
Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $150,000—positioned well below the $155,036 Fair Market Value by 3%. This valuation gap offers $5,036 in Instant Equity for buyers. With a Condition Rating of 5, the unit requires a full interior rehab, providing a clear path for forced appreciation. Its proximity to the Las Vegas Strip and Chinatown ensures high rental demand, making this an ideal Value-Add Asset for Buy-and-Hold Investors or first-time buyers seeking an entry-level project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3585 Arville Street 401A Subject | $150,000* List Price | 2 | 2 | 988 | $157 | - |
A 4241 GANNET 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.2 mi |
B 4241 Gannet Circle 202 Sold | $170,000 | 2 | 1 | 877 | $194 | 0.2 mi |
C 3579 Arville Street 503B Active | $150,000 List Price | 2 | 2 | 968 | $155 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (41 years old) with no mention of renovations in the description. Visual evidence shows dated tile flooring and a lack of modern finishes, suggesting the unit likely requires a full rehab of the kitchen and bathrooms to meet current market standards.
Situated minutes from the Las Vegas Strip and Chinatown, the property offers unparalleled access to world-class dining, shopping, and entertainment hubs.
The inclusion of a flexible den alongside two bedrooms provides essential extra space for a home office or guest room, maximizing the utility of the square footage.
Priced competitively at $150,000 with a reasonable association fee, this unit represents an accessible entry point for first-time buyers or investors seeking high rental demand.
Built in 1985, the property may require updates to major systems or interior finishes to meet modern aesthetic and efficiency standards.
The assigned elementary, middle, and high schools all carry a rating of 4, which may be a drawback for families prioritizing top-tier educational performance.
Spacious 2-bedroom, 2-bath condo with a flexible den, ideal or a home office or guest room. Conveniently located minutes from the Las Vegas Strip and Chinatown, offering easy access to premier dining, shopping, and entertainment.
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 | 988 | - |
| Lot Size | - | - |
| Price | $150.0K | $217.2K |
| Price per sq ft | $152 | $219 |
| Built year | 1985 | 0 |
| HOA | $250 | $0 |
| Days on market | 43 | 828 |
Jun 9, 2026
$150,000
Initial Listing