6116 Mountain Hemlock Avenue, Las Vegas, NV 89139, Las Vegas, 89139 - 2 bed, 3 bath
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Las Vegas, NV 89139
This property represents a High-Potential Investment Opportunity, listed at a List Price of $340,000—positioned well below the $340,345 Fair Market Value by 0.1%. With a Condition Rating of 4, the home features durable hardwood flooring and a stable, long-term lease through February 2027. Located near the 215 Beltway and top-rated schools like Judith D Steele Elementary, this asset provides immediate, reliable cash flow. It is an ideal acquisition for Buy-and-Hold Investors or passive income seekers prioritizing stability over immediate occupancy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6116 Mountain Hemlock Avenue Subject | $340,000* List Price | 2 | 3 | 1,339 | $254 | - |
A 6122 Mountain Hemlock Avenue Sold | $366,000 | 3 | 3 | 1,405 | $260 | 0.0 mi |
B 7451 Grizzly Giant Street Sold | $375,000 | 3 | 3 | 1,405 | $267 | 0.1 mi |
C 6599 Netherseal Avenue Sold | $384,250 | 3 | 3 | 1,535 | $250 | 0.6 mi |
D 7435 SILURIAN Street Sold | $350,000 | 3 | 3 | 1,230 | $285 | 0.3 mi |
E 7628 Aspen Color Street Sold | $311,700 List Price | 3 | 3 | 1,502 | 0.6 mi | |
F 7435 Silurian Street Sold | $350,000 | 3 | 3 | 1,230 | $285 | 0.3 mi |
G 6283 LAPILLI Avenue Sold | $335,000 | 3 | 3 | 1,211 | $277 | 0.2 mi |
H 6283 LAPILLI Avenue Sold | $335,000 | 3 | 3 | 1,211 | $277 | 0.2 mi |
I 7431 Mariposa Grove Street Active | $365,000 List Price | 3 | 3 | 1,405 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, which exceeds the 20-year threshold for 'Good' condition. While the description highlights hardwood flooring, there is no mention of recent renovations to the kitchen, bathrooms, or major systems, suggesting original finishes that are now dated and likely require minor updates.
The property is a turnkey investment with a secured lease through February 2027, offering guaranteed cash flow and long-term stability for real estate investors.
Featuring hardwood flooring throughout, the home offers a high-end aesthetic and durable surfaces that enhance its overall appeal and long-term value.
Conveniently located near the 215 Beltway and Jones Boulevard, the property provides excellent accessibility to major transit routes and highly-rated schools like Judith D Steele Elementary.
The long-term lease commitment until 2027 prevents owner-occupants from moving in for several years, effectively limiting the buyer pool to strictly investment-focused purchasers.
With only a one-car garage and a compact lot size of 2,178 sqft, the property may be less attractive to households with multiple vehicles or those requiring significant outdoor space.
Investor special with lease through February 28, 2027. Two bedroom home with one bedroom downstairs with living room. Upstairs is kitchen and family room and primary bedroom. 1 car garage with driveway for additional car. Hardwood flooring throughout. Conviently located off 215 and Jones.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,339 | - |
| Lot Size | 2,178 | - |
| Price | $340.0K | $474.8K |
| Price per sq ft | $254 | $257 |
| Built year | 2004 | 0 |
| HOA | $70 | $0 |
| Days on market | 13 | 526 |
Jul 11, 2026
$340,000
$349,000
-3% Price Drop
Initial Listing
Jul 9, 2026
$349,000
Initial Listing