
Las Vegas, NV 89103
This Turnkey Short-Term Rental Asset presents a Prime Investment Opportunity with a List Price of $249,000—positioned well below the $260,169 Fair Market Value by 4%. This valuation gap offers $11,169 in Instant Equity for buyers. Boasting a Condition Rating of 3, the unit is fully furnished with granite countertops and upgraded appliances. Located in a guard-gated community near the Las Vegas Strip, it features resort amenities and rare short-term rental eligibility. This high-utilization acquisition is ideal for Short-Term Rental Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 S Valley View Boulevard 3091 Subject | $249,000* List Price | 1 | 1 | 496 | $525 | - |
A 4200 S Valley View Boulevard 2112 Sold | $250,000 | 1 | 1 | 680 | $368 | 0.0 mi |
B 4200 VALLEY VIEW Boulevard 1109 Sold | $250,000 | 1 | 1 | 680 | $368 | 0.0 mi |
C 4200 S Valley View Boulevard 1088 Active | $249,900 List Price | 1 | 1 | 516 | $484 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition, which is ideal for its intended use as a short-term rental. Although built in 1990, the interior has been updated with granite countertops in both the kitchen and bathroom, laminate and tile flooring, and upgraded appliances. While some appliances like the electric coil stove are slightly dated in style, the overall maintenance is excellent with no visible signs of deferred maintenance, and the unit features modern furniture and fixtures.
This property is short-term rental eligible and comes fully furnished, offering a turnkey opportunity for investors to capitalize on the high-demand Las Vegas vacation rental market.
Situated directly across from the Rio and Palms resorts and just minutes from the Las Vegas Strip, the property provides exceptional access to world-class dining, gaming, and entertainment.
The HOA fee covers essential utilities including cable, internet, water, sewer, and trash, paired with 24-hour guard-gated security and resort-style amenities for low-maintenance ownership.
At just 496 square feet, the unit's small footprint may limit its appeal for long-term owner-occupants or tenants seeking more spacious accommodations.
Constructed in 1990, the property and its infrastructure may require more frequent maintenance or future capital improvements compared to newer luxury condominium developments.
Turnkey investment opportunity just minutes from the Las Vegas Strip. This fully furnished 1-bedroom, 1-bath condo is short-term rental eligible and ideal for investor, for vacation rental, second home, owner occupy, long term leases or a 1031 exchange buyer. Located across from the Rio and Palms resorts. The open layout features high ceilings, tile and laminate flooring, granite countertops, upgraded appliances, and a stackable washer and dryer. The spacious bathroom includes granite counters and a soaking tub/shower combo. Enjoy a private balcony plus resort-style amenities in a guard-gated community with 24-hour security, multiple pools, spa, clubhouse, and fitness center. HOA includes cable, internet, water, sewer, and trash—making this a rare, low-maintenance investment property in a prime Las Vegas location near world-class dining, gaming, and entertainment.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 496 | 880.5 | 2% |
| Lot Size | 4,840 | 1 | 78% |
| Price | $249.0K | $158.5K | 88% |
| Price per sq ft | $502 | $195 | 99% |
| Built year | 1990 | 1983 | 75% |
| HOA | $210 | $188 | 62% |
| Days on market | 42 | 1176 | 1% |
Mar 11, 2026
$249,000
Initial Listing