5905 Clover Canyon Lane, Las Vegas, NV 89142, Las Vegas, 89142 - 3 bed, 3 bath
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Las Vegas, NV 89142
This Income-Producing Residential Asset is a High-Potential Investment Opportunity listed at $382,500, representing a stable acquisition near its $358,254 Fair Market Value. Currently tenant-occupied on a month-to-month lease, the property offers immediate cash flow and a Condition Rating of 4, signaling significant value-add potential through cosmetic interior updates. Located within walking distance of Mendoza Elementary and Las Vegas High School, the home features a functional layout and a low $40 HOA. This is an ideal strategic play for Buy-and-Hold Investors or Owner-Occupants seeking a property with built-in income and long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5905 Clover Canyon Lane Subject | $382,500* List Price | 3 | 3 | 1,594 | $225 | - |
A 6100 Apple Orchard Drive Sold | $410,000 | 3 | 3 | 1,669 | $246 | 0.4 mi |
B 6057 Bing Cherry Drive Sold | $405,000 | 3 | 2 | 1,632 | $248 | 0.8 mi |
C 6173 American Beauty Avenue Sold | $380,000 | 3 | 2 | 1,632 | $233 | 0.6 mi |
D 2316 Tulip Field Street Sold | $394,000 | 3 | 2 | 1,330 | $296 | 0.5 mi |
E 5915 Woodfield Drive Sold | $395,000 | 4 | 3 | 1,636 | $241 | 0.2 mi |
F 6058 Grape Blossom Avenue Sold | $276,900 | 3 | 3 | 1,608 | $172 | 0.8 mi |
G 5686 Roundrock Drive Active | $395,000 List Price | 3 | 3 | 1,636 | $241 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is approximately 20 years old and appears to be in mostly original condition with visible signs of wear. The kitchen features dated oak-style cabinetry and older white appliances. Interior images show worn carpeting in the bedrooms and stairs, as well as a bathroom that requires repainting and cleaning due to visible wall staining. While the home is functional and 'investor-ready,' it lacks recent renovations and requires cosmetic updates to flooring, paint, and fixtures to meet current market standards.
The property is currently tenant-occupied on a month-to-month lease, providing investors with instant cash flow and the flexibility to either renew at market rates or transition to owner-occupancy.
Situated in a well-established neighborhood near major roadways, shopping, and dining, the home is also within walking distance to Mendoza Elementary and Las Vegas High School, ensuring high desirability.
Built in 2004, this relatively modern home features a functional 3-bedroom layout and a very low monthly association fee of $40, maximizing the net operating income for potential owners.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Being tenant-occupied can complicate the showing process and may require a notice period for buyers intending to move in, potentially deterring those needing immediate possession.
While the property is conveniently located near several schools, the local public institutions currently hold average ratings, which may be a consideration for families prioritizing top-tier educational performance.
Investor-ready opportunity in a well-established Las Vegas neighborhood! This property at 5909 Clover Canyon is currently tenant-occupied with a month-to-month lease in place, offering immediate rental income with flexibility for future plans. Ideal for investors looking to expand their portfolio or buyers seeking the option to occupy down the line. The home features a functional layout with solid bones and strong long-term potential. Conveniently located near shopping, dining, and major roadways, making it attractive for tenants and homeowners alike. Don’t miss this chance to secure a property with built-in income and upside potential.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,594 | 1,594 | 50% |
| Lot Size | 4,792 | 4,792 | 50% |
| Price | $382.5K | $320.0K | 69% |
| Price per sq ft | $240 | $212 | 65% |
| Built year | 2004 | 1994 | 79% |
| HOA | $40 | $0 | 86% |
| Days on market | 16 | 1367 | 1% |
Apr 6, 2026
$382,500
Initial Listing