
Las Vegas, NV 89148
This property presents a High-Potential Investment Opportunity with a List Price of $524,100—positioned well below the $527,429 Fair Market Value by 0.63%. This valuation gap offers $3,329 in Instant Equity. Featuring a Fair Condition Rating and a stable, long-term tenant through 2027, the home provides immediate cash flow. Zoned for high-performing schools like Kathy L. Batterman Elementary, this is a Buy-and-Hold Investor asset ideal for Portfolio Builders seeking a turnkey, income-generating single-family residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5974 Loud Colors Street Subject | $524,100* List Price | 4 | 3 | 2,480 | $213 | - |
A 9739 Vista Cache Court Sold | $620,000 | 4 | 3 | 2,533 | $245 | 0.4 mi |
B 5936 MOON GARDEN Street Sold | $429,000 List Price | 4 | 3 | 2,678 | 0.2 mi | |
C 9709 Hawk Cliff Avenue Sold | $520,000 | 4 | 2 | 2,036 | $255 | 0.5 mi |
D 5521 Valley Canyon Street Sold | $620,000 | 4 | 3 | 2,722 | $228 | 0.7 mi |
E 9691 Loud Water Way Sold | $420,000 | 4 | 3 | 1,952 | $215 | 0.3 mi |
F 9644 W Diablo Drive Sold | $530,000 List Price | 4 | 3 | 2,607 | 0.7 mi | |
G 9748 Gentle Spirit Drive Sold | $579,000 | 5 | 3 | 2,678 | $216 | 0.4 mi |
H 9574 Magnificent Avenue Sold | $453,200 | 4 | 3 | 1,672 | $271 | 0.2 mi |
I 9496 Magnificent Avenue Active | $529,999 List Price | 4 | 3 | 2,144 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old and features original dated finishes such as oak cabinetry and white square tile in the bathrooms. While functional and currently leased as a turnkey investment, it meets the 'Fair' criteria due to its age and the need for cosmetic updates to align with modern market standards.
The property is a turnkey investment with a quality long-term tenant secured through March 2027, providing immediate and predictable cash flow of $2,335 per month.
Featuring 2,480 sq ft and a bedroom conveniently located on the main level, the layout appeals to a wide range of tenants and offers excellent accessibility for multi-generational living.
The home is zoned for highly-rated schools, including Kathy L. Batterman Elementary and Victoria Fertitta Middle School (both rated 8/10), which bolsters long-term asset appreciation and tenant demand.
With a lease in place until 2027 and strict 'do not disturb occupant' rules, the property is unsuitable for owner-occupants, limiting the immediate market strictly to investors.
The property is sold in as-is condition with no seller representations regarding future tenancy or maintenance, potentially requiring the buyer to absorb unforeseen repair costs.
Turnkey investment opportunity in Southern Terrace. Fully leased single-family home with a quality long-term tenant in place through March 31, 2027, at $2,335/month. 4 bed / 3 bath (2 full + 1 three-quarter), 2,480 sq ft, 2-car garage —4 bedroom conveniently located on the main level. HOA $95/mo. Tenant pays utilities. Property is part of a 12-home Las Vegas SFR portfolio available for bulk purchase — contact listing agent for full portfolio package and rent roll. Do not disturb occupants. All showings by appointment through the agent with proper tenant notice per NRS 118A. Offered as-is; seller makes no representations regarding future tenancy.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,480 | 2,065 | 72% |
| Lot Size | 6,098 | 3,920 | 82% |
| Price | $524.1K | $420.0K | 79% |
| Price per sq ft | $211 | $221 | 46% |
| Built year | 2003 | 2005 | 30% |
| HOA | $95 | $60 | 74% |
| Days on market | 13 | 889 | 0% |
Jun 5, 2026
$524,100
Initial Listing
Aug 18, 2014
$245,000
Public Record