
Las Vegas, NV 89103
This High-Potential Investment Opportunity is a 1-bedroom, 1-bath condominium listed at $225,000, positioned well below the $227,783 Fair Market Value by 1.2%. Featuring a Condition Rating of 3, this turnkey asset includes Granite Countertops and Resort-Style Amenities like a pool and spa. Its short-term rental eligibility and proximity to the Las Vegas Strip ensure strong demand. This property is an ideal acquisition for Buy-and-Hold Investors or second-home buyers seeking a low-maintenance, income-generating asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 South Valley View Boulevard 3091 Subject 1 bd · 1 ba · 496 sqft · $459 | $225,000* List Price | 1 | 1 | 496 | $459 | - |
A 4200 S Valley View Boulevard 1088 Active 1 bd · 1 ba · 516 sqft · $465 · 0.0 mi | $239,900 List Price | 1 | 1 | 516 | $465 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, this property is well-maintained and move-in ready. It features key updates including granite countertops in the kitchen and bath, laminate flooring, and upgraded appliances. While the cabinetry and some appliances are not brand new, the overall condition is functional and turnkey for a short-term rental.
The property is short-term rental eligible and comes fully furnished, offering a turnkey solution for investors, vacation rental operators, or 1031 exchange buyers.
Situated just minutes from the Las Vegas Strip and directly across from the Rio and Palms resorts, the unit provides exceptional access to world-class dining, gaming, and entertainment.
The guard-gated community offers 24-hour security and resort-style amenities, with an HOA fee that conveniently includes cable, internet, water, sewer, and trash services.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4840, other record lot size in square feet = 4935.
At only 496 square feet, the compact size of this one-bedroom unit may limit its appeal for long-term owner-occupants or those requiring more storage and living area.
Constructed in 1990, the property may require more frequent maintenance or future capital improvements compared to newer luxury condominium developments in the Las Vegas market.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 496 | 1,048.989 |
| Lot Size | 4,840 | 5,669.706 |
| Price | $225.0K | $221.6K |
| Price per sq ft | $454 | $210 |
| Built year | 1990 | 1996 |
| HOA | $210 | $254 |
| Days on market | 43 | 70 |
Sep 11, 2026
$225,000
Initial Listing