9931 Sierra Canyon Way, Las Vegas, NV 89147, Las Vegas, 89147 - 4 bed, 3 bath
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Las Vegas, NV 89147
This High-Potential Investment Opportunity is a 4-bed, 3-bath Single Family Residence listed at $523,100—positioned well below the $544,698 Fair Market Value by 3%. This valuation gap offers $21,598 in Instant Equity. With a Fair Condition Rating, the property features a stable long-term tenant through 2027, providing immediate cash flow. The No HOA status and Southwest Las Vegas location enhance long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9931 Sierra Canyon Way Subject | $523,100* List Price | 4 | 3 | 2,382 | $228 | - |
A 3772 S Jensen Street Sold | $465,000 | 3 | 3 | 2,207 | $211 | 0.1 mi |
B 3719 Morning Canyon Street Sold | $460,000 | 4 | 3 | 2,206 | $209 | 0.4 mi |
C 3790 Tranquil Canyon Court Sold | $488,000 | 4 | 3 | 2,206 | $221 | 0.5 mi |
D 9993 Lemon Valley Avenue Sold | $515,000 | 5 | 3 | 2,366 | $218 | 0.1 mi |
E 9890 W Cherokee Avenue Sold | $595,000 | 4 | 4 | 2,946 | $202 | 0.1 mi |
F 9993 Peach Flower Court Sold | $588,000 | 4 | 3 | 2,366 | $249 | 0.1 mi |
G 9993 Peach Flower Court Sold | $588,000 | 4 | 3 | 2,366 | $249 | 0.1 mi |
H 10015 Cambridge Blue Avenue Sold | $413,800 List Price | 3 | 3 | 1,833 | 0.2 mi | |
I 9812 Antelope Canyon Avenue Active | $559,000 List Price | 5 | 4 | 2,768 | $202 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property exceeds the 20-year threshold for 'Good' condition. While the interior shows some updates like laminate flooring and plantation shutters, the 'as-is' sale status and age suggest that major systems, kitchen, and bathrooms are likely dated and approaching the end of their typical lifecycle, requiring minor repairs or modernization.
The absence of a Homeowners Association (HOA) significantly reduces monthly carrying costs and offers greater flexibility for the owner, a highly desirable feature in the Las Vegas market.
This turnkey investment features a long-term tenant in place through January 2027 at $2,585/month, providing immediate and stable rental income for the new owner.
Situated in a desirable southwest neighborhood, the property benefits from strong demand and proximity to local amenities, enhancing its long-term appreciation potential.
The property is tenant-occupied with strict 'do not disturb' instructions, making showings and physical inspections more difficult to coordinate compared to vacant homes.
Sold in as-is condition with no seller representations regarding future tenancy or repairs, which may require the buyer to budget for unforeseen maintenance or upgrades.
Turnkey investment opportunity in a desirable southwest Las Vegas neighborhood — no HOA! Fully leased single-family home with a quality long-term tenant in place through January 31, 2027, at $2,585/month. 4 bed / 3 bath (2 full + 1 three-quarter), 2,382 sq ft, 2-car garage. Tenant pays utilities. Property is part of a 12-home Las Vegas SFR portfolio available for 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 | 2,382 | - |
| Lot Size | 5,227 | - |
| Price | $523.1K | $474.8K |
| Price per sq ft | $220 | $257 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 526 |
Jun 5, 2026
$523,100
Initial Listing
Aug 18, 2014
$250,000
Public Record
Nov 26, 1997
$177,500
Public Record