4125 East Harmon Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 5 bed, 4 bath
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4125 East Harmon Avenue
Las Vegas, NV 89121
ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
1,778Sq Ft
7,841Lot Size
Property Price
LIST PRICE$565,000
EST. MARKET VALUE
$498,019
13% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $565,000—positioned above the $498,019 Fair Market Value. Despite the premium, the asset offers a unique 3-bedroom main residence plus two attached private studios, providing significant income-generating potential. With a Renovated Condition Rating, the home features a New Roof, New A/C, and a Climate-Controlled Outdoor Kitchen. While school ratings are modest, the property’s flexibility for multi-generational living or short-term rentals makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Estimated Market Value
$498,019
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 |
|---|---|---|---|---|---|---|
★ 4125 East Harmon Avenue Subject | $565,000* List Price | 5 | 4 | 1,778 | $280 | - |
A 3958 Oakhill Avenue Sold | $397,500 | 5 | 2 | 1,785 | $223 | 0.2 mi |
B 4161 Oxnard Circle Sold | $445,000 | 4 | 2 | 1,810 | $246 | 0.2 mi |
C 4383 Del Santos Drive Sold | $459,000 | 4 | 2 | 1,895 | $242 | 0.4 mi |
D 4161 OXNARD Circle Sold | $445,000 | 4 | 2 | 1,810 | $246 | 0.2 mi |
E 4161 Oxnard Circle Sold | $445,000 | 4 | 2 | 1,810 | $246 | 0.2 mi |
F 4076 Brighthill Avenue Sold | $425,000 | 4 | 2 | 1,696 | $251 | 0.2 mi |
G 4461 Bennett Drive Sold | $442,200 | 3 | 2 | 1,620 | $273 | 0.5 mi |
H 4461 Bennett Drive Sold | $442,200 | 3 | 2 | 1,620 | $273 | 0.5 mi |
I 4185 Vancouver Avenue Active | $520,000 List Price | 5 | 3 | 2,110 | $246 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1972, the property has undergone a comprehensive recent renovation. It features a new roof, new HVAC systems, and modern interior upgrades including large-format tile and wood-look flooring, recessed lighting, and updated fixtures. The inclusion of a new outdoor kitchen with A/C and private studios suggests a high-end, recent overhaul consistent with the 'Excellent' criteria for renovated properties.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1778.
- Exceptional Income Potential
The unique configuration of a 3-bedroom main residence plus two attached private studios offers significant flexibility for multi-generational living or high-yield short-term rental income.
- Recent Capital Improvements
Major high-ticket items have been addressed, including a brand-new roof, new A/C system, and a fully renovated interior, minimizing immediate post-purchase expenses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Underperforming School District
The assigned middle and high schools have low ratings (2/10 and 3/10), which may limit appeal for families prioritizing public education and impact future appreciation.
- High-Density Interior Layout
Fitting 5 bedrooms and 4 bathrooms into 1,778 square feet suggests a very dense floor plan with potentially small individual room sizes and limited common living area.
About 4125 East Harmon Avenue
INCREDIBLE INVESTMENT & MULTI-GENERATIONAL OPPORTUNITY IN THE HEART OF LAS VEGAS! Beautifully renovated property featuring a spacious 3-bedroom main residence PLUS TWO ATTACHED PRIVATE STUDIOS, offering exceptional flexibility and income potential of approximately $4800 per month in AIRBNB. The main home features generously sized bedrooms and upgrades throughout. Enjoy a private backyard with a covered outdoor kitchen featuring its own A/C—an amazing space for entertaining and gatherings. The studios have access to a dedicated laundry area for added convenience. Major improvements include a NEW ROOF and NEW A/C, plus RV PARKING! Centrally located near shopping, dining, schools, and major Las Vegas amenities. Perfect for a primary residence, multi-generational living, home-based business, or income-producing opportunity. LIVE, WORK & GENERATE INCOME ALL FROM ONE PROPERTY!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
William E Ferron Elementary School
Grades PK-5 • 0.8 mi
5/10
J M Ullom Elementary School
Grades PK-5 • 1.0 mi
3/10
C W Woodbury Middle School
Grades 6-8 • 0.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,778 | 1,961.945 |
| Lot Size | 7,841 | 6,098 |
| Price | $565.0K | $486.0K |
| Price per sq ft | $318 | $259 |
| Built year | 1972 | 2002 |
| HOA | $0 | $83 |
| Days on market | 15 | 62 |
Pricing History
Listed for Sale
Aug 25, 2026
$565,000
Initial Listing