4195 Mississippi Avenue, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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4195 Mississippi Avenue
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,215Sq Ft
436Lot Size
Property Price
LIST PRICE$240,000
EST. MARKET VALUE
$239,668
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $240,000—positioned well below the $239,669 Fair Market Value by a negligible margin, reflecting a stable, fair-market price. Featuring a Fair Condition Rating with recent upgrades like new carpet and blinds, the home includes a convenient appliance package. Residents enjoy a partial skyline view from the patio and proximity to top-rated local schools. With low HOA fees of $195, this property offers a balanced lifestyle for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset.
Estimated Market Value
$239,668
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 |
|---|---|---|---|---|---|---|
★ 4195 Mississippi Avenue Subject | $240,000* List Price | 2 | 2 | 1,215 | $197 | - |
A 4450 VIA SAN RAFAEL Sold | $169,000 List Price | 2 | 2 | 989 | 0.4 mi | |
B 4140 Mississippi Avenue Active | $259,990 List Price | 2 | 2 | 1,218 | $213 | 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 1981, this property is 43 years old. While it features recent cosmetic improvements such as new carpet, new blinds, and refreshed bathroom vanities with modern hardware, the overall bones and certain elements like the tub tiling remain dated. It is functional and move-in ready, but the age and partial nature of the renovations align it with the Fair category rather than Poor, as no major structural or safety defects are apparent.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Updates
The home features brand new carpet flooring and new blinds throughout, providing a refreshed interior that reduces immediate move-in costs for a buyer.
- Turnkey Appliance Package
The inclusion of the refrigerator, washer, and dryer adds significant value and convenience, making the property move-in ready from day one.
- Low Association Fees
With an HOA fee of only $195 per month, this property offers a more affordable monthly carrying cost compared to many other townhouse communities in the Las Vegas area.
CONSRISKS & DEFICIENCIES
- Limited Full Bathrooms
The layout includes only one full bathroom for two bedrooms, which may be a drawback for buyers seeking more privacy or convenience for guests.
- Property Age
Built in 1981, the property may require more frequent maintenance or updates to major systems compared to newer residential developments in the 89103 zip code.
About 4195 Mississippi Avenue
Two stories of living space define this townhouse, offering a layout with two bedrooms, one full bathroom, and one half bathroom on Mississippi Ave in Las Vegas. Inside, the home features a kitchen equipped with a microwave. Ceiling fans and new blinds are installed, new Carpet flooring. This residential property spans 1215.0 square feet of living. Washer and Dryer is included along with the fridge.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1981
- Lot Size
- 436 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
P A Diskin Elementary School
Grades PK-5 • 3.0 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 3.2 mi
4/10
Ed W Clark High School
Grades 9-12 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,215 | 1,414.01 |
| Lot Size | 436 | 2,178 |
| Price | $240.0K | $333.8K |
| Price per sq ft | $198 | $236 |
| Built year | 1981 | 1997 |
| HOA | $195 | $202 |
| Days on market | 16 | 70 |
Pricing History
Listed for Sale
Aug 24, 2026
$240,000
Initial Listing