
Las Vegas, NV 89118
This Turnkey Investor Asset is listed at $225,000, representing a stable acquisition at its $225,000 Fair Market Value. As a High-Potential Investment Opportunity, the property offers immediate cash flow with a reliable tenant in place at $1,240 per month through February 2027. The unit boasts an Excellent Condition Rating due to extensive recent upgrades, including brand new 2025 appliances, quartz countertops, and durable wood-look flooring with no carpet. These capital improvements significantly mitigate future maintenance costs, securing long-term ROI. This stabilized rental is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a low-overhead, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6650 W Warm Springs Road 2158 Subject | $225,000* List Price | 1 | 1 | 700 | $321 | - |
A 6650 WARM SPRINGS Road 1036 Sold | $240,000 | 2 | 2 | 938 | $256 | 0.1 mi |
B 6650 W Warm Springs Road 2174 Active | $215,000 List Price | 1 | 1 | 700 | $307 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone an extensive renovation within the last 5 years, qualifying it for an excellent rating. The unit features brand new 2025 appliances (refrigerator, stove, microwave, dishwasher, washer, and dryer), a 2021 water heater, and modern quartz countertops in both the kitchen and bathroom. The interior is further enhanced by a contemporary herringbone tile backsplash, updated light fixtures, and wood-look flooring throughout with no carpet, meeting high-quality current standards with no visible deferred maintenance.
The property is a turnkey 'Investor Special' with a reliable tenant already in place paying $1,240 per month through February 2027, providing guaranteed cash flow from day one.
The unit features significant capital improvements including brand new 2025 appliances, a 2021 water heater, and quartz countertops, significantly reducing near-term maintenance costs for the owner.
With wood-look flooring throughout and no carpet, the interior is both aesthetically modern and highly durable, making it ideal for long-term rental use and easy turnovers.
The existing lease agreement through early 2027 prevents owner-occupants from moving in for nearly two years, effectively limiting the buyer pool to strictly long-term investors.
At 700 square feet, the compact size of this one-bedroom unit may limit its appeal to certain demographics or tenants requiring more living and storage space.
Investor Special. Good Tenant with $1240 rent, lease end 2/28/2027. Modern Upstairs 1BR. Top-floor privacy with NO CARPET! Fully upgraded with premium wood-look flooring, Quartz countertops, and stainless steel appliances. Two-tone paint. Enjoy low-maintenance second-floor luxury. See it today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 700 | 1,034 | 14% |
| Lot Size | 8,128 | - | 80% |
| Price | $225.0K | $184.5K | 66% |
| Price per sq ft | $321 | $205 | 95% |
| Built year | 2001 | 1996 | 89% |
| HOA | $150 | $220 | 23% |
| Days on market | 136 | 986 | 11% |
Dec 7, 2025
$225,000
Initial Listing