4591 E Philadelphia Avenue, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 3 bath
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Las Vegas, NV 89104
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $616,362 Fair Market Value by 6%. This valuation gap provides $41,362 in Instant Equity for the incoming buyer. The property maintains a move-in ready Condition Rating of 3, highlighted by a Resort-Style Backyard with a pool and a Converted Garage Studio optimized for rental income. This asset is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking high-utility residential property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4591 E Philadelphia Avenue Subject | $575,000* List Price | 3 | 3 | 3,140 | $196 | - |
A 4810 E Cleveland Avenue Sold | $450,000 List Price | 4 | 4 | 2,795 | 0.3 mi | |
B 4462 E Cleveland Avenue Sold | $425,000 List Price | 5 | 3 | 2,312 | 0.3 mi | |
C 4041 E New York Avenue Sold | $475,000 | 3 | 2 | 2,104 | $226 | 0.7 mi |
D 4877 Patterson Avenue Pending | $499,000 List Price | 4 | 4 | 2,946 | $169 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a significant 'resort-style' backyard upgrade and a functional garage-to-studio conversion. While the 1981 build date is reflected in some dated interior elements like popcorn ceilings and standard oak cabinetry, the home has been updated with stainless steel kitchen appliances, wood-look laminate flooring in bedrooms, and large-format tile in living areas. The overall quality and the addition of the secondary living space elevate it above a 'fair' rating despite its age.
The property features an exceptional outdoor oasis including an in-ground pool with a slide, spa, built-in bar, and an outdoor bathroom, offering a premium entertainment space rarely found at this price point.
A converted garage studio equipped with a full kitchen, laundry, and bathroom provides a turnkey opportunity for rental income or a private multi-generational living suite.
Situated on a generous 10,019-square-foot lot with no homeowner association fees, this property offers owners significant freedom and long-term carrying cost savings.
The assigned public schools carry low ratings, with several nearby institutions scoring between 2 and 4, which may be a concern for families prioritizing education.
While the garage conversion adds living space and rental utility, it eliminates traditional covered parking and secure vehicle storage, which is a notable drawback for many buyers.
Resort-style backyard, no HOA! This spacious single-story 3-bedroom home features a show-stopping outdoor oasis with an in-ground pool and spa, slide, multiple covered patios, built-in bar, outdoor half bath with shower—perfect for entertaining and everyday escape. Inside offers a sunken living room with a two-sided fireplace, stainless steel kitchen, separate family room, and a large primary suite with spa tub. Bedrooms are privately set apart from living areas. Converted garage studio includes a full kitchen, laundry, and full bath—ideal for next-gen living or rental income.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.8 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 3,140 | 1,593.5 | 96% |
| Lot Size | 10,019 | 6,970 | 85% |
| Price | $575.0K | $353.5K | 94% |
| Price per sq ft | $183 | $220 | 39% |
| Built year | 1981 | 1959 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 349 | 5% |
Feb 5, 2026
$575,000
Initial Listing