4578 Portadown Lane, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
Loading property details...
4578 Portadown Lane
Las Vegas, NV 89121
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,144Sq Ft
2,178Lot Size
Property Price
LIST PRICE$174,900
EST. MARKET VALUE
$180,591
3% BelowMARKET VALUE
SUMMARY
This townhouse presents a High-Potential Investment Opportunity with a List Price of $174,900—positioned well below the $180,592 Fair Market Value by 3%. This valuation gap offers $5,692 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the property requires significant interior updates, offering a blank canvas for value-add improvements. Featuring community amenities like a pool and clubhouse, this is a strategic acquisition ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through sweat equity.
Estimated Market Value
$180,591+$5,691 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4578 Portadown Lane Subject 2 bd · 2 ba · 1,144 sqft · $158 | $174,900* List Price | 2 | 2 | 1,144 | $158 | - |
A 3333 China Drive Sold 2 bd · 2 ba · 1,144 sqft · $162 · 0.2 mi | $185,000 | 2 | 2 | 1,144 | $162 | 0.2 mi |
B 3375 East Tompkins Avenue Unit 134 Active Under Contract 2 bd · 2 ba · 1,158 sqft · $121 · 0.3 mi | $140,000 List Price | 2 | 2 | 1,158 | $121 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1980 (44 years old), the property is described as a 'diamond in the rough' requiring a complete renovation of the kitchen, bathrooms, and flooring. While the photos show a modern interior, they are explicitly labeled as 'Virtually Remodeled,' indicating the actual condition is likely original and in need of significant rehab to be marketable.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Equity Upside
With a list price of $174,900 and a projected after-repair value exceeding $236,000, this property offers substantial potential for instant equity or profit for investors and flippers.
- Community Amenities
Residents benefit from desirable neighborhood features including a community swimming pool and clubhouse, enhancing the lifestyle appeal and future rental demand.
- Full Customization Potential
As a 'diamond in the rough,' the property serves as a blank canvas, allowing buyers to select their own flooring, finishes, and modern updates to suit their personal style or market trends.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is sold in 'as-is' condition and requires a complete overhaul, which necessitates significant upfront capital, time, and management of contractors.
- Monthly Association Fees
The $310 monthly HOA fee represents a recurring carrying cost that must be factored into the overall investment strategy and long-term monthly affordability.
About 4578 Portadown Lane
**POTENTIAL AFTER-REPAIR VALUE OF $236,000+ based on public online valuation estimates!** Bring your imagination and unlock the possibilities! This diamond in the rough offers an exciting opportunity to create instant appeal and build value through renovations. Whether you're a first-time buyer looking to make a home your own, an investor seeking rental potential, or a savvy renovator searching for your next flip, the possibilities are worth exploring! Choose your own flooring, finishes, kitchen, and bathroom updates to transform this property into something special. Qualified buyers may be able to finance both the purchase and improvements with a renovation mortgage, making a complete makeover more accessible! Enjoy community amenities including a swimming pool and clubhouse. Bring your vision, explore the potential, and turn this opportunity into your next success story! Property sold as-is. Online estimates are not appraisals or guarantees of after-repair value, which will depend on improvements and market conditions.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1980
- Lot Size
- 2,178 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lewis E Rowe Elementary School
Grades PK-5 • 1.2 mi
7/10
C W Woodbury Middle School
Grades 6-8 • 0.8 mi
2/10
Del Sol High School
Grades 9-12 • 1.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,144 | 1,432.321 |
| Lot Size | 2,178 | 2,308.901 |
| Price | $174.9K | $341.0K |
| Price per sq ft | $153 | $241 |
| Built year | 1980 | 1998 |
| HOA | $310 | $194 |
| Days on market | 4 | 70 |
Pricing History
Listed for Sale
Oct 23, 2026
$174,900
Initial Listing