1337 Dorothy Avenue 4, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
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Las Vegas, NV 89119
This property presents a High-Potential Investment Opportunity with a List Price of $154,000—positioned well above the $90,051 Fair Market Value by -71%. While the current list price exceeds the estimated value, the property’s Prime University Location near UNLV offers significant rental demand. Featuring a Condition Rating of 5, the unit requires a full interior rehab to modernize its original 1972 finishes. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing a value-add renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1337 Dorothy Avenue 4 Subject | $154,000* List Price | 1 | 1 | 792 | $114 | - |
A 1348 Dorothy Avenue 1 Sold | $169,000 List Price | 2 | 1 | 800 | 0.0 mi | |
B 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.1 mi |
C 1300 Lorilyn Avenue 1 Sold | $193,000 List Price | 2 | 1 | 800 | 0.1 mi | |
D 1450 Hialeah Drive D Sold | $173,000 | 2 | 2 | 976 | $177 | 0.2 mi |
E 1563 Elizabeth Avenue 4 Sold | $158,000 List Price | 2 | 1 | 1,056 | 0.2 mi | |
F 1376 Dorothy Avenue 3 Active | $183,000 List Price | 2 | 1 | 880 | $208 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 (54 years old) and explicitly described as having original finishes, this property falls into the poor category due to its age and lack of renovation. The kitchen features original 1970s cabinetry and electric coil appliances, while the interior retains popcorn ceilings and dated flooring. Although clean, the unit requires a full rehab of the kitchen, bath, and systems to meet modern standards.
Situated near UNLV, this property offers exceptional convenience for students and faculty, making it a high-demand rental opportunity with strong occupancy potential.
With a list price of $154,000, this condo provides a low-barrier entry point for investors or first-time buyers looking to enter the Las Vegas market at a competitive price per square foot.
The 'vintage Vegas' aesthetic and original 1972 finishes offer a unique personality and a solid foundation for a stylish mid-century modern renovation project.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2812, other record lot size in square feet = 1892.
The original 1972 finishes and age of the building suggest that the unit may require significant capital expenditures for modernization and potential system repairs.
The assigned middle and high schools have low performance ratings, which may limit the property's appeal to a broader demographic of long-term residents.
A true vintage Vegas gem near UNLV! This 1-bedroom residence embraces its original 1972 finishes with style and personality, offering a nostalgic retro aesthetic rarely found today. Covered carport parking and a prime central location close to campus, dining, and entertainment make this an ideal opportunity for students, investors, or buyers seeking a potential college rental near UNLV.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 39% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 792 | 800 | 45% |
| Lot Size | 2,812 | - | 85% |
| Price | $154.0K | $107.5K | 75% |
| Price per sq ft | $194 | $162 | 66% |
| Built year | 1972 | 1980 | 17% |
| HOA | $285 | $175 | 86% |
| Days on market | 14 | 1425 | 1% |
May 23, 2026
$154,000
Initial Listing
Apr 3, 1995
$52,000
Public Record