
Las Vegas, NV 89103
This property presents a High-Potential Investment Opportunity with a List Price of $159,900—positioned well above the $103,201 Fair Market Value by -54%. While the pricing reflects a premium, the unit offers Ground Floor Convenience and the rare ability to acquire the adjacent unit for portfolio scaling. With a Condition Rating of 5, the property requires cosmetic updates to modernize its 1980s aesthetic. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a manageable, well-located entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4211 Sanderling Circle 285 Subject | $159,900* List Price | 1 | 1 | 612 | $222 | - |
A 4121 Gannet Circle 412 Active | $155,000 List Price | 1 | 1 | 612 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987, making it 37 years old and exceeding the 30-year threshold for the 'Poor' category. While described as well-maintained, the bathroom images show original 1980s tile, dated fixtures, and aging flooring that require a full rehab to meet modern standards.
The property features a reliable long-term tenant and the rare opportunity to purchase the adjacent unit (#286), making it an ideal acquisition for investors seeking immediate cash flow and portfolio growth.
This ground-floor unit offers excellent accessibility with no stairs, complemented by assigned covered parking and the high-demand convenience of an in-unit washer and dryer.
Priced competitively at $159,900 with a relatively low monthly HOA fee of $200, this condo provides an affordable entry point into the Las Vegas market with manageable carrying costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2074, other record lot size in square feet = 2304.
With only 612 square feet of living area, the unit is quite small, which may limit its appeal to a broader demographic of buyers or tenants seeking more spacious accommodations.
Built in 1987, the property may require upcoming capital improvements or modern cosmetic updates to remain competitive with newer residential developments in the 89103 area.
Well maintained, spacious ground floor condominium w/excellent long term tenant! All appliances included, w/washer and dryer in unit! Covered parking space assigned to unit, large rooms and balcony! Can be purchased with unit #286.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 612 | - |
| Lot Size | 2,074 | - |
| Price | $159.9K | $217.2K |
| Price per sq ft | $261 | $219 |
| Built year | 1987 | 0 |
| HOA | $200 | $0 |
| Days on market | 44 | 828 |
Jun 8, 2026
$159,900
Initial Listing