4715 Mill Valley Drive, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
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Las Vegas, NV 89120
This Income-Generating Townhouse Asset is listed at $228,000, positioned above the $164,964 Fair Market Value. While the price represents a premium compared to local market trends, the property offers a stable Value-Add opportunity within a 5-unit rental portfolio. Featuring a Condition Rating of 4, the interior is functional but dated, offering potential for forced appreciation through modernization. Key highlights include End-Unit Privacy, a rare Two-Car Garage, and access to Harley Harmon Elementary and Chaparral High. This acquisition is strategically designed for Buy-and-Hold Investors or Portfolio Managers seeking consistent cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4715 Mill Valley Drive Subject | $195,000* List Price | 2 | 2 | 880 | $176 | - |
A 5052 Mountain Vista Street Active | $200,000 List Price | 2 | 1 | 880 | $227 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is in functional but dated condition, consistent with a long-term rental. The kitchen features older cabinetry, laminate countertops, and white appliances that appear to be several decades old. The bathrooms and light fixtures, including the fluorescent kitchen box, are outdated. While the property is maintained and livable, it lacks modern renovations and shows signs of age throughout its interior finishes and systems.
As a south end unit with only one shared wall, this property offers superior privacy and reduced noise compared to standard interior townhomes.
The inclusion of an attached courtyard leading to a two-car garage is a significant value-add, providing secure parking and ample storage space.
With a modest HOA fee of $155 and a location steps from the community pool, the property offers an affordable entry point for investors or first-time buyers.
The seller's preference to sell this as part of a 5-property package may complicate the acquisition process for individual buyers or those seeking traditional financing.
Built in 1972, the property may require updates to its 880-square-foot interior and major systems to meet modern efficiency and aesthetic standards.
Twp story townhouse with attached courtyard leading to two car garage. This the south end unit of the building so there is only one neighbor. Downstairs is lving room, kitchen and half bath. Two bedrooms are upstairs and and share the full bath. Steps away from the community pool. Ceiling fans in all the rooms. Seller would like to sell this unit as a 5 property package with MLS #2603170, 2732149, 2732150 and 2732151. Total of 4 condos and this townhouse, all rented out.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 880 | 1,430 | 4% |
| Lot Size | 1,307 | 1,742 | 39% |
| Price | $195.0K | $255.0K | 36% |
| Price per sq ft | $222 | $181 | 82% |
| Built year | 1972 | 1973 | 7% |
| HOA | $155 | $220 | 36% |
| Days on market | 384 | 834 | 50% |
Apr 21, 2026
$195,000
$228,000
-14% Price Drop
Initial Listing
Apr 3, 2025
$228,000
Initial Listing