
Las Vegas, NV 89108
This Two-Story Townhouse represents a High-Potential Investment Opportunity with a List Price of $209,998—positioned well below the $317,898 Fair Market Value by 33%. This significant valuation gap offers $107,900 in Instant Equity for the buyer. While maintaining a Condition Rating of 4 with original 1972 finishes, the property features a private balcony and covered patio. Currently occupied by a long-term tenant, this asset provides immediate rental income in a convenient Northwest location. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6033 Vegas Drive Subject | $198,900* List Price | 2 | 2 | 1,122 | $209 | - |
A 1646 Marathon Drive Sold | $199,000 List Price | 2 | 2 | 1,089 | 0.9 mi | |
B 1452 N Jones Boulevard Sold | $205,000 | 3 | 2 | 1,254 | $163 | 0.1 mi |
C 2040 Willowbury Drive A Sold | $206,000 | 2 | 2 | 900 | $229 | 1.0 mi |
D 5612 W Lake Mead Boulevard Sold | $254,000 | 2 | 2 | 1,122 | $226 | 0.6 mi |
E 5921 Smoke Ranch Road C Active | $182,500 List Price | 2 | 1 | 844 | $216 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is well-maintained but shows significant signs of age with mostly original or dated features. The kitchen contains older oak cabinetry, laminate countertops, and a mix of aged white appliances. While the living areas feature functional tile flooring and the home appears clean and livable for the current tenant, the overall style—including the fluorescent light boxes and older fixtures—indicates that the property has not undergone a comprehensive modern renovation in recent decades.
The property is currently occupied by a long-term tenant on a month-to-month lease who wishes to stay, providing an immediate and reliable income stream for investors.
Features both a private balcony off the primary bedroom and a covered patio off the kitchen, offering rare dual outdoor spaces for relaxation and entertaining in a townhome setting.
Situated in the established Northwest area within walking distance to local markets, providing excellent daily convenience and accessibility for residents.
Built in 1972, the home may require more frequent maintenance or updates to major systems compared to newer constructions in the area.
The $255 monthly association fee adds a significant fixed cost that may impact the net ROI for investors or the monthly budget for first-time buyers.
Charming 2-story, 2-bedroom, 2-bath townhome in Northwest area**** This well maintained home features a comfortable floor plan with primary bedroom offering direct access to a private balcony perfect for enjoying fresh air and relaxing mornings**** Step outside of the kitchen to a nice covered patio - an ideal space for relaxation or entertaining guests**** Conveniently located within walking distance to market**** The property is currently occupied by a long-time tenant on a month-to-month lease who love to stay, offering a great opportunity for investers seeking immediate rental income OR tenant can move out within 45 days of notice**** Buyer and buyer's agent to verify all info.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,122 | 940 | 77% |
| Lot Size | 871 | 1,742 | 25% |
| Price | $198.9K | $199.5K | 42% |
| Price per sq ft | $177 | $221 | 35% |
| Built year | 1972 | 1987 | 15% |
| HOA | $255 | $150 | 83% |
| Days on market | 42 | 916 | 2% |
Apr 1, 2026
$198,900
$209,998
-5% Price Drop
Initial Listing
Mar 11, 2026
$209,998
Initial Listing