4300 N Lamont Street 209, Las Vegas, NV 89115, Las Vegas, 89115 - 1 bed, 1 bath
4300 N Lamont Street 209
Las Vegas, NV 89115
Property Price
SUMMARY
Analysis of 4300 N Lamont Street 209, Las Vegas, NV 89115 is currently available with a list price of $125,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, this condo is in functional condition but shows significant signs of age with mostly original or dated finishes. The kitchen features older oak-style cabinetry, laminate countertops, and white coil-top appliances, while the living areas contain worn carpeting and basic light fixtures. While the unit appears maintained and is currently tenant-occupied, it lacks modern updates and requires cosmetic renovations to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property's proximity to Nellis Air Force Base makes it a highly desirable location for military personnel and civilian contractors, ensuring steady rental demand.
- Gated Community Security
Being situated within a gated community provides residents with an added layer of security and privacy, which is a significant selling point in the Las Vegas market.
- Investment Potential
With a competitive entry-level price point and a relatively low monthly HOA fee of $165, this unit offers an attractive opportunity for investors seeking cash flow.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6562, other record lot size in square feet = 1722.
- Occupancy Restrictions
The property is currently tenant-occupied with 'do not disturb' instructions, which limits immediate access for showings and may delay possession for owner-occupants.
- Vintage Condition
Built in 1984, the unit may require cosmetic updates or mechanical modernizations to compete with newer developments and maximize its market value.
About 4300 N Lamont Street 209
Charming 1-bedroom, 1-bath upstairs condo located in a gated community. Conveniently located near schools, shopping, and Nellis Air Force Base. Property is tenant-occupied; please do not disturb tenants.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 6,562 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $165 / Month
Neighborhood Insights
Las Vegas Unified Schools
J E Manch Elementary School
Grades PK-5 • 0.1 mi
Zel & Mary Lowman Elementary School
Grades PK-5 • 0.2 mi
Carroll M Johnston Middle School
Grades 6-8 • 3.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 640 | 974 | 3% |
| Lot Size | 6,562 | 974 | 62% |
| Price | $125.0K | $143.0K | 49% |
| Price per sq ft | $195 | $149 | 97% |
| Built year | 1984 | 1999 | 15% |
| HOA | $165 | $137 | 56% |
| Days on market | 247 | 1360 | 15% |
Pricing History
Listed for Sale
Jul 3, 2025
$125,000
Initial Listing