5073 Gains Mill Street, Las Vegas, NV 89122, Las Vegas, 89122 - 4 bed, 2 bath
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Las Vegas, NV 89122
This Cash-Flowing Residential Asset is listed at $349,000, aligning with its $349,000 Fair Market Value to offer a stable entry point. The property delivers immediate utility with a long-term tenant in place and No HOA fees, ensuring lower overhead. Featuring a functional 4-bedroom layout, tile flooring, and a covered patio on a 6,970 sq ft lot, it provides high-demand amenities like a 2-car garage. Despite a Condition Rating of 4 and low local school ratings, the asset’s configuration makes it a strategic choice for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5073 Gains Mill Street Subject | $349,000* List Price | 4 | 2 | 1,458 | $239 | - |
A 5249 Sun Valley Drive Sold | $350,000 | 4 | 2 | 1,698 | $206 | 0.5 mi |
B 5154 BROWNWOOD Avenue Sold | $415,000 | 3 | 2 | 1,472 | $282 | 0.1 mi |
C 5831 Brienholt Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.8 mi |
D 5831 BRIENHOLT Avenue Sold | $420,000 | 4 | 2 | 1,528 | $275 | 0.8 mi |
E 5022 Carmel Avenue Sold | $370,000 | 5 | 2 | 1,599 | $231 | 0.3 mi |
F 5115 Brownwood Avenue Sold | $315,000 List Price | 3 | 2 | 1,390 | 0.2 mi | |
G 5259 Chattanooga Avenue Pending | $350,000 List Price | 4 | 2 | 1,451 | $241 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is functional and currently occupied by a long-term tenant, but it is categorized as fair due to its age and 'aging infrastructure' noted in the listing. While it features durable tile flooring and a functional layout, the lack of recent major renovations and the 50+ year age suggest that systems and cosmetic features like the kitchen and bathrooms are likely outdated and will require minor updates or repairs to meet modern standards.
The property features a long-term tenant already in place and no HOA fees, providing immediate cash flow and lower monthly overhead for investors.
The home sits on a generous 6,900+ sq ft lot with a 2-car garage and a covered patio, offering high-demand features that enhance tenant retention.
A rare 4-bedroom configuration in a single-story footprint with durable tile flooring and an open layout, maximizing utility and rental appeal.
Built in 1972, the property may require more frequent maintenance or updates to major systems compared to newer residential developments in the Las Vegas area.
The local assigned schools carry low ratings (2/10 and 3/10), which may impact long-term resale value or appeal to families prioritizing education.
Investment Property With Long-Term Tenant — No HOA! Great opportunity to add a strong, cash-flowing rental to your portfolio. This single-story 4-bedroom home sits on a large 6,900+ sq ft lot. The home features an open layout, tile flooring, a cozy fireplace. Outside offers a big backyard, covered patio, 2-car garage, all high-demand amenities that help retain long-term renters. With no HOA and a strong rental location near shopping, schools, and major roads, this property delivers stability. A smart addition for any portfolio.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,458 | 1,528 | 42% |
| Lot Size | 6,970 | 4,792 | 83% |
| Price | $349.0K | $349.0K | 50% |
| Price per sq ft | $239 | $217 | 65% |
| Built year | 1972 | 2005 | 11% |
| HOA | $0 | $56 | 44% |
| Days on market | 134 | 1001 | 10% |
Dec 9, 2025
$349,000
Initial Listing
Nov 17, 1997
$106,000
Public Record