
Las Vegas, NV 89148
This Strong Value Opportunity is a Condominium listed at $200,000—positioned well below the $216,211 Fair Market Value by 7%. This valuation gap provides $16,211 in Instant Equity for the buyer. Featuring a Functional Dual-Suite Layout and a private balcony, the unit maintains a Fair Condition Rating (4/10), requiring cosmetic updates to reach its full potential. Located in a gated community with pool and fitness amenities, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9620 W Russell Road 2023 Subject | $200,000* List Price | 2 | 2 | 931 | $232 | - |
A 9580 W Reno Avenue 130 Sold | $227,000 | 2 | 2 | 884 | $257 | 0.8 mi |
B 9580 W Reno Avenue 119 Active | $219,999 List Price | 2 | 2 | 884 | $249 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property maintains its original finishes including oak cabinetry, laminate countertops, and white appliances which are now dated. The interior shows significant wear, particularly the carpets which are heavily stained and require replacement. While the systems appear functional, the unit needs cosmetic updates and minor repairs to be considered move-in ready by modern standards.
Situated in a highly desirable southwest Las Vegas area, this property offers excellent proximity to major freeways, shopping, and dining, ensuring high convenience and strong resale potential.
Located within a gated community, residents have access to a sparkling pool, fitness room, and park, providing a high-quality lifestyle and added value for the price point.
The well-designed floor plan features two full bathrooms and a private balcony, making it an ideal setup for roommates, guests, or a home office while maximizing the available square footage.
Built in 2001, the unit may require cosmetic updates or modernization of fixtures and appliances to meet the expectations of buyers looking for contemporary finishes.
At 931 square feet for a two-bedroom unit, the living areas and secondary bedroom may feel restrictive for those with larger furniture or significant storage needs.
Located in the gated Chapel Hill community, this 931 sq ft condo offers a functional layout with 2 bedrooms, 2 full baths, and a private balcony for outdoor relaxation. The open living area provides comfortable everyday living while adjacent to the kitchen and dining space creating an easy flow for daily routines. The primary suite includes its own full bath, and the secondary bedroom is ideal for guests, a home office, or flexible use. Enjoy a low maintenance lifestyle with access to community amenities including a sparkling pool, fitness room, and park/playground. Conveniently located near shopping, dining, and freeway access, this home blends comfort, convenience, and community living in a desirable southwest Las Vegas location.
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 | 931 | 972 | 17% |
| Lot Size | 11,245 | - | 83% |
| Price | $200.0K | $252.5K | 6% |
| Price per sq ft | $215 | $240 | 11% |
| Built year | 2001 | 2004 | 6% |
| HOA | $254 | $242 | 56% |
| Days on market | 29 | 239 | 6% |
May 17, 2026
$200,000
Initial Listing