
Las Vegas, NV 89103
This High-Potential Investment Opportunity is listed at a List Price of $159,900, positioned above the $103,201 Fair Market Value. While the property carries a Condition Rating of 5, it functions as a stable Buy-and-Hold Asset due to its existing long-term tenant and the rare option to acquire the adjacent unit. Featuring assigned covered parking and an in-unit washer/dryer, this condo offers reliable rental utility. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Builders seeking immediate cash flow in the 89103 area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4211 Sanderling Circle 286 Subject | $159,900* List Price | 1 | 1 | 612 | $169 | - |
A 4121 Gannet Circle 412 Active | $161,500 List Price | 1 | 1 | 612 | $264 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1987, placing it in the >30-year age bracket. While described as well-maintained, the bathroom images confirm original finishes including oak cabinetry, tiled countertops with grout lines, and dated lighting fixtures, which align with the criteria for needing modernization/rehab.
The property features a reliable long-term tenant already in place and offers the rare opportunity to be purchased alongside the adjacent unit, making it an ideal turnkey portfolio addition.
This well-maintained unit includes all appliances, an in-unit washer and dryer, and assigned covered parking, providing high-demand conveniences for the Las Vegas rental market.
Located in the 89103 zip code, the property is less than a mile from Ed W. Clark High School and offers excellent proximity to the Las Vegas Strip and local employment hubs.
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 just 612 square feet, the compact one-bedroom layout may limit the pool of potential occupants and offers restricted storage compared to larger units in the area.
Built in 1987, the property may require future capital expenditures for system updates or cosmetic modernizations to remain competitive with newer condominium developments.
Well maintained, spacious upstairs 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 #285.
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 | 42% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 612 | 877 | 9% |
| Lot Size | 2,074 | - | 62% |
| Price | $159.9K | $155.0K | 56% |
| Price per sq ft | $261 | $194 | 91% |
| Built year | 1987 | 1982 | 71% |
| HOA | $200 | $190 | 54% |
| Days on market | 5 | 1395 | 1% |
Jun 8, 2026
$159,900
Initial Listing