4406 Kay Place, Las Vegas, NV 89107, Las Vegas, 89107 - 5 bed, 4 bath
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Las Vegas, NV 89107
This Versatile Income-Generating Asset is listed at $495,000, representing a stable entry point at its $488,996 Fair Market Value. The property holds a Condition Rating of 3, featuring a Modernized Kitchen and Independent Rental Studios specifically designed to generate passive income or support multi-generational living. With No HOA fees and a location near the 7-rated Hyde Park Middle School, the home balances lifestyle utility with financial performance. It is an optimal acquisition for House-Hackers or Multi-Generational Families seeking a high-utility residence in Las Vegas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4406 Kay Place Subject | $495,000* List Price | 5 | 4 | 2,262 | $216 | - |
A 228 Falcon Lane Sold | $438,000 | 4 | 3 | 2,138 | $205 | 0.9 mi |
B 5310 EVERGREEN Avenue Sold | $395,000 | 4 | 2 | 1,866 | $212 | 0.8 mi |
C 4421 Nolan Lane Sold | $360,000 | 3 | 2 | 1,581 | $228 | 0.1 mi |
D 612 Brush Street Sold | $480,000 | 5 | 5 | 1,990 | $241 | 0.5 mi |
E 4213 Evergreen Place Sold | $400,000 | 4 | 2 | 1,559 | $257 | 0.2 mi |
F 716 Cragin Park Drive Sold | $480,000 | 4 | 3 | 2,116 | $227 | 0.3 mi |
G 401 Horn Street Active | $435,000 List Price | 5 | 2 | 2,535 | $172 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1953, the property has been significantly updated to include a modern kitchen and independent studio units. The exterior shows signs of maintenance with updated vinyl windows and a newer front door. The description indicates the interior is modernized and move-in ready, though the age of the underlying infrastructure prevents an 'excellent' rating.
The inclusion of independent studios provides a versatile opportunity for multi-generational living or significant rental income to offset mortgage payments.
The property features a stylishly updated kitchen designed for both aesthetics and functionality, offering a turnkey experience in the heart of the home.
With an association fee of zero, owners benefit from lower monthly carrying costs and the freedom from restrictive community regulations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2262, other record living area = 1440. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Originally built in 1953, the property may require ongoing maintenance or upgrades to older electrical, plumbing, and structural systems.
The assigned high school carries a low rating of 2, which may be a concern for families prioritizing educational performance and long-term resale value.
Great Investment Opportunity in 89107! This spacious home features independent studios that provide excellent rental income, helping to offset the mortgage. Enjoy a modern, updated kitchen designed for both style and functionality, perfect for cooking and entertaining. Whether you’re seeking a property to generate income or a comfortable home with extra rental potential, this residence offers the perfect blend of versatility and value. Don’t miss out on this fantastic investment!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 2,262 | 1,656.5 | 85% |
| Lot Size | 7,405 | 6,534 | 68% |
| Price | $495.0K | $359.9K | 93% |
| Price per sq ft | $219 | $223 | 49% |
| Built year | 1953 | 1963 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 287 | 40% |
Sep 17, 2025
$495,000
Initial Listing