
Las Vegas, NV 89103
This Turnkey Rental Asset is listed at $199,000, offering a stable investment opportunity aligned with its $191,580 Fair Market Value, reflecting consistent demand for gated units in the 89103 zip code. Exclusively available to investors, the property is tenant-occupied through April 2026, ensuring immediate rental income without vacancy concerns. Boasting a Condition Rating of 4, the interior is functional and well-maintained, complemented by a private patio and resort-style community amenities. Its prime location near Joseph E Thiriot Elementary and Kenny C Guinn Middle School ensures sustained tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking consistent performance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4421 Alexis Drive 436 Subject | $199,000* List Price | 2 | 2 | 978 | $196 | - |
A 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 0.2 mi | |
B 4972 River Glen Drive 173 Sold | $180,000 | 2 | 2 | 978 | $184 | 0.4 mi |
C 5080 INDIAN RIVER Drive 400 Sold | $184,800 | 2 | 2 | 978 | $189 | 0.2 mi |
D 5080 Indian River Drive 400 Sold | $184,800 | 2 | 2 | 978 | $189 | 0.2 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 | 0.4 mi |
G 5240 Indian River Drive 274 Active | $210,000 List Price | 2 | 2 | 978 | $215 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property is well-maintained but shows significant signs of being outdated. The kitchen features older white appliances and basic cabinetry, and the interior finishes, including the carpeting and light fixtures, reflect the property's age without evidence of recent modern renovations. It is functional for its current tenant-occupied status but requires cosmetic updates to meet current market standards.
The property is tenant-occupied through April 2026, offering investors immediate rental income and a reliable, long-term tenant from day one.
Located in the gated Bella Vita community, residents enjoy access to multiple pools, fitness centers, and well-maintained grounds, enhancing tenant retention.
This 2-bedroom, 2-bathroom second-floor unit features a practical layout with ample natural light and a private outdoor patio, maximizing its appeal in the rental market.
The property is strictly reserved for investors, as owner-occupant buyers will not be considered due to the existing long-term lease agreement.
With a lease in place until mid-2026, the new owner faces a significant delay before they can perform major renovations or reposition the asset for a different use.
Located in the desirable gated-community of Bella Vita, this 2 bedroom, 2-bathroom condo sits on the 2nd floor and offers a comfortable living space in a well-maintained complex. The unit features a functional layout, ample natural light with an outdoor patio area, and access to community amenities including pools, fitness centers, and more. PLEASE NOTE: This property is tenant-occupied through April 30, 2026. ----- Ideal for investors seeking immediate rental income with reliable tenant in place. Owner-occupant buyers will not be considered at this time. Schedule a viewing today!
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 | 57% |
| Lot Size | - | 0.5 | 50% |
| Price | $199.0K | $158.5K | 70% |
| Price per sq ft | $203 | $195 | 63% |
| Built year | 1982 | 1983 | 47% |
| HOA | $302 | $188 | 90% |
| Days on market | 301 | 1176 | 36% |
Jun 25, 2025
$199,000
Initial Listing