3934 Torsby Place, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
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Las Vegas, NV 89119
This Income-Generating Residential Asset is listed at $179,888, reflecting a stable valuation relative to its $162,684 Fair Market Value. Maintaining a Condition Rating of 4, the property features a functional layout with a Private Patio and access to community amenities including a pool and clubhouse. Its strategic location near the Las Vegas Strip and UNLV drives high tenant demand, currently secured by a Guaranteed Section 8 Tenant on a month-to-month basis. This asset is a strategic acquisition for Buy-and-Hold Investors or Property Investors seeking immediate, stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3934 Torsby Place Subject | $179,888* List Price | 2 | 1 | 772 | $211 | - |
A 3956 Palos Verdes Street Sold | $185,000 List Price | 1 | 2 | 1,078 | 0.1 mi | |
B 3936 Voxna Street Active | $165,000 List Price | 2 | 1 | 772 | $214 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is functional and currently tenant-occupied but shows significant signs of age. The kitchen features dated white cabinetry with scalloped trim, older white appliances, and laminate countertops. Visible popcorn ceilings and exterior security bars indicate the home has not undergone a comprehensive modern renovation in recent decades, though it appears maintained for rental purposes.
The property comes with a Section 8 tenant already in place on a month-to-month basis, providing immediate and guaranteed rental income for investors.
Ideally situated near the Las Vegas Strip and UNLV, this location offers high convenience and strong rental demand due to its proximity to major employment and education hubs.
The subdivision offers a robust amenity package including a community pool, clubhouse, and green park, along with two dedicated parking spaces and a private patio.
The monthly HOA fee of $398 is relatively high for a 772-square-foot unit, which may reduce the net cash flow for investors or increase monthly carrying costs for homeowners.
The assigned public schools have low ratings (ranging from 2 to 3), which may deter families with children and impact the property's long-term resale value.
A cozy warm townhouse perfect for you and your love. Two bedrooms, one full bath, private patio area, 2 parking spaces. Everything you need in our community, community pool. community clubhouse, green park, and more! Near Las Vegas Blvd and UNLV, convenient location, easy to go everywhere. Friendly tenants occupy on a month-to-month basis. Guaranteed and stable rent with section 8 tenant in place, good for home buyer or property investor.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 772 | 1,405 | 6% |
| Lot Size | 1,742 | 1,742 | 50% |
| Price | $179.9K | $197.4K | 50% |
| Price per sq ft | $233 | $158 | 81% |
| Built year | 1973 | 1980 | 38% |
| HOA | $398 | $210 | 81% |
| Days on market | 60 | 607 | 6% |
Feb 21, 2026
$179,888
Initial Listing
Mar 18, 2003
$3,940
Public Record