
Las Vegas, NV 89103
This Turnkey Rental Asset is listed at $204,900, offering a stable investment opportunity in relation to its $171,733 Fair Market Value. Currently occupied by a long-term tenant, the residence provides immediate rental income within the secure, 24/7 guard-gated Bella Vita community. While maintaining a Condition Rating of 4, the unit features Granite Countertops, a covered patio, and access to resort-style pools and tennis courts. Proximity to Joseph E Thiriot Elementary and the Las Vegas Strip ensures sustained tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4391 Alexis Drive 321 Subject | $204,900* List Price | 2 | 2 | 978 | $176 | - |
A 4411 Alexis Drive 448 Sold | $160,000 | 2 | 2 | 978 | $164 | 0.0 mi |
B 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 0.2 mi | |
C 5422 River Glen Drive 379 Sold | $175,000 | 2 | 2 | 978 | $179 | 0.1 mi |
D 4972 River Glen Drive 173 Sold | $180,000 | 2 | 2 | 978 | $184 | 0.3 mi |
E 4430 Sandy River Drive 27 Sold | $215,000 List Price | 2 | 2 | 978 | 0.4 mi | |
F 4960 INDIAN RIVER Drive 468 Sold | $163,000 | 2 | 1 | 816 | $200 | 0.3 mi |
G 4421 Alexis Drive 436 Active | $199,000 List Price | 2 | 2 | 978 | $203 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property exceeds the 20-year threshold for a higher rating. While it features granite countertops and tile flooring suggesting a past renovation, the age of the structure and systems, combined with long-term tenant occupancy, indicates the unit is likely dated and will require minor repairs or modern updates to meet current market standards.
Situated just 2 miles from the Las Vegas Strip and near Allegiant Stadium, this property offers exceptional proximity to world-class entertainment, dining, and major employment hubs.
The condo is currently occupied by a long-term tenant, providing immediate rental income and a proven occupancy history for savvy investors.
Located in a 24/7 guard-gated community, residents enjoy resort-style perks including multiple pools, a spa, tennis courts, a fitness center, and a clubhouse.
Built in 1982, the property may require more frequent maintenance or future updates to systems and common areas compared to newer residential developments.
The assigned middle and high schools have lower performance ratings (4 and 5), which may limit the property's appeal to families prioritizing high-ranking educational districts.
Located in Bella Vita, a guard-gated community just 2 miles from the Las Vegas Strip. This 2-bedroom, 2-bath condo presents an excellent investment opportunity, as it is currently occupied by a long-term tenant. The bright and open floor plan features tile flooring throughout the living areas and carpet in the bedrooms. The kitchen is equipped with granite countertops and all appliances. The primary bedroom includes an en-suite bathroom with a shower. There is also a covered patio area and a washer and dryer. In addition to the 24/7 guard gate, the community offers a variety of amenities, including pools, spa, tennis court, a clubhouse, a fitness room, and a BBQ area. The location is also conveniently located near shopping, Allegiant Stadium, and restaurants, as well as easy access to the 215 freeway and Harry Reid Airport.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.8 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 | 978 | 884 | 56% |
| Lot Size | - | - | 50% |
| Price | $204.9K | $155.0K | 77% |
| Price per sq ft | $210 | $194 | 63% |
| Built year | 1982 | 1982 | 50% |
| HOA | $307 | $190 | 96% |
| Days on market | 53 | 1395 | 1% |
Apr 21, 2026
$204,900
Initial Listing