4248 Tara Avenue 4, Las Vegas, NV 89102, Las Vegas, 89102 - 2 bed, 1 bath
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Las Vegas, NV 89102
This Proven Income-Generating Condo is a Strategic Residential Asset with a List Price of $149,999—positioned accurately at its $149,999 Fair Market Value. Currently operating as a successful mid-term rental generating up to $2,200 monthly, the property maintains a Condition Rating of 3 with modern quartz countertops and stylish plank flooring. Its strategic location minutes from the Las Vegas Strip and I-15 ensures high rental demand and long-term stability. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4248 Tara Avenue 4 Subject | $149,999* List Price | 2 | 1 | 902 | $166 | - |
A 4316 Tara Avenue 4 Sold | $126,000 | 2 | 1 | 902 | $140 | 0.1 mi |
B 4708 Obannon Drive C Sold | $175,000 | 2 | 2 | 1,073 | $163 | 0.8 mi |
C 4706 OBANNON Drive C Sold | $180,000 List Price | 2 | 2 | 1,073 | 0.8 mi | |
D 4706 Obannon Drive C Sold | $180,000 List Price | 2 | 2 | 1,073 | 0.8 mi | |
E 3271 Jericho Street B Sold | $119,900 List Price | 2 | 2 | 922 | 0.7 mi | |
F 4248 Tara Avenue 2 Sold | $166,000 | 2 | 1 | 902 | $184 | - |
G 4264 Tara Avenue 2 Active | $169,000 List Price | 2 | 1 | 902 | $187 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, currently operating as a successful mid-term rental. While the building was constructed in 1982, the interior has been updated with modern quartz countertops and stylish plank flooring. The kitchen features a functional layout with a breakfast bar, and although the appliances are white rather than stainless steel, they appear clean and in good working order. The overall condition reflects regular upkeep and recent cosmetic improvements that eliminate the need for immediate renovation.
The property is a successful mid-term rental generating $1,800–$2,200 per month, offering an impressive cap rate for investors at this price point.
Located just minutes from the Las Vegas Strip and I-15, the condo offers unparalleled access to major employment centers, dining, and entertainment.
The unit features desirable upgrades including quartz countertops, a breakfast bar, and stylish plank flooring, making it move-in ready.
As a two-bedroom unit with only one bathroom, it may face competition from similar units that offer a second bathroom for added convenience.
Constructed in 1982, the property may require more frequent maintenance or face potential future HOA assessments compared to newer developments.
Prime Investment Opportunity! This condo is currently operating as a highly successful mid-term rental, consistently generating approximately $1,800–$2,200 per month. A fantastic income-producing property in a desirable location. This charming 2-bedroom, 1-bathroom condo offers a smart and functional layout with living and dining areas conveniently adjacent to the kitchen. The kitchen features a breakfast bar, quartz countertops, and tile flooring, while stylish plank flooring flows throughout the other living spaces. Ceiling fans add extra comfort year-round. Situated just minutes from the Las Vegas Strip, I-15, major shopping, dining, and entertainment, this condo places you right in the heart of convenience. Whether you're an investor seeking strong returns or a buyer looking for a perfectly located home, this property checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 902 | 1,073 | 19% |
| Lot Size | - | 1,260 | 38% |
| Price | $150.0K | $160.5K | 42% |
| Price per sq ft | $166 | $167 | 50% |
| Built year | 1982 | 1982 | 50% |
| HOA | $275 | $256 | 62% |
| Days on market | 175 | 645 | 19% |
Oct 29, 2025
$149,999
Initial Listing