
Las Vegas, NV 89119
This Fully Remodeled Condominium represents a High-Potential Investment Opportunity, listed at $125,000—positioned well below the $172,300 Fair Market Value by 27%. This significant valuation gap provides $47,300 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the interior features modern vinyl plank flooring, new kitchen cabinetry, and updated fixtures. Its strategic location within walking distance to UNLV and minutes from Harry Reid International Airport ensures consistent rental demand. This turnkey asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4600 University Center Drive 80 Subject | $125,000* List Price | 1 | 1 | 416 | $414 | - |
A 4600 University Center Drive 94 Sold | $125,000 | 1 | 1 | 416 | $300 | 0.0 mi |
B 1381 E University Avenue 202 Sold | $106,450 | 1 | 1 | 500 | $213 | 0.8 mi |
C 797 E Harmon Avenue 14 Sold | $122,500 | 1 | 1 | 392 | $313 | 0.1 mi |
D 797 E Harmon Avenue 14 Sold | $122,500 | 0 | 1 | 392 | $313 | 0.1 mi |
E 4600 University Center Drive 175 Active | $114,995 List Price | 1 | 1 | 416 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The unit has undergone a complete interior renovation within the last few years, featuring new vinyl plank flooring, modern shaker-style kitchen cabinetry, a contemporary honeycomb tile backsplash, and updated bathroom fixtures. Despite the 1977 build year of the complex, the individual unit's components, including the appliances and wall AC/heat unit, are new or virtually new, meeting the criteria for excellent condition.
The unit has been completely updated with modern vinyl plank flooring, new kitchen cabinetry, and a refreshed bathroom vanity, providing a turnkey solution for buyers.
Located within walking distance to UNLV and minutes from Harry Reid International Airport, this property is ideally positioned for high rental demand and convenience.
As a first-floor unit, it offers easy access without the need for stairs, making it more attractive to a wider range of tenants and residents with mobility preferences.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6692, other record lot size in square feet = 480.
The monthly association fee of $349 is relatively high given the unit's small square footage, which may impact the overall return on investment for landlords.
With only 416 square feet of living area, the compact size may limit the property's appeal to long-term residents or those requiring significant storage space.
1st Floor Unit Completely Remodeled with vinyl plank flooring, new kitchen cabinets, new sink, new bath vanity, newer wall unit a/c & Heat, and the list goes on and on. Community has pool, laundry, security, and assigned parking. Walking distance to UNLV & minutes from Harry Reid Airport. Great for investor or primary residence.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 416 | 880 | 5% |
| Lot Size | 6,692 | - | 92% |
| Price | $125.0K | $110.0K | 63% |
| Price per sq ft | $300 | $167 | 96% |
| Built year | 1977 | 1983 | 34% |
| HOA | $349 | $175 | 95% |
| Days on market | 46 | 1510 | 1% |
Mar 7, 2026
$125,000
Initial Listing
Feb 14, 1997
$33,000
Public Record