
Las Vegas, NV 89103
This High-Potential Investment Opportunity is listed at a List Price of $169,500, positioned above the $153,570 Fair Market Value. While the property carries a Fair Condition Rating due to its 1998 construction, it offers immediate cash flow via a month-to-month tenant. Featuring Resort-Style Amenities including two pools and a fitness center, this unit provides a strategic location near the Las Vegas Strip and Allegiant Stadium. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a centrally located, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4400 South Jones Boulevard 2102 Subject | $164,500* List Price | 1 | 1 | 717 | $228 | - |
A 4400 S Jones Boulevard 2087 Sold | $160,000 | 1 | 1 | 717 | $223 | 0.0 mi |
B 5350 River Glen Drive 298 Sold | $130,000 | 1 | 1 | 700 | $186 | 0.4 mi |
C 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.4 mi | |
D 5286 River Glen Drive 428 Sold | $155,000 List Price | 1 | 1 | 700 | 0.5 mi | |
E 5160 Indian River Drive 345 Sold | $140,000 | 1 | 1 | 700 | $200 | 0.5 mi |
F 4893 S TORREY PINES Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 1.0 mi |
G 4893 S Torrey Pines Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 1.0 mi |
H 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.6 mi |
I 4400 S Jones Boulevard 3086 Active | $172,900 List Price | 1 | 1 | 717 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original features. While the unit appears well-maintained and functional, the bathroom tile and kitchen cabinetry are dated and reflect the original construction era. No significant recent renovations are mentioned or visible, suggesting a need for minor cosmetic updates to meet modern standards.
Situated minutes from the Las Vegas Strip, Allegiant Stadium, and Harry Reid International Airport, this property offers exceptional access to major employment and entertainment hubs.
The gated Borgata community provides a high-end lifestyle featuring two pools, two spas, a fitness center, a putting green, and a clubhouse with a media lounge and theater.
With a tenant already in place on a month-to-month lease, this unit offers an ideal turn-key opportunity for investors seeking instant cash flow with future flexibility.
The property is not FHA loan eligible, which limits the potential buyer pool and may require conventional financing with higher down payments or cash offers.
Requirement of pre-approval or proof of funds prior to showings, combined with tenant occupancy, may create logistical challenges for prospective buyers during the due diligence period.
Outstanding value in the desirable gated Borgata community! Seller will consider contributing 1% toward buyer's closing costs and/or interest-rate buy-down with full-price offer. Tenant occupied with a month-to-month lease. Current tenant would like to remain, offering immediate rental income while preserving flexibility for future owner occupancy. Stylish 1BD/1BA second-floor condo offering resort-style living just minutes from the LV Strip, Allegiant Stadium, T-Mobile Arena, Sphere, Harry Reid International Airport, UNLV, The LINQ Promenade, Fashion Show Las Vegas, premier dining, shopping, entertainment, nightlife, and major employment centers. Spacious open floor plan features a private balcony, walk-in closet, built-in wine rack, abundant natural light, and assigned covered parking. Resort-style community amenities include two swimming pools, two spas, fitness center, clubhouse, media lounge with theater seating, putting green, BBQ areas, and beautifully maintained grounds. HOA covers water, sewer, and trash. Appliances convey as-is. Not FHA loan eligible. Loan pre-approval or proof of funds required prior to showing confirmation. Outstanding opportunity for owner-occupant, second home, vacation home, corporate housing, or investment property. Central Las Vegas location provides convenient access to world-class resorts, Raiders games, Golden Knights games, concerts, conventions, UNLV, Harry Reid International Airport, shopping, restaurants, major medical facilities, I-15, I-215, Flamingo Road, and the Las Vegas Strip for easy commuting throughout the valley. Ideal for buyers seeking a Las Vegas condo, 1-bedroom condo, gated community, resort-style amenities, low-maintenance living, investment property, rental property, income-producing property, lock-and-leave home, second home, vacation home, or centrally located residence near the Strip. Exceptional combination of value, location, amenities, rental flexibility, and long-term investment potential.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 717 | - |
| Lot Size | 8,396 | - |
| Price | $164.5K | $217.2K |
| Price per sq ft | $229 | $219 |
| Built year | 1998 | 0 |
| HOA | $255 | $0 |
| Days on market | 60 | 828 |
Jul 15, 2026
$164,500
$165,500
-1% Price Drop
Initial Listing
Jun 25, 2026
$165,500
$169,500
-2% Price Drop
Initial Listing
May 23, 2026
$169,500
Initial Listing