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3116 Kings Way Las Vegas, NV $ 219,000
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3116 Kings Way
$ 219,000
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3116 Kings Way

Las Vegas, NV, 89102
$ 219,000
Bedrooms5 Baths6.0 Sq 1,434

Monthly Estimate*

$ 1,383

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Single Family Home for sale in Las Vegas, NV

for $219,000 with 5 bedrooms and 6 full baths. This 1,434 square foot home was built in 1963 on a lot size of 0.16.

This is a unique situation. The seller would like to discuss all creative options. The home is going to need substantial renovation. Property taxes 4%–6% Insurance 2%–4% Utilities (if owner-paid) 10%–15% Repairs & maintenance reserve 5%–10% Vacancy & credit loss 5%–10% Landscaping/pest control 1%–3% Capital reserves (future HVAC, roof, appliances, etc.) 5%–10% Total (self-managed) 25%–40% Gross Potential Income 5 bedrooms + studio = $6,500/month Annual = $78,000 Adjust for 90% occupancy Effective Gross Income = about $70,200/year Example expense budget (30%) Expenses ˜ $21,000/year Net Operating Income Approximately $49,000/year Using common investor cap rates: Cap Rate Value 10% $490,000 8% $612,000 A one-third interest before any minority discount would be approximately: $163,000 at a $490k valuation

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Single Family Active

Price

$ 219,000

Bedrooms

5

Full Bath

6

Property Type

Single Family

Taxes

$ 1,172

Style

Lot Size

0.16

Year Built

1963

Town/City

Las Vegas

County/Region

Clark

MLS | Web ID

2791719
Features
General
Interior Features Bedroom on Main Level Primary Downstairs None Programmable Thermostat
Sewer Public Sewer
Heating Electric Multiple Heating Units Wall Furnace
Cooling Electric None
Utilities Electricity Available
Possession See Agent
Roof Composition Shingle
Appliances Other
Exterior Features Patio Private Yard
Garage Spaces 1
Patio/Porch Features Covered Patio
Architectural Style One Story
Year Built 1963
Stories 1
Levels One
Property SubType Single Family Residence
Percent Ownership Single Family Residential
Additional Parcels Description ---
County Clark
Property Type Residential
Association Amenities None
HOA / Comm Assn 0
Energy Efficient Solar Screens Windows
Subdivision Name Richfield Village
Facing Direction South
Garage Y/N 1
Other Structures Guest House
Total Rooms 1
Status Active
Directions Sahara to Richfield Blvd to Kings way west.
High School Clark Ed. W.
City Las Vegas
Senior Community Y/N 0
Zoning Description Single Family
Lot Size Units Acres
Lot Size Square Feet 6970
Carport Spaces 2
Carport Y/N 1
Elementary School Bell Rex Bell Rex
Property Attached Y/N 0
Year Built Details RESALE
Tax Annual Amount 1172
Middle/Junior High School Cashman James
Property Condition Resale Fixer
Virtual Tour https://www.propertypanorama.com/instaview/las/2791719
Days on Market 1
Standard Status Active
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-06-22
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Interior
Flooring Concrete Linoleum Other Tile Vinyl
Furnished Y/N Unfurnished
Total Fireplaces 0
Air Conditioning Y/N 0
Heating Y/N 1
Window Features Insulated Windows Low-Emissivity Windows
Fireplace Y/N 0
Full Baths 2
Half Baths 0
3/4 Baths 4
Laundry Features Electric Dryer Hookup In Garage Main Level
Total Bedrooms 5
Total Baths 6
Bedrooms Possible 6
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Exterior
Fencing Block Back Yard
Parking Features Attached Carport Air Conditioned Garage Exterior Access Door Electric Vehicle Charging Station(s) Guest Inside Entrance Tandem
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 0.16
Spa 0
Building Area Total 1434
Lot Size Acres 0.16
Road Surface Type Paved
Horse Amenities None
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* Excluded Features
List By
Real Broker Llc

Broker

lvbrokeraj@gmail.com

Email

Affordability Calculator

$1,480
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,383
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827168 Elementary School
4826982 Middle School
Clark Ed. W. High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/16/2026 $219,000 Listed Price

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3116 Kings Way, Las Vegas, NV, 89102 is a Single Family Home for sale at $219,000 with 1,434 sqft and a lot size of 0.16. 3116 Kings Way has 5 bedrooms, 6.0 baths, and was built in 1963. The property's zip code is 89102 which is in Las Vegas, NV

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