3823 South Maryland Parkway N9, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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3823 South Maryland Parkway N9
Las Vegas, NV 89119
ACTIVE
CONDITION: FAIR
2Beds
2Baths
892Sq Ft
0Lot Size
Property Price
LIST PRICE$179,000
EST. MARKET VALUE
$173,582
3% AboveMARKET VALUE
SUMMARY
This 2-bedroom condo represents a High-Potential Investment Opportunity, listed at $179,000—positioned slightly above the $173,583 Fair Market Value. While the property requires cosmetic updates to address its Condition Rating of 4, it offers a stable, tenant-occupied Buy-and-Hold Asset with immediate cash-flow potential. Located near UNLV and the airport, the unit features a gated community with a pool and spa. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located property with long-term appreciation potential.
Estimated Market Value
$173,582
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 |
|---|---|---|---|---|---|---|
★ 3823 South Maryland Parkway N9 Subject | $179,000* List Price | 2 | 2 | 892 | $195 | - |
A 1455 E Katie Avenue C11 Sold | $128,500 | 1 | 1 | 724 | $177 | 0.3 mi |
B 1455 E Katie Avenue S24 Sold | $127,500 | 1 | 1 | 724 | $176 | 0.3 mi |
C 1675 Jupiter Court C Sold | $154,900 List Price | 2 | 2 | 980 | 1.0 mi | |
D 1455 E Katie Avenue S24 Sold | $127,500 | 1 | 1 | 724 | $176 | 0.3 mi |
E 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 1.0 mi |
F 3823 S Maryland Parkway P1 Active | $180,000 List Price | 2 | 2 | 892 | $202 | 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.
Built in 1984 (40 years old), the property is dated but functional. The kitchen features older oak cabinetry and dated electric coil appliances, though it has received a mid-range backsplash update. While the unit is move-in ready and currently tenanted, the presence of popcorn ceilings and original-style fixtures indicates a need for cosmetic modernization to the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near UNLV, Harry Reid International Airport, and the Las Vegas Strip, ensuring high rental demand and excellent accessibility for residents.
- Turnkey Investment Potential
With a reliable tenant already in place and a functional two-bedroom layout, this condo offers an immediate cash-flow opportunity for investors looking for a hassle-free acquisition.
- Community Amenities & Security
Located within the gated French Oaks community, the property provides enhanced security along with desirable amenities including a pool, spa, and assigned covered parking.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this location have low performance ratings (ranging from 2 to 3), which may limit the property's appeal to families with school-aged children.
- Aging Infrastructure
Built in 1984, the property may require more frequent maintenance or future capital improvements to systems and finishes compared to newer residential developments in the area.
About 3823 South Maryland Parkway N9
Nice 2-bedroom, 2-bath upstairs condo located in the gated French Oaks community. This functional floor plan offers a spacious living area, and private balcony. Conveniently located near UNLV, Harry Reid International Airport, the Las Vegas Strip, shopping, dining, and major freeways. Community amenities include a pool, spa, and assigned covered parking. A great opportunity for investors looking for an investment with a good tenant in place.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $255 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruby S Thomas Elementary School
Grades PK-5 • 0.7 mi
2/10
William E Orr Middle School
Grades 6-8 • 0.6 mi
3/10
Valley High School
Grades 9-12 • 1.7 mi
2/10
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 | 892 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $179.0K | $225.8K |
| Price per sq ft | $201 | $213 |
| Built year | 1984 | 1996 |
| HOA | $255 | $254 |
| Days on market | 44 | 71 |
Pricing History
Listed for Sale
Jul 27, 2026
$179,000
Initial Listing