1381 E University Avenue 208, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
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Las Vegas, NV 89119
This Turnkey Rental Asset is listed at $115,000, representing a stable entry point near its $109,285 Fair Market Value. Boasting a Condition Score 4, the unit is move-in ready with a New AC System, laminate flooring, and a full furniture package. Its prime location adjacent to UNLV and the Las Vegas Strip drives significant rental demand, making it a high-utility investment. Near Paradise Elementary and featuring a Community Pool and Spa, this property offers a low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a central Las Vegas residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 E University Avenue 208 Subject | $125,000* List Price | 1 | 1 | 500 | $227 | - |
A 1381 E University Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
B 1381 E University Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
C 1381 E University Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
D 1381 UNIVERSITY Avenue 202 Sold | $106,450 | 1 | 1 | 500 | $213 | 0.0 mi |
E 1381 E UNIVERSITY Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
F 1361 E University 111 Sold | $105,000 | 1 | 1 | 500 | $210 | 0.0 mi |
G 1361 E University Avenue 209 Pending | $114,900 List Price | 1 | 1 | 500 | $230 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but the kitchen and bathroom features—including oak cabinetry, white coil-top appliances, and older countertops—are dated and reflect the original 1985 style. While the unit benefits from a newer AC system and laminate flooring, it lacks the extensive modern renovations required for a higher rating.
The property is exceptionally located near UNLV, the Las Vegas Strip, and the airport, making it a highly desirable spot for students, commuters, and hospitality professionals.
This unit comes fully furnished with a recently updated AC system and in-unit washer/dryer, offering a move-in-ready experience that minimizes immediate capital expenditures for a buyer.
With a low entry price point and proximity to major employment and education hubs, this condo presents an excellent opportunity for a high-yield rental or a budget-friendly primary residence.
At only 500 square feet, the living space is quite compact, which may limit storage options and appeal to a narrower demographic of potential occupants.
The assigned public schools have low ratings (ranging from 2 to 3), which could be a deterrent for long-term appreciation and families prioritizing education.
Furnished 1-bedroom, 1-bath upstairs condo with an updated AC (approx. 1 year old). Features include laminate wood flooring, a kitchen counter bar, and tile flooring in the bathroom. The bedroom offers two closets and an ensuite full bath. Washer and dryer included in the unit. Conveniently located near UNLV, The Strip, shopping, dining, and the airport. Community amenities include a pool and spa. Ideal for anyone seeking comfort and convenience in the heart of Las Vegas.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 500 | 880 | 22% |
| Lot Size | - | - | 50% |
| Price | $125.0K | $110.0K | 63% |
| Price per sq ft | $250 | $167 | 96% |
| Built year | 1985 | 1983 | 69% |
| HOA | $270 | $175 | 80% |
| Days on market | 175 | 1510 | 20% |
Apr 14, 2026
$125,000
$115,000
+9% Price Increase
Initial Listing
Oct 29, 2025
$115,000
Initial Listing
Nov 22, 1996
$37,500
Public Record