
Las Vegas, NV 89102
This Move-In Ready Condominium is a High-Potential Investment Opportunity, listed at $148,000—positioned well below the $169,013 Fair Market Value by 12%. This valuation gap provides $21,013 in Instant Equity for the buyer. The property holds a Good Condition Rating, featuring brand new laminate flooring, fresh interior paint, and a reliable 4-year-old AC unit. Located minutes from the Las Vegas Strip and major shopping hubs, it offers high rental demand and lifestyle convenience. This is an ideal acquisition for First-Time Homebuyers or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4348 Tara Avenue D Subject | $148,000* List Price | 2 | 1 | 902 | $187 | - |
A 4316 Tara Avenue 4 Sold | $126,000 | 2 | 1 | 902 | $140 | 0.0 mi |
B 4248 Tara Avenue 2 Sold | $166,000 | 2 | 1 | 902 | $184 | 0.1 mi |
C 4248 Tara Avenue 2 Sold | $166,000 | 2 | 1 | 902 | $184 | 0.1 mi |
D 4708 Obannon Drive C Sold | $175,000 | 2 | 2 | 1,073 | $163 | 0.7 mi |
E 4530 Sparky Drive A Sold | $155,000 List Price | 2 | 2 | 922 | 0.6 mi | |
F 4706 OBANNON Drive C Sold | $180,000 List Price | 2 | 2 | 1,073 | 0.7 mi | |
G 4264 Tara Avenue 2 Active | $169,000 List Price | 2 | 1 | 902 | $187 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent upgrades including brand new laminate flooring, fresh interior paint, a new dishwasher, and a new water heater. Additionally, the AC unit is only 4 years old. While the kitchen cabinetry and countertops reflect an older style consistent with the 1982 build year, the home has been well-maintained with no immediate repairs required, placing it firmly in the 'good' category.
The property features significant recent improvements including fresh paint, brand new laminate flooring, a new dishwasher, and a new water heater, reducing immediate move-in costs.
Situated just minutes from the Las Vegas Strip, major shopping hubs, and top-tier restaurants, this location offers high convenience for residents and strong potential for investors.
The air conditioning unit is only four years old, providing essential reliability and energy efficiency for the desert climate, which is a major value-add for a home built in 1982.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1806, other record lot size in square feet = 2809.
The monthly association fee of $320 is relatively high compared to the $148,000 asking price, which may impact the debt-to-income ratio for buyers and overall cash flow for investors.
As a two-bedroom unit with only one bathroom, the layout may be less competitive for roommates or small families compared to similar units that offer a second or half-bath.
Looking For A Perfect Spot minutes from the Las Vegas Strip? This 2 Bedroom, 1 Bath move in ready and waiting for you! Built in 1982, Frehly painted, Brand New Laminate Flooring. New Water Heater, New Dishwasher, AC is only 4 years old!! Walk or drive minutes to your favorite Grocery Stores, Shopping Hubs, and top tier restaurants. Whether you're looking for your fisrt home or a savvy investment near the action, this 902 sq ft condo won't last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 902 | 1,073 | 19% |
| Lot Size | 1,806 | 1,405 | 62% |
| Price | $148.0K | $160.5K | 42% |
| Price per sq ft | $164 | $166 | 50% |
| Built year | 1982 | 1982 | 50% |
| HOA | $320 | $256 | 92% |
| Days on market | 35 | 644 | 4% |
Mar 18, 2026
$148,000
Initial Listing