
Las Vegas, NV 89103
This condo represents a Prime Investment Opportunity, listed at a List Price of $180,000—positioned well below the $184,565 Fair Market Value by 2%. This valuation gap offers $4,565 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen and access to a Community Pool. Located just 0.21 miles from a top-rated elementary school, this property balances rental demand with lifestyle convenience. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4411 Alexis Drive Unit 444 Subject 2 bd · 2 ba · 978 sqft · $189 | $180,000* List Price | 2 | 2 | 978 | $189 | - |
A 5220 Indian River Drive 280 Sold 2 bd · 2 ba · 978 sqft · $174 · 0.1 mi | $170,000 | 2 | 2 | 978 | $174 | 0.1 mi |
B 5221 River Glen Drive 195 Sold 2 bd · 2 ba · 978 sqft · $184 · 0.1 mi | $180,000 | 2 | 2 | 978 | $184 | 0.1 mi |
C 5576 W Rochelle Avenue 32A Sold 2 bd · 2 ba · 1,058 sqft · $198 · 0.2 mi | $209,000 | 2 | 2 | 1,058 | $198 | 0.2 mi |
D 5576 W Rochelle Avenue 9D Sold 2 bd · 2 ba · 1,058 sqft · $183 · 0.2 mi | $193,500 | 2 | 2 | 1,058 | $183 | 0.2 mi |
E 5121 River Glen Drive 138 Sold 2 bd · 1 ba · 816 sqft · $202 · 0.2 mi | $165,000 | 2 | 1 | 816 | $202 | 0.2 mi |
F 5404 River Glen Drive 361 Sold 2 bd · 2 ba · 978 sqft · $183 · 0.1 mi | $178,500 | 2 | 2 | 978 | $183 | 0.1 mi |
G 5278 River Glen Drive 419 Sold 2 bd · 2 ba · 978 sqft · $191 · 0.1 mi | $187,000 | 2 | 2 | 978 | $191 | 0.1 mi |
H 5576 West Rochelle Avenue 6 C Sold 2 bd · 2 ba · 1,058 sqft · $195 · 0.2 mi | $206,000 | 2 | 2 | 1,058 | $195 | 0.2 mi |
I 4421 Alexis Drive 436 Active 2 bd · 2 ba · 978 sqft · $203 · 0.0 mi | $199,000 List Price | 2 | 2 | 978 | $203 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1982, the interior shows a significant mid-life renovation (estimated 10-15 years ago) featuring granite countertops in the kitchen and bathrooms, updated cabinetry, and matching stone shower surrounds. The unit is well-maintained, clean, and move-in ready, though the white appliances and fluorescent lighting are slightly dated.
Priced competitively at $180,000 for a 2-bedroom, 2-bathroom configuration, this property represents an excellent opportunity for first-time buyers or investors looking for a budget-friendly entry into the Las Vegas market.
Situated in the 89103 zip code, the condo offers exceptional convenience with close proximity to the Las Vegas Strip, diverse dining, shopping centers, and public transportation, ensuring high rental demand and lifestyle appeal.
The property is located just 0.21 miles from Joseph E. Thiriot Elementary School, providing a significant advantage for families with young children seeking a short commute to a well-rated public school.
Built in 1982, the unit may require capital improvements or modern updates to its mechanical systems and interior finishes to compete with newer developments in the area.
The $302 monthly association fee is a significant recurring expense relative to the purchase price, which may impact the overall debt-to-income ratio for buyers and net cash flow for investors.
Enjoy the perfect blend of comfort, style, and convenience in this inviting 2-bedroom, 2-bathroom condo. The thoughtfully designed open layout creates a natural flow between the living and dining spaces, making it easy to unwind at home or welcome guests. With a practical floor plan and a setting that puts everyday essentials within easy reach, this condo offers a lifestyle that feels both effortless and enjoyable. Shopping, dining, and public transportation are all nearby, making it easy to stay connected and enjoy everything the surrounding area has to offer. A wonderful opportunity for anyone looking for a comfortable home in a convenient location.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 978 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $180.0K | $221.6K |
| Price per sq ft | $184 | $210 |
| Built year | 1982 | 1996 |
| HOA | $302 | $254 |
| Days on market | 14 | 70 |
Oct 10, 2026
$180,000
Initial Listing