4300 North Lamont Street 281, Las Vegas, NV 89115, Las Vegas, 89115 - 2 bed, 2 bath
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4300 North Lamont Street 281
Las Vegas, NV 89115
ACTIVE
CONDITION: FAIR
2Beds
2Baths
864Sq Ft
12,753Lot Size
Property Price
LIST PRICE$130,000
EST. MARKET VALUE
$128,052
SUMMARY
This tenant-occupied condominium presents a High-Potential Investment Opportunity with a List Price of $130,000—positioned slightly above the $128,052 Fair Market Value. While the property requires minor cosmetic updates given its Fair Condition Rating, the existing lease provides immediate cash flow. Featuring low-maintenance wood/vinyl flooring, this asset is well-suited for a portfolio expansion. Despite the proximity to local schools, the property is best positioned for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Las Vegas market.
Estimated Market Value
$128,052
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4300 North Lamont Street 281 Subject | $130,000* List Price | 2 | 2 | 864 | $148 | - |
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 4300 N Lamont Street 243 Active | $144,000 List Price | 2 | 2 | 864 | $167 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1983 (43 years old), the property is dated but functional and currently tenant-occupied. While the description notes wood/vinyl flooring updates, the overall age and lack of documented major renovations to the kitchen, bathrooms, or primary systems place it in the Fair category, requiring minor repairs and cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is currently tenant-occupied, providing an immediate cash-flow opportunity for investors without the need for initial marketing or tenant screening.
- Low-Maintenance Flooring
Equipped with wood and vinyl surface flooring throughout, the unit offers a durable, modern aesthetic that is easy to clean and maintain between tenancies.
- Competitive Price Point
Priced at $130,000 for a two-bedroom, two-bathroom layout, this condo represents a highly accessible entry point for first-time buyers or budget-conscious investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12753, other record lot size in square feet = 1722.
- Aging Construction
Built in 1983, the property may require more frequent maintenance or capital improvements to aging systems and common areas compared to newer builds.
- Underperforming School District
The local schools carry low ratings, specifically a 2/10 for the high school, which may limit appeal for families and impact long-term appreciation.
About 4300 North Lamont Street 281
Tenant-occupied, unit offers a functional layout with a cozy living space and plenty of natural light. Bedrooms offer good space with mirrored closet doors, and wood/vinyl surface flooring throughout. A great opportunity for investors looking to add to their portfolio or buyers planning to occupy.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 12,753 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $260 / Month
Neighborhood Insights
Las Vegas Unified Schools
J E Manch Elementary School
Grades PK-5 • 0.1 mi
3/10
Zel & Mary Lowman Elementary School
Grades PK-5 • 0.2 mi
3/10
Carroll M Johnston Middle School
Grades 6-8 • 3.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 864 | 1,059.468 |
| Lot Size | 12,753 | 6,055.359 |
| Price | $130.0K | $225.8K |
| Price per sq ft | $150 | $213 |
| Built year | 1983 | 1996 |
| HOA | $260 | $254 |
| Days on market | 20 | 71 |
Pricing History
Listed for Sale
Aug 20, 2026
$130,000
Initial Listing