
Las Vegas, NV 89103
This Ground-Floor Investment Property is a turnkey Asset listed at $169,900, positioned relative to its $147,960 Fair Market Value. Boasting a Condition Rating of 4, the unit is well-maintained and features a Long-Term Tenant, In-Unit Laundry, and a Private Patio. The inclusion of all appliances and assigned covered parking ensures immediate operational efficiency for new ownership. Located minutes from the Strip with the unique potential to purchase the adjacent unit, this property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4211 Sanderling Circle 285 Subject | $169,900* List Price | 1 | 1 | 612 | $242 | - |
A 3976 Colors Court 40 Active | $149,900 List Price | 1 | 1 | 585 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1987, is in functional and well-maintained condition but remains largely outdated. The kitchen features older laminate countertops, basic white appliances, and original-style cabinetry. Flooring consists of standard carpet and vinyl that show their age, and the lighting fixtures are dated. While move-in ready and suitable for a tenant, it lacks the modern renovations required for a higher rating.
The property features a reliable, long-term tenant and the option to purchase an adjacent unit, making it an ideal turnkey opportunity for portfolio investors.
As a ground-floor unit with assigned covered parking and in-unit laundry, it offers excellent accessibility and convenience for residents.
The unit is well-maintained and includes all appliances, which minimizes immediate move-in costs or the need for initial capital improvements.
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.
At 612 square feet, the compact size of this one-bedroom unit may limit its appeal to buyers seeking more spacious living or storage areas.
The local schools are rated 4/10, which could be a drawback for some buyers and may influence the property's long-term resale value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 612 | 880.5 | 6% |
| Lot Size | 2,074 | 1 | 61% |
| Price | $169.9K | $158.5K | 59% |
| Price per sq ft | $278 | $195 | 95% |
| Built year | 1987 | 1983 | 67% |
| HOA | $200 | $188 | 56% |
| Days on market | 28 | 1176 | 1% |
Mar 25, 2026
$169,900
Initial Listing