
Las Vegas, NV 89119
This property presents a High-Potential Investment Opportunity with a List Price of $194,999—positioned well below the $195,832 Fair Market Value by 0.43%. This valuation gap offers $833 in Instant Equity. With a Condition Rating of 4, the unit is functional but dated, offering clear value-add potential through cosmetic updates. Its proximity to UNLV and the Strip ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4734 Roberta Street 2 Subject | $194,999* List Price | 2 | 2 | 1,152 | $170 | - |
A 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.5 mi |
B 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.5 mi |
C 1337 Dorothy Avenue 3 Sold | $155,000 | 2 | 1 | 880 | $176 | 0.2 mi |
D 1563 Elizabeth Avenue 4 Sold | $158,000 List Price | 2 | 1 | 1,056 | 0.1 mi | |
E 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.5 mi |
F 1433 Santa Anita Drive D Sold | $180,000 | 2 | 2 | 976 | $184 | 0.2 mi |
G 2210 E University Avenue 106 Sold | $180,000 | 2 | 2 | 1,305 | $138 | 0.6 mi |
H 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.4 mi |
I 1404 Santa Anita Drive B Active | $199,000 List Price | 2 | 3 | 1,114 | $179 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is functional but dated. The kitchen retains older cabinetry and tiled countertops, and the interior features popcorn ceilings and worn carpeting. While move-in ready for a tenant, it requires cosmetic updates and minor repairs to meet modern market standards.
The property is ideally situated near UNLV, the Las Vegas Strip, and major shopping hubs, ensuring high rental demand from students and hospitality professionals.
As a turnkey investor opportunity with a tenant already in place, this property offers immediate rental income and eliminates the initial vacancy period for new owners.
Zoned for Lewis E Rowe Elementary School, which boasts a high rating of 7, providing a significant advantage for families with young children compared to neighboring areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =85, other record lot size in square feet = 1892.
Built in 1974, the property may require more frequent maintenance and capital improvements to systems and finishes to remain competitive with newer developments.
The assigned middle and high schools have low ratings of 3 and 2 respectively, which may limit the property's appeal to families with older children and impact long-term appreciation.
Great investor opportunity with tenant in place, or make it your new home, w/close proximity to UNLV, restaurants, shopping and the Strip.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,152 | - |
| Lot Size | 85 | - |
| Price | $195.0K | $217.2K |
| Price per sq ft | $169 | $219 |
| Built year | 1974 | 0 |
| HOA | $300 | $0 |
| Days on market | 25 | 828 |
Jun 27, 2026
$194,999
Initial Listing
Oct 28, 1994
$67,500
Public Record