4730 East Craig Road 1124, Las Vegas, NV 89115, Las Vegas, 89115 - 3 bed, 2 bath
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Las Vegas, NV 89115
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4730 East Craig Road 1124 Subject | $179,999* List Price | 3 | 2 | 1,159 | $162 | - |
A 4730 E Craig Road 1007 Sold | $180,000 | 3 | 2 | 1,159 | $155 | 0.3 mi |
B 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.1 mi |
C 4730 CRAIG Road 1057 Sold | $160,000 | 2 | 2 | 974 | $164 | 0.1 mi |
D 4730 E Craig Road 1007 Sold | $180,000 | 3 | 2 | 1,159 | $155 | 0.3 mi |
E 4437 Dover Straight Street 206 Sold | $192,500 List Price | 2 | 3 | 1,205 | 0.6 mi | |
F 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.
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.
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.
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.
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.
The assigned public schools have lower performance ratings, which may deter families with school-aged children and potentially limit long-term capital appreciation.
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.
Welcome home! 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! Located close to Nellis AFB!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,159 | - |
| Lot Size | 1,159 | - |
| Price | $180.0K | $217.2K |
| Price per sq ft | $155 | $219 |
| Built year | 2000 | 0 |
| HOA | $310 | $0 |
| Days on market | 35 | 828 |
Jun 17, 2026
$179,999
Initial Listing