
Las Vegas, NV 89141
This property presents a Strong Value Opportunity, listed at $395,000—positioned well above the $362,361 Fair Market Value by 9%. Featuring a Fair Condition Rating, this Single Family Residence offers a stable, turnkey rental asset with a long-term tenant secured through 2027. Located near the highly-rated Tarkanian Middle School, the home provides consistent cash flow in a prime Southwest Las Vegas location. This is an ideal acquisition for Buy-and-Hold Investors seeking predictable income or Portfolio Managers prioritizing tenant stability over immediate occupancy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6164 West Haleh Avenue Subject | $395,000* List Price | 3 | 3 | 1,442 | $251 | - |
A 10196 June Flower Drive Sold | $400,000 | 3 | 3 | 1,692 | $236 | 0.2 mi |
B 5614 Markley Avenue Sold | $400,000 | 3 | 2 | 1,584 | $253 | 0.5 mi |
C 6290 Majestic Hills Avenue Sold | $410,000 | 3 | 2 | 1,426 | $288 | 0.4 mi |
D 6472 Fulton Meadows Avenue Sold | $400,000 List Price | 3 | 3 | 1,558 | 0.6 mi | |
E 10130 Poppy Plant Street Sold | $388,000 | 2 | 2 | 1,257 | $309 | 0.1 mi |
F 6245 MAIDENHAIR FERN Court Sold | $425,000 | 4 | 3 | 2,009 | $212 | 0.1 mi |
G 6245 Maidenhair Fern Court Sold | $425,000 | 4 | 3 | 2,009 | $212 | 0.1 mi |
H 6247 Sugartree Avenue Sold | $429,000 | 3 | 3 | 1,740 | $247 | 0.7 mi |
I 6358 W Haleh Avenue Active | $370,000 List Price | 3 | 2 | 1,257 | $294 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old, placing it in the 'Fair' category based on age. While the home features updated LVP flooring and is very well-maintained, the kitchen remains dated with original white cabinetry and laminate countertops. The bathrooms and major systems are likely approaching the end of their typical 20-25 year lifecycle without a recent full renovation.
The property features a highly reliable tenant of over six years with a lease secured through 2027, providing immediate and predictable cash flow for investors.
Situated in a desirable area with convenient freeway access and proximity to high-rated schools, including Tarkanian Middle School with an 8/10 rating.
The home is well-maintained with evident pride of ownership, offering a functional floor plan and a private backyard that requires minimal immediate capital improvement.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Because the current lease extends through 2027, the property is unsuitable for traditional owner-occupant buyers needing a primary residence in the near term.
At 3,485 square feet, the lot is relatively small, which may limit outdoor recreational space compared to other single-family residences in the area.
Excellent opportunity to acquire a turnkey investment property with immediate, dependable cash flow. This well-maintained 3-bedroom, 2.5-bath home offers an open and functional floor plan with spacious living areas, a bright kitchen with ample cabinetry, comfortable bedrooms, and a private backyard. Pride of ownership is evident throughout, making this an attractive addition to any investment portfolio. The true value extends beyond the home itself: the property has been occupied by the same reliable tenant for more than six years, providing consistent on-time rental payments and exceptional stability. The current lease extends through 2027, and the tenant has expressed a desire to remain long term, offering a rare opportunity for investors seeking predictable income with minimal turnover. Whether you're expanding your portfolio or purchasing your first investment property, this is a chance to own a well-cared-for home with an established rental history in a desirable Southwest Las Vegas location near shopping, dining, parks, schools, and convenient freeway access.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,442 | - |
| Lot Size | 3,485 | - |
| Price | $395.0K | $474.8K |
| Price per sq ft | $274 | $257 |
| Built year | 2002 | 0 |
| HOA | $135 | $0 |
| Days on market | 16 | 526 |
Jul 6, 2026
$395,000
Initial Listing