3954 Visby Lane, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
Loading property details...
3954 Visby Lane
Las Vegas, NV 89119
ACTIVE
CONDITION: POOR
2Beds
1Baths
628Sq Ft
1,307Lot Size
Property Price
LIST PRICE$119,900
EST. MARKET VALUE
$125,645
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $119,900—positioned well below the $125,645 Fair Market Value by 4%. This valuation gap offers $5,745 in Instant Equity. Featuring a Condition Rating of 5, the unit requires a full interior rehab to modernize its 1972 systems. Its prime location near the Las Vegas Strip and UNLV ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$125,645+$5,745 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3954 Visby Lane Subject | $119,900* List Price | 2 | 1 | 628 | $200 | - |
A 3929 Visby Lane Active | $125,000 List Price | 1 | 1 | 528 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1972 (54 years old) with no mentioned renovations to key areas. Given the age and 'Best Price' marketing, the kitchen, bathroom, and major systems (HVAC/Electric) are likely original or significantly dated, requiring a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated minutes from the Las Vegas Strip, UNLV, and Paradise Restaurant Row, this property offers exceptional access to world-class entertainment, dining, and employment hubs.
- Competitive Pricing
Positioned as one of the most affordable options in the area, this townhouse represents a strong entry-level opportunity for first-time buyers or investors seeking a high-demand rental location.
- Desirable Unit Configuration
As a single-story end unit, the property provides enhanced privacy and includes rare features for its size, such as a gated back patio, two dedicated parking spaces, and in-unit laundry.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Living Space
With only 628 square feet allocated for a two-bedroom layout, the interior living areas and bedrooms are significantly compact, which may limit appeal for long-term residents.
- High Monthly Carrying Costs
The $355 monthly association fee is relatively high in proportion to the listing price, which could impact the overall return on investment and monthly affordability for budget-conscious buyers.
About 3954 Visby Lane
Best Price on this cozy end unit, single story townhouse just off the Famous Las Vegas Strip, Paradise Restaurant Row and UNLV. Enjoy the convenience of being minutes from entertainment, dining, shopping, and nightlife while still having a peaceful place to call home. Features include two parking spaces in front of a gated back patio area, Full kitchen and living room, primary bedroom with 2 closets, full bathroom and in unit laundry, 2nd room can be bedroom or den. This neighborhood is close to all the action.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $355 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruby S Thomas Elementary School
Grades PK-5 • 1.2 mi
2/10
William E Orr Middle School
Grades 6-8 • 1.1 mi
3/10
Valley High School
Grades 9-12 • 2.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 628 | 1,414.01 |
| Lot Size | 1,307 | 2,178 |
| Price | $119.9K | $333.8K |
| Price per sq ft | $191 | $236 |
| Built year | 1972 | 1997 |
| HOA | $355 | $202 |
| Days on market | 4 | 70 |
Pricing History
Listed for Sale
Sep 5, 2026
$119,900
Initial Listing