4730 East Craig Road 1124, Las Vegas, NV 89115, Las Vegas, 89115 - 3 bed, 2 bath
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4730 East Craig Road 1124
Las Vegas, NV 89115
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,159Sq Ft
1,159Lot Size
Property Price
LIST PRICE$179,999
EST. MARKET VALUE
$179,999
SUMMARY
This Prime Investment Opportunity is a 3-bedroom condominium listed at $179,999, positioned well below the $187,121 Fair Market Value by 3%. This valuation gap provides $7,122 in Instant Equity. Featuring a Fair Condition Rating, the unit offers a turnkey, ground-floor layout with a pool, spa, and patio. Its proximity to Nellis AFB ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance property in a high-demand location.
Estimated Market Value
$179,999
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 |
|---|---|---|---|---|---|---|
★ 4730 East Craig Road 1124 Subject | $179,999* List Price | 3 | 2 | 1,159 | $155 | - |
A 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.1 mi |
B 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.1 mi |
C 4437 Dover Straight Street 206 Sold | $192,500 List Price | 2 | 3 | 1,205 | 0.6 mi | |
D 4730 E Craig Road 1106 Active | $229,900 List Price | 3 | 2 | 1,159 | $198 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000, this 26-year-old property falls into the 'Fair' category. While it features fresh paint and is functional/move-in ready, the kitchen and appliances are dated, and the overall aesthetic reflects its original construction era without a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Ground Floor Accessibility
As a first-floor unit, this property offers convenient entry without the hassle of stairs, making it highly attractive for a broad range of buyers, including those with mobility preferences.
- Strategic Location
The property's close proximity to Nellis Air Force Base provides a strong built-in demand for both owner-occupants and investors looking for a reliable rental market.
- Turnkey Condition
With freshly painted walls and cabinets, ceramic tile flooring, and included appliances, the unit is move-in ready, minimizing immediate renovation costs for the new owner.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned public schools have lower performance ratings, which may deter families with school-aged children and potentially limit long-term capital appreciation.
- High HOA-to-Price Ratio
The $310 monthly association fee is relatively high compared to the $179,999 list price, which increases the total monthly carrying cost and may impact buyer affordability.
About 4730 East Craig Road 1124
Bring us an Offer! Welcome home! NEW A/C UNIT! This lovely first floor unit features ceramic tile floors, freshly painted walls and cabinets a gas stove, and a stackable washer and dryer. Enjoy the large living room with the gas fireplace, the open floor plan is spacious and perfect for entertaining! The primary bedroom has a door to the patio and nice size bathroom. This beautiful community has a pool, club house and spa! Water heater and washer and dryer are 3 years old. Agent and or buyer to verify all information.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 1,159 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
J E Manch Elementary School
Grades PK-5 • 0.5 mi
3/10
Zel & Mary Lowman Elementary School
Grades PK-5 • 0.6 mi
3/10
Lomie G Heard Elementary School
Grades PK-5 • 1.0 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,159 | 1,059.468 |
| Lot Size | 1,159 | 6,055.359 |
| Price | $180.0K | $225.8K |
| Price per sq ft | $155 | $213 |
| Built year | 2000 | 1996 |
| HOA | $310 | $254 |
| Days on market | 84 | 71 |
Pricing History
Listed for Sale
Jun 17, 2026
$179,999
Initial Listing