3579 Arville Street 503B, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Central Las Vegas Condominium serves as a strategic asset in a high-growth rental corridor, offered at a List Price of $129,900. While priced above the $113,796 Fair Market Value, the property’s location—just minutes from Chinatown and the Strip—drives significant tenant demand and market stability. The unit features a functional two-story layout, a private deck, and a Condition Rating of 4, offering a move-in ready interior with modernization upside. Proximity to James Cashman Middle and Ed W Clark High adds long-term desirability. This is an ideal opportunity 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 |
|---|---|---|---|---|---|---|
★ 3579 Arville Street 503B Subject | $150,000* List Price | 2 | 2 | 968 | $184 | - |
A 4241 Gannet Circle 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.2 mi |
B 4241 GANNET 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.2 mi |
C 4350 SANDERLING Circle 71 Sold | $167,999 List Price | 2 | 2 | 1,008 | 0.1 mi | |
D 4331 Sanderling Circle 46 Sold | $173,000 | 2 | 1 | 877 | $197 | 0.2 mi |
E 3976 Colors Court 39 Active | $154,000 List Price | 2 | 2 | 828 | $186 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old and falls into the >20y category for dated units. The kitchen and bathrooms feature original or older configurations with DIY-style painted cabinetry and laminate countertops. While functional and move-in ready for a rental, the presence of popcorn ceilings and aged systems suggests a need for modernization and minor repairs.
Situated just 5 minutes from Chinatown and 10 minutes from the Las Vegas Strip, this property offers exceptional access to world-class dining, entertainment, and major employment hubs.
The floor plan provides excellent privacy by separating the main living areas and half-bath on the lower level from the bedrooms and laundry facilities on the upper floor.
With a competitive entry-level price point under $130,000 and a location in a high-demand rental market, this unit presents a strong opportunity for investors seeking consistent cash flow.
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 monthly HOA fee of $375 is relatively high compared to the listing price, which may impact the overall affordability for first-time buyers or the net yield for investors.
Built in 1985, the property may require modernization of interior finishes or mechanical systems to remain competitive with newer developments and maximize rental value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 968 | 884 | 56% |
| Lot Size | 968 | - | 54% |
| Price | $150.0K | $155.0K | 49% |
| Price per sq ft | $155 | $192 | 42% |
| Built year | 1985 | 1982 | 61% |
| HOA | $375 | $190 | 97% |
| Days on market | 50 | 1396 | 1% |
May 14, 2026
$150,000
$129,900
+15% Price Increase
Initial Listing
Apr 25, 2026
$129,900
Initial Listing