,000 and a location near major employment hubs, this unit presents a lucrative opportunity for investors seeking consistent rental demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =968, other record lot size in square feet = 1640.
The association fee of $375 per month is relatively high in proportion to the listing price, which may impact the monthly cash flow for investors or overall affordability for budget-conscious buyers.
Built in 1985, the property may require near-term capital improvements or interior modernizations to remain competitive with newer residential developments in the surrounding area.
This two-story Upstair Unit condo offers a functional floor plan with the living room and a half bath conveniently located downstairs, while both bedrooms, a full bathroom, and the laundry area are upstairs for added privacy. Ideally located in the heart of Las Vegas with excellent convenience—just 5 minutes to Chinatown and 10 minutes to the Las Vegas Strip. Close to grocery stores, restaurants, convenience stores, banks, schools, and more. Great investment opportunity with strong rental potential in a highly desirable central location!
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 968 | - |
| Lot Size | 968 | - |
| Price | $138.0K | $217.2K |
| Price per sq ft | $143 | $219 |
| Built year | 1985 | 0 |
| HOA | $375 | $0 |
| Days on market | 11 | 828 |
Jul 11, 2026
$138,000
Initial Listing