4207 Fulton Place, Las Vegas, NV 89107, Las Vegas, 89107 - 2 bed, 2 bath
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Las Vegas, NV 89107
This Turnkey Income Property is a Strong Value Opportunity, listed at $325,000—positioned well below the $357,306 Fair Market Value by 9%. This valuation gap offers $32,306 in Instant Equity. While maintaining a Condition Rating of 4, the home features a large den with a private entrance, RV parking, and a long-term tenant, ensuring immediate cash flow. Located near the highly-rated Hyde Park Middle School, this historical neighborhood asset provides significant upside through modernization. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4207 Fulton Place Subject | $325,000* List Price | 2 | 2 | 1,619 | $221 | - |
A 4421 Nolan Lane Sold | $360,000 | 3 | 2 | 1,581 | $228 | 0.3 mi |
B 312 Estella Avenue Sold | $369,000 | 3 | 2 | 1,450 | $254 | 0.8 mi |
C 5310 EVERGREEN Avenue Sold | $395,000 | 4 | 2 | 1,866 | $212 | 0.9 mi |
D 4709 Alpine Place Sold | $290,000 | 3 | 2 | 1,516 | $191 | 0.5 mi |
E 4700 Fulton Place Sold | $392,950 | 4 | 2 | 1,551 | $253 | 0.4 mi |
F 4312 Hanford Avenue Sold | $320,000 List Price | 4 | 2 | 1,540 | 1.0 mi | |
G 4319 Cory Place Active | $395,000 List Price | 3 | 2 | 1,609 | $245 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this property is functional but significantly dated. The kitchen features older plywood cabinetry and basic appliances, while the bathrooms show aged laminate countertops and fixtures. Although some flooring has been updated to laminate, the presence of wood paneling, older carpets, and a makeshift enclosed patio area indicates the home has not had a comprehensive renovation in several decades. It is suitable as an income property but requires modernization to meet current market standards.
The property is an ideal turnkey investment opportunity with a long-term tenant already in place, ensuring immediate cash flow for the buyer.
Includes a large den with a separate private entrance, providing excellent versatility for a home office, guest suite, or potential multi-generational living.
The oversized gated lot offers rare RV parking and significant outdoor space, centrally located near the Meadows Mall and established parks.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Built in 1953, the home may require ongoing maintenance or updates to aging infrastructure and systems common in historical properties.
Despite having over 1,600 square feet, the property only features two formal bedrooms, which may limit its appeal to larger families.
IDEAL INCOME PROPERTY OPPORTUNITY WITH LONGTERM TENANT IN PLACE! CENTRALLY LOCATED IN AN ESTABLISHED HISTORICAL NEIGHBORHOOD AND WALKING DISTANCE TO THE MEADOWS MALL AND THE BEAUTIFUL ESSEX CIRCLE PARK. THIS SINGLE-STORY HOME BOASTS RUSTIC CHARM THROUGHOUT AND NESTLED ON AN OVERSIZED GATED LOT WITH AMPLE ROOM FOR RV PARKING. FEATURING 2 BEDROOMS, 2 BATHROOMS, PLUS LARGE DEN WITH A SEPARATE PRIVATE ENTRANCE.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 4% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,619 | 1,646.5 | 48% |
| Lot Size | 6,970 | 6,534 | 59% |
| Price | $325.0K | $357.4K | 39% |
| Price per sq ft | $201 | $223 | 37% |
| Built year | 1953 | 1963 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 287 | 1% |
Mar 27, 2026
$325,000
Initial Listing