
Las Vegas, NV 89129
This Turnkey Residential Income Asset is listed at $445,000, representing a stable Northwest Las Vegas acquisition relative to its $395,482 Fair Market Value. The property maintains a Fair Condition Rating, featuring original 2003 finishes across 1,674 sqft, but offers immediate cash flow with a long-term tenant in place. With a low $32 monthly HOA and proximity to Irwin & Susan Molasky Junior High, the home balances low overhead with consistent rental demand. This is a strategic opportunity for Buy-and-Hold Investors or Portfolio Diversifiers seeking a proven performer.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7737 Prosperity River Avenue Subject | $445,000* List Price | 3 | 4 | 1,674 | $236 | - |
A 7720 Prosperity River Avenue Sold | $385,000 | 3 | 3 | 1,818 | $212 | 0.0 mi |
B 3758 Norton Drive Sold | $400,000 | 3 | 3 | 1,776 | $225 | 0.3 mi |
C 3971 Coyote Ridge Court Sold | $419,900 List Price | 3 | 3 | 1,674 | 0.4 mi | |
D 8233 Rocky Bluff Way Sold | $450,000 | 3 | 3 | 1,802 | $250 | 0.7 mi |
E 3974 Diamond Gem Court Sold | $425,000 | 3 | 3 | 2,038 | $209 | 0.2 mi |
F 8117 Ahey Road Sold | $385,000 List Price | 3 | 3 | 1,824 | 0.5 mi | |
G 3708 Bronco Billy Court Active | $395,000 List Price | 3 | 3 | 1,662 | $238 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this 22-year-old property falls into the 'fair' category as it exceeds the 20-year threshold without mention of recent major renovations. While the exterior appears well-maintained and the property is currently tenant-occupied, the age suggests that major systems and interior finishes (kitchen/bathrooms) are likely original and show signs of being outdated compared to current market standards.
The property features a long-term tenant already in place, providing immediate cash flow and a proven ROI for investors from the date of purchase.
Situated in a highly desirable Northwest Las Vegas neighborhood, the home offers convenient access to established shopping, dining, and local amenities.
With a monthly association fee of only $32, this property boasts significantly lower overhead costs compared to many other residential communities in the valley.
The presence of a long-term tenant makes this property less suitable for traditional buyers looking for an immediate primary residence.
The assigned middle and high schools carry modest ratings (3-5), which may be a drawback for families prioritizing top-tier educational performance.
Wonderful investment property with a long term tenant in place. Good ROI, starting immediately. Two-story three bedroom two bath home boasting over 1600 ft.² of living space in a desirable Northwest corner of the valley located near shopping and dining makes this a solid opportunity.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 1,674 | 2,038 | 33% |
| Lot Size | 3,485 | 5,227 | 22% |
| Price | $445.0K | $390.0K | 63% |
| Price per sq ft | $266 | $209 | 79% |
| Built year | 2003 | 1999 | 65% |
| HOA | $32 | $25 | 53% |
| Days on market | 262 | 790 | 39% |
Aug 3, 2025
$445,000
Initial Listing