4606 Powell Avenue, Las Vegas, NV 89121, Las Vegas, 89121 - 4 bed, 2 bath
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Las Vegas, NV 89121
This Single-Family Residence represents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $591,151 Fair Market Value by 30%. This substantial valuation gap provides $181,151 in Instant Equity for acquisition. While maintaining a Fair Condition Rating with a one-year-old roof and permitted garage conversion, the dated interior offers a clear path for forced appreciation through modernization. With No HOA fees and a functional four-bedroom layout, this asset is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4606 Powell Avenue Subject | $410,000* List Price | 4 | 2 | 1,515 | $390 | - |
A 4130 Royalhill Avenue Sold | $352,000 | 4 | 2 | 1,359 | $259 | 0.6 mi |
B 4329 Salamanca Circle Sold | $385,500 | 4 | 2 | 1,627 | $237 | 0.2 mi |
C 4498 McMillan Road Sold | $449,999 List Price | 4 | 3 | 1,611 | 0.6 mi | |
D 4464 Dennis Way Sold | $354,999 List Price | 3 | 2 | 1,620 | 0.4 mi | |
E 4945 RITA Drive Sold | $300,000 | 4 | 2 | 1,557 | $193 | 0.7 mi |
F 4869 Newton Drive Sold | $365,000 List Price | 4 | 2 | 1,269 | 0.6 mi | |
G 4533 CHARLES RONALD Avenue Active | $410,000 List Price | 4 | 2 | 1,441 | $285 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is in fair condition, benefiting from a new roof (1 year old) and fresh interior paint. However, the home remains largely dated with popcorn ceilings, older ceramic tile flooring, and basic light fixtures. While major systems like the roof and water heater have been addressed, the overall aesthetic and interior finishes reflect a property that has been maintained but not fully modernized, fitting the criteria for a home over 20 years old with functional but outdated components.
The property features significant recent maintenance, including a roof replaced only one year ago and a water heater replaced three years ago, offering peace of mind and reduced immediate capital expenditures.
Located in a community with no association fees, this home provides greater financial flexibility and lower monthly carrying costs for the homeowner.
The garage has been professionally converted with permits, effectively maximizing the square footage to provide a functional four-bedroom layout that is fully recognized in the property's value.
Built in 1972, the home may possess original systems or structural elements that require more frequent maintenance compared to newer builds in the Las Vegas market.
The assigned middle and high schools have lower performance ratings (2 and 3), which may be a drawback for families prioritizing education or impact future resale appeal.
Must see inside to appreciate. Good DEAL! Freshly new paint 4beds 2 Bath. Roofing replace a 1year ago, water heater replace 3 years ago, Garage has been converted with permits.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.9 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 | 1,515 | 1,779 | 23% |
| Lot Size | 6,534 | 7,405 | 22% |
| Price | $410.0K | $382.5K | 59% |
| Price per sq ft | $271 | $208 | 86% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 495 | 0% |
Mar 13, 2026
$410,000
Initial Listing
Mar 31, 1997
$85,000
Public Record