3968 Danny Melamed Avenue 201, Las Vegas, NV 89110, Las Vegas, 89110 - 2 bed, 2 bath
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3968 Danny Melamed Avenue 201
Las Vegas, NV 89110
ACTIVE
CONDITION: FAIR
2Beds
2Baths
895Sq Ft
2,243Lot Size
Property Price
LIST PRICE$170,000
EST. MARKET VALUE
$153,279
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $170,000—positioned well below the $153,280 Fair Market Value by -10%. While the property requires cosmetic updates to its original oak cabinetry to improve its Condition Rating of 4, the gated community amenities and efficient 2-bedroom layout provide a stable foundation for rental demand. Despite lower-rated local schools, the entry-level price point makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable path to homeownership.
Estimated Market Value
$153,279
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 |
|---|---|---|---|---|---|---|
★ 3968 Danny Melamed Avenue 201 Subject | $170,000* List Price | 2 | 2 | 895 | $171 | - |
A 1533 Linnbaker Lane 204 Sold | $174,900 | 2 | 2 | 1,081 | $162 | 0.3 mi |
B 3956 Danny Melamed Avenue 202 Active | $145,000 List Price | 2 | 2 | 895 | $162 | 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 1999 (25 years old), the property is dated with original oak cabinetry in the kitchen and bathrooms. While it features updated vinyl plank flooring and a stone vanity top, the overall aesthetic and original fixtures require modern updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Listed at $170,000, this property offers an exceptionally affordable entry point into the Las Vegas market, making it an ideal opportunity for first-time buyers or budget-conscious investors.
- Gated Community Amenities
Located within the Vegas Star Condo gated community, residents benefit from enhanced security and access to a community pool, adding significant lifestyle value.
- Efficient 2-Bedroom Layout
The 2-bedroom, 2-bathroom configuration provides a functional and private living arrangement that is highly sought after for small families or roommate situations.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned high school has a rating of 1, which may be a deterrent for families prioritizing educational quality and could impact future resale demand.
- Second-Floor Accessibility
As an upstairs unit, the property lacks ground-level access, which may limit its appeal to buyers with mobility concerns or those who prefer easier entry.
About 3968 Danny Melamed Avenue 201
2 Bedroom 2 Bathroom upstairs unit in gated community with community pool.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 2,243 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $195 / Month
Neighborhood Insights
Las Vegas Unified Schools
Manuel J Cortez Elementary School
Grades PK-5 • 0.5 mi
5/10
Ruben P Diaz Elementary School
Grades PK-5 • 0.7 mi
6/10
Mario C & Joanne Monaco Middle School
Grades 6-8 • 1.4 mi
3/10
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 | 895 | 1,059.468 |
| Lot Size | 2,243 | 6,055.359 |
| Price | $170.0K | $225.8K |
| Price per sq ft | $190 | $213 |
| Built year | 1999 | 1996 |
| HOA | $195 | $254 |
| Days on market | 3 | 71 |
Pricing History
Listed for Sale
Sep 6, 2026
$170,000
Initial Listing