9859 Erins Grove Court, Las Vegas, NV 89147, Las Vegas, 89147 - 4 bed, 3 bath
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Las Vegas, NV 89147
This property represents a High-Potential Investment Opportunity, listed at a List Price of $518,000—positioned above the $493,549 Fair Market Value. While the property currently trades at a premium, it offers a stable, turnkey Asset with a long-term tenant secured through 2029. Featuring a 4-bedroom, 3-bathroom layout with a convenient main-level bedroom, the home maintains a Condition Rating of 4. This is a reliable, low-overhead acquisition ideal for Buy-and-Hold Investors or Passive Income Seekers prioritizing immediate cash flow over short-term equity gains.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9859 Erins Grove Court Subject | $518,000* List Price | 4 | 3 | 2,447 | $203 | - |
A 4378 MANGROVE BAY Street Sold | $458,500 | 4 | 3 | 2,447 | $187 | 0.5 mi |
B 9115 Sangria Lane Sold | $435,000 | 4 | 3 | 2,280 | $191 | 0.9 mi |
C 9112 W Naples Drive Sold | $569,000 List Price | 4 | 3 | 2,500 | 1.0 mi | |
D 9683 Sound View Avenue Sold | $420,000 | 3 | 2 | 1,658 | $253 | 0.3 mi |
E 9917 Canyon Peak Drive Active | $507,777 List Price | 4 | 3 | 2,454 | $207 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 21 years old and retains its original builder-grade finishes. The kitchen and bathrooms feature dated oak cabinetry, laminate countertops, and older white appliances. While functional and currently leased, the home is over the 20-year threshold and requires cosmetic updates to meet modern standards.
The property is a turnkey investment with a quality long-term tenant secured through March 2029, ensuring immediate and consistent cash flow for the next several years.
The 2,447 sq ft layout includes a highly desirable main-level bedroom, increasing its appeal for multi-generational living or tenants seeking accessibility.
With an exceptionally low HOA fee of only $33 per month and the tenant responsible for all utilities, the property offers minimized overhead for the owner.
The current rent of $1,950 on a $518,000 list price represents a relatively low gross yield, which may not meet the ROI requirements of aggressive investors in the current market.
The 'as-is' sale condition combined with a 'do not disturb occupants' policy limits initial physical due diligence and may hide potential deferred maintenance issues.
Turnkey investment opportunity in an established southwest Las Vegas community. Fully leased single-family home with a quality long-term tenant in place through March 31, 2029, at $1,950/month. 4 bed / 3 bath, 2,447 sq ft, 2-car garage — 4bedroom conveniently located on the main level. HOA $33/mo. Tenant pays utilities. Property is part of a 12-home Las Vegas SFR portfolio available bulk purchase — contact listing agent for full portfolio package and rent roll. Do not disturb occupants. All showings by appointment through the agent with proper tenant notice per NRS 118A. Offered as-is; seller makes no representations regarding future tenancy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,447 | - |
| Lot Size | 3,920 | - |
| Price | $518.0K | $474.8K |
| Price per sq ft | $212 | $257 |
| Built year | 2003 | 0 |
| HOA | $33 | $0 |
| Days on market | 47 | 526 |
Jun 5, 2026
$518,000
Initial Listing
Aug 18, 2014
$237,000
Public Record