4300 N Lamont Street 243, Las Vegas, NV 89115, Las Vegas, 89115 - 2 bed, 2 bath
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Las Vegas, NV 89115
This Strategic Las Vegas Rental Asset provides an accessible entry point with a List Price of $155,000. While valued near its $142,203 Fair Market Value, the property offers strong utility through its proximity to Nellis Air Force Base and the I-15 and 215 Freeways. The unit holds a Condition Rating of 4, featuring original 1984 finishes that present a clear Value-Add opportunity for forced appreciation. Served by Zel & Mary Lowman Elementary, this residence with positive cash flow is a stable acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4300 N Lamont Street 243 Subject | $155,000* List Price | 2 | 2 | 864 | $165 | - |
A 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.4 mi |
B 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.4 mi |
C 4730 E Craig Road 1093 Sold | $145,000 | 2 | 2 | 974 | $149 | 0.4 mi |
D 4730 E Craig Road 1020 Sold | $170,000 | 2 | 2 | 974 | $175 | 0.3 mi |
E 4730 E Craig Road 1093 Sold | $145,000 | 2 | 2 | 974 | $149 | 0.4 mi |
F 4730 E Craig Road 2003 Sold | $179,900 List Price | 2 | 2 | 974 | 0.3 mi | |
G 4300 N Lamont Street 233 Active | $170,000 List Price | 2 | 2 | 864 | $197 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is functional but shows significant signs of age and outdated styling. The interior features popcorn ceilings, basic ceramic tile flooring, and older white kitchen appliances. While it appears well-maintained as a rental unit, it has not undergone a comprehensive modern renovation in recent years, placing it squarely in the fair category based on its 40-year age and original-style finishes.
Priced at $155,000 with a history of positive cash flow, this property offers an accessible entry point for investors seeking immediate rental income in a high-demand market.
The proximity to Nellis Air Force Base and major freeways (I-15 and 215) ensures a consistent tenant pool and convenient access to shopping and dining.
The 2-bedroom, 2-bathroom configuration is highly desirable for the rental market, providing privacy and utility for roommates or small households.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12804, other record lot size in square feet = 1722.
Built in 1984, the unit may require more frequent maintenance or capital improvements compared to newer developments in the Las Vegas area.
The assigned public schools have lower performance ratings, which may limit the property's appeal to families and impact long-term resale value.
Fantastic rental property with positive cash flow! Located near Nellis Air Force Base and I-15 and 215 Freeways. It's within minutes to ample shopping, dining, and entertainment.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades PK-5 • 0.2 mi
Grades 6-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 864 | 974 | 13% |
| Lot Size | 12,804 | - | 95% |
| Price | $155.0K | $145.0K | 70% |
| Price per sq ft | $179 | $149 | 90% |
| Built year | 1984 | 2000 | 5% |
| HOA | $237 | $139 | 75% |
| Days on market | 42 | 2071 | 3% |
Mar 11, 2026
$155,000
Initial Listing
Nov 10, 1994
$500
Public Record