4401 Alexis Drive 440, Las Vegas, NV 89103, Las Vegas, 89103 - 3 bed, 2 bath
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Las Vegas, NV 89103
This Spacious Pool-View Condominium is a High-Potential Investment Opportunity listed at $295,000—positioned well below the $360,330 Fair Market Value by 18%. This significant valuation gap secures $65,330 in Instant Equity for the buyer. Boasting a Condition Rating of 4, the interior features Granite Countertops and new carpeting, while the 24/7 guard-gated community offers resort amenities. Located minutes from the Las Vegas Strip and Joseph E Thiriot Elementary, it offers exceptional rental demand and lifestyle convenience. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4401 Alexis Drive 440 Subject | $295,000* List Price | 3 | 2 | 1,205 | $299 | - |
A 5242 Osman Court 54 Sold | $255,520 List Price | 2 | 2 | 1,080 | 0.3 mi | |
B 5415 W Harmon Avenue 1004 Sold | $265,000 | 2 | 2 | 1,204 | $220 | 0.2 mi |
C 4430 Sandy River Drive 27 Sold | $215,000 List Price | 2 | 2 | 978 | 0.4 mi | |
D 5415 W Harmon Avenue 2012 Sold | $260,000 | 2 | 2 | 1,204 | $216 | 0.2 mi |
E 5576 W Rochelle Avenue 9C Sold | $213,000 | 2 | 2 | 1,058 | $201 | 0.2 mi |
F 5415 W Harmon Avenue 2012 Sold | $260,000 | 2 | 2 | 1,204 | $216 | 0.2 mi |
G 5427 Indian River Drive 418 Active | $288,000 List Price | 3 | 2 | 1,205 | $239 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with some recent cosmetic updates, including newly installed carpet and granite countertops. However, it was built in 1982 and retains several outdated features such as older white kitchen appliances, fluorescent box lighting, and original-style cabinetry. While functional and clean, the overall aesthetic and major systems reflect the property's age without a comprehensive modern renovation.
Situated in the desirable Spring Valley area, the property offers exceptional proximity to the Las Vegas Strip, Allegiant Stadium, and major transportation hubs, making it ideal for both residents and investors.
The 24/7 guard-gated community provides a high level of security and access to resort-style facilities, including multiple pools, spas, fitness centers, and tennis courts.
The unit is well-maintained with attractive upgrades such as granite countertops, newly installed carpeting, and energy-efficient double-insulated tinted windows.
With a construction date of 1982, the property may face challenges related to aging building systems or require more frequent maintenance compared to newer developments.
The $360 monthly association fee represents a significant ongoing cost that buyers must factor into their total monthly housing budget.
Discover comfort and convenience in this well-maintained 1,205 sq ft, 3-bedroom, 2-bath, pool-view condominium located within a 24/7 guard-gated community just minutes from the heart of Las Vegas. This home features a spacious living area with newly installed carpet, a cozy fireplace, granite countertops, double-insulated tinted windows, and a covered balcony. Ideally situated adjacent to the pool and picnic area, it offers the perfect setting for both relaxation and social gatherings. Community amenities include resort-style pools and spas, fitness centers, recreation rooms, and tennis courts. Located in the desirable Spring Valley neighborhood, this condo is a very short drive from the Las Vegas Strip, Allegiant Stadium, world-class dining and entertainment, major freeways, and the 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 | 3.0 | 2.0 | 98% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,205 | 884 | 92% |
| Lot Size | 2,522 | 1 | 63% |
| Price | $295.0K | $158.5K | 96% |
| Price per sq ft | $245 | $195 | 89% |
| Built year | 1982 | 1983 | 47% |
| HOA | $360 | $188 | 98% |
| Days on market | 73 | 1176 | 2% |
Feb 8, 2026
$295,000
Initial Listing