
Las Vegas, NV 89110
This Single-Story Value-Add Townhouse is listed at $185,000, representing a stable acquisition price aligned with its $178,060 Fair Market Value. Currently maintaining a Condition Rating of 4, the interior reflects its original 1981 construction, featuring dated cabinetry and popcorn ceilings that offer a clear path for forced appreciation through cosmetic modernization. The property includes a private patio and access to premium community amenities, including a sparkling pool and clubhouse. This residence is an ideal strategic asset for Buy-and-Hold Investors or first-time buyers seeking to build immediate sweat equity in a convenient Las Vegas location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 North Lamb Boulevard H Subject | $175,000* List Price | 2 | 2 | 942 | $167 | - |
A 251 N LAMB BL Boulevard C Sold | $210,000 | 2 | 2 | 984 | $213 | 0.2 mi |
B 251 N LAMB Boulevard C Sold | $210,000 | 2 | 2 | 984 | $213 | 0.2 mi |
C 227 Lamb Boulevard B Sold | $202,000 | 2 | 2 | 978 | $207 | 0.3 mi |
D 211 N Lamb Boulevard A Sold | $196,000 | 2 | 2 | 978 | $200 | 0.2 mi |
E 215 N Lamb Boulevard C Sold | $200,000 | 2 | 2 | 978 | $204 | 0.2 mi |
F 401 N Lamb Boulevard D Active | $200,000 List Price | 2 | 2 | 942 | $212 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original 1981 condition and shows significant signs of wear and tear. The kitchen features dated wood cabinetry with visible damage to the side panels, laminate countertops, and older white appliances. Throughout the interior, there are heavily soiled carpets, popcorn ceilings, and outdated fluorescent light boxes. While the home appears functional, it has not undergone major renovations since construction and requires comprehensive cosmetic updates and repairs.
The single-story townhouse layout is highly desirable, offering ease of access and broad appeal to a diverse range of buyers, including downsizers and first-time homeowners.
Residents enjoy access to a variety of recreational facilities including a sparkling pool, basketball court, and clubhouse, all set within a well-maintained community with mature landscaping.
The property is ideally situated near essential services, including shopping centers, schools, and public transportation, providing excellent convenience for daily living.
Built in 1981, the property may require capital improvements or updates to major systems to meet modern energy efficiency and aesthetic standards.
The monthly association fee of $306 is relatively high compared to the $185,000 asking price, which may impact monthly affordability and investor cash flow.
Welcome home to this inviting 2-bedroom, 2-bath single-story townhouse, offering comfortable living in a well maintained community. Enjoy access to fantastic amenities including a sparkling pool, basketball court, and clubhouse, all surrounded by mature landscaping that creates a peaceful setting. Ideally located just minutes from shopping, public transportation, schools, and a variety of restaurants, this home combines everyday convenience with relaxed community living. A perfect opportunity for first-time buyers and downsizers
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 942 | - |
| Lot Size | 871 | - |
| Price | $175.0K | $324.2K |
| Price per sq ft | $186 | $237 |
| Built year | 1981 | 0 |
| HOA | $306 | $0 |
| Days on market | 174 | 276 |
Jun 1, 2026
$175,000
$185,000
-5% Price Drop
Initial Listing
Jan 29, 2026
$185,000
Initial Listing
Jul 24, 1996
$47,500
Public Record