4316 W Lake Mead Boulevard 101, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Downstairs Condominium represents a High-Potential Investment Opportunity, listed at $165,000—positioned well below the $189,841 Fair Market Value by 13%. This significant valuation gap secures $24,841 in Instant Equity for the buyer. Maintaining a Condition Rating of 4, the interior features durable tile flooring, a cozy fireplace, and a private patio. Its accessible ground-floor location and included appliances drive strong rental demand despite higher association fees. This asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4316 W Lake Mead Boulevard 101 Subject | $165,000* List Price | 2 | 2 | 1,081 | $176 | - |
A 4516 W Lake Mead Boulevard 101 Sold | $170,000 | 2 | 2 | 1,081 | $157 | 0.2 mi |
B 2191 Hussium Hills Street 104 Sold | $200,000 | 3 | 2 | 1,027 | $195 | 0.1 mi |
C 2191 HUSSIUM HILLS Street 104 Sold | $200,000 | 3 | 2 | 1,027 | $195 | 0.1 mi |
D 4428 W Lake Mead Boulevard 101 Active | $208,900 List Price | 2 | 2 | 1,081 | $193 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is well-maintained and move-in ready with durable tile flooring and fresh paint throughout. While the primary bathroom features a modern tiled shower update, the kitchen and bathroom vanities remain outdated with laminate countertops and older white appliances, consistent with the 'fair' criteria for homes of this age without a full recent renovation.
Priced below recent comparable sales, this property offers exceptional value and immediate equity potential for investors or first-time homebuyers in the Las Vegas market.
As a downstairs unit, the property provides convenient, stair-free access, which is a highly desirable feature for many buyers and enhances the unit's long-term marketability.
The condo comes fully equipped with all appliances, including a washer and dryer, and features durable tile flooring throughout, minimizing immediate move-in costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2623, other record lot size in square feet = 2052.
The monthly HOA fee of $362 is relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratios for some buyers.
The assigned middle and high schools currently have low ratings, which could be a significant drawback for families prioritizing educational performance in their home search.
CENTRALLY LOCATED CONDO – PRICED BELOW RECENT COMPS! DOWNSTAIRS UNIT FEATURING TILE FLOORING THROUGHOUT AND A SPACIOUS LIVING ROOM WITH A COZY FIREPLACE. THE KITCHEN INCLUDES ALL APPLIANCES, PLUS A WASHER AND DRYER FOR ADDED CONVENIENCE. CEILING FANS AND WINDOW BLINDS ARE INSTALLED THROUGHOUT. THE PRIMARY SUITE OFFERS A WALK-IN CLOSET ALONG WITH A SEPARATE SHOWER AND TUB. THE SECONDARY BEDROOM IS NICELY SIZED. ENJOY THE PRIVATE PORCH AREA FOR OUTDOOR RELAXATION.
No exterior & parking available.
Grades PK-5 • 1.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.6 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 | 1,081 | 1,056 | 61% |
| Lot Size | 2,623 | - | 66% |
| Price | $165.0K | $185.0K | 38% |
| Price per sq ft | $153 | $176 | 38% |
| Built year | 1993 | 1995 | 44% |
| HOA | $362 | $200 | 97% |
| Days on market | 37 | 1459 | 1% |
Mar 17, 2026
$165,000
Initial Listing