
Las Vegas, NV 89110
This property presents a High-Potential Investment Opportunity with a List Price of $195,000—positioned well above the $132,414 Fair Market Value by -47%. While the pricing reflects a premium, the Fair Condition Rating (5/10) indicates a need for a full rehab to modernize the 1981 infrastructure. Featuring a Dual-Suite Layout and a private outdoor patio, this townhouse offers functional space for tenants. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 North Lamb Boulevard A Subject | $180,000* List Price | 2 | 2 | 942 | $196 | - |
A 251 N LAMB Boulevard C Sold | $210,000 | 2 | 2 | 984 | $213 | 0.2 mi |
B 251 N LAMB BL Boulevard C Sold | $210,000 | 2 | 2 | 984 | $213 | 0.2 mi |
C 4904 NELLIE SPRINGS Court Sold | $190,000 | 3 | 1 | 1,136 | $167 | 1.0 mi |
D 401 N Lamb Boulevard D Active | $200,000 List Price | 2 | 2 | 942 | $212 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) with no evidence of major renovations. The kitchen features original cabinetry and a dated fluorescent light box, while the interior shows popcorn ceilings, worn carpeting, and significant wall scuffing/patching in bedrooms. Per the criteria for properties over 30 years old with original systems and finishes, it requires a full rehab.
Priced under $200,000, this move-in ready townhouse offers a highly accessible entry point for first-time buyers and a strong turnkey opportunity for investors seeking rental income.
The thoughtfully designed floorplan features two spacious bedrooms, each with its own walk-in closet and full bathroom, providing maximum privacy and functionality for roommates or guests.
The HOA covers essential utilities like water and trash along with landscaping, while the interior's full tile flooring ensures durability and easy upkeep for the homeowner.
Built in 1981, the property may soon require updates to major systems or structural components that are typical for a community of this vintage.
At 942 square feet, the living areas and kitchen may feel restrictive for buyers looking for more expansive common spaces or additional storage options.
Beautiful Move-In Ready 2 Bedroom, 2 Bathroom Townhome Perfect for First Time Buyers or Investors! Located in a well maintained community featuring mature landscaping, a sparkling pool, and tennis court amenities. The HOA covers landscaping, water, and trash for added convenience and low maintenance living. This thoughtfully designed floorplan offers a separate kitchen layout, spacious living areas, and the private outdoor patio spaces perfect for relaxing or entertaining. Both generously sized bedrooms feature walk in closets and full bathrooms. Tile flooring runs throughout the home, adding durability and easy upkeep. This home also includes all appliances, including a washer and dryer combo. Conveniently located near schools, shopping, dining, convenience stores, and quick access to I 515. Don’t miss this fantastic opportunity to own a great home at an affordable price!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 942 | - |
| Lot Size | 871 | - |
| Price | $180.0K | $324.2K |
| Price per sq ft | $191 | $237 |
| Built year | 1981 | 0 |
| HOA | $240 | $0 |
| Days on market | 62 | 276 |
Jun 19, 2026
$180,000
$195,000
-8% Price Drop
Initial Listing
May 21, 2026
$195,000
Initial Listing
Jul 27, 2000
$50,000
Public Record