4533 Madreperla Street, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
4533 Madreperla Street
Las Vegas, NV 89121
Property Price
SUMMARY
Analysis of 4533 Madreperla Street, Las Vegas, NV 89121 is currently available with a list price of $315,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1981, this townhome is well-maintained and move-in ready but reflects its age with dated finishes. The kitchen features older cabinetry and a mix of appliances, while the bathrooms show signs of being outdated despite regular upkeep. The property lacks a recent comprehensive renovation, fitting the criteria for a functional but aged home.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
The property is located in a community featuring six pools, a spa, and tennis courts, offering a resort-style lifestyle that is highly attractive to active residents.
- Dual Private Outdoor Spaces
Unique for a townhouse, this home includes both a welcoming front courtyard and a back patio, providing ample private space for outdoor relaxation and entertaining.
- Spacious Open Layout
The 1,276 square foot open floor plan creates a seamless flow between living areas, making the home feel larger and more modern than typical 1980s builds.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1981, the home may require capital improvements or updates to major systems and cosmetic finishes to compete with newer inventory in the Las Vegas market.
- Monthly HOA Burden
The $340 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
About 4533 Madreperla Street
Charming two bedroom, two bath townhome. Open floor plan with a welcoming front courtyard, and a back patio. 6 Community pools and spa, and a tennis court.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1981
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $340 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,276 | 1,536 | 18% |
| Lot Size | 2,614 | 2,614 | 50% |
| Price | $315.0K | $265.0K | 75% |
| Price per sq ft | $247 | $180 | 92% |
| Built year | 1981 | 1976 | 70% |
| HOA | $340 | $189 | 89% |
| Days on market | 122 | 374 | 9% |
Pricing History
Listed for Sale
Nov 5, 2025
$315,000
Initial Listing