4533 CHARLES RONALD Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
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Las Vegas, NV 89121
This Tenant-Occupied Residential Asset is listed at $410,000, positioned as a stable income generator near its $385,941 Fair Market Value. Boasting a Functional Condition Rating, the property features a highly desirable single-story layout and the significant advantage of No HOA restrictions, maximizing monthly ROI. While the 1965 construction indicates potential for future capital improvements to aging systems, the presence of a solid tenant in place ensures immediate performance and cash flow. Located near William E. Ferron Elementary, this property is a prudent acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4533 CHARLES RONALD Avenue Subject | $410,000* List Price | 4 | 2 | 1,441 | $268 | - |
A 4165 Grace Street Sold | $465,000 | 4 | 2 | 1,590 | $292 | 0.2 mi |
B 4312 Chrysalis Drive Sold | $380,000 | 4 | 2 | 1,284 | $296 | 0.4 mi |
C 4130 Royalhill Avenue Sold | $352,000 | 4 | 2 | 1,359 | $259 | 0.7 mi |
D 4312 Chrysalis Drive Sold | $380,000 | 4 | 2 | 1,284 | $296 | 0.4 mi |
E 4329 Salamanca Circle Sold | $385,500 | 4 | 2 | 1,627 | $237 | 0.3 mi |
F 4498 McMillan Road Sold | $360,000 List Price | 3 | 3 | 1,611 | 0.1 mi | |
G 4606 Powell Avenue Active | $410,000 List Price | 4 | 2 | 1,515 | $271 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is functional and currently tenant-occupied, but shows signs of aging infrastructure typical of its era. The lack of interior photos and the age of the home suggest outdated finishes and systems that likely require minor updates or repairs to meet modern standards, though it remains habitable and maintained.
The property comes with a solid tenant already in place, providing immediate cash flow and making it an ideal 'hands-off' opportunity for real estate investors.
The absence of a homeowner association eliminates monthly fees and restrictive covenants, offering the owner greater financial flexibility and freedom over property use.
The single-story floor plan is highly sought after in the Las Vegas market, ensuring broad appeal for both current tenants and future resale to a variety of demographics.
Built in 1965, the property may require significant long-term maintenance or capital improvements to aging systems such as plumbing, electrical, and roofing.
The assigned middle and high schools carry low ratings (2 and 3 respectively), which may limit the property's attractiveness to families prioritizing high-quality education.
Great For investors looking for a rental property with a solid tenant in place, Single story home in a great location with No HOA.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,441 | 1,779 | 16% |
| Lot Size | 6,098 | 7,405 | 11% |
| Price | $410.0K | $382.5K | 59% |
| Price per sq ft | $285 | $208 | 90% |
| Built year | 1965 | 1972 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 211 | 495 | 35% |
Sep 24, 2025
$410,000
Initial Listing
Feb 4, 1994
$87,500
Public Record