1381 East University Avenue 307, Las Vegas, NV 89119, Las Vegas, 89119 - 1 bed, 1 bath
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Las Vegas, NV 89119
This High-Potential Investment Opportunity is listed at $129,000, positioned above the $117,693 Fair Market Value. While the property carries a Condition Rating of 4, it offers a unique value-add proposition through its Strip views and prime UNLV-adjacent location. The unit features a flexible floor plan and in-unit laundry, making it a functional asset for high-demand rental markets. Despite lower-rated local schools, the proximity to major transit and employment hubs ensures consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 East University Avenue 307 Subject | $129,000* List Price | 1 | 1 | 500 | $230 | - |
A 1381 UNIVERSITY Avenue 202 Sold | $106,450 | 1 | 1 | 500 | $213 | 0.0 mi |
B 1381 E UNIVERSITY Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
C 1361 E UNIVERSITY Avenue 111 Sold | $105,000 | 1 | 1 | 500 | $210 | 0.0 mi |
D 1361 UNIVERSITY Avenue 111 Sold | $105,000 | 1 | 1 | 500 | $210 | 0.0 mi |
E 1361 E University 111 Sold | $105,000 | 1 | 1 | 500 | $210 | 0.0 mi |
F 1381 E University Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
G 1381 E University Avenue 102 Sold | $107,500 | 1 | 1 | 500 | $215 | 0.0 mi |
H 1361 E University Avenue 111 Sold | $105,000 | 1 | 1 | 500 | $210 | 0.0 mi |
I 1381 E University Avenue 208 Active | $125,000 List Price | 1 | 1 | 500 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated with original popcorn ceilings and basic tile flooring. While the mention of new upper kitchen cabinets indicates a partial update, the overall age and mostly original condition of the 500 sqft space require minor repairs and cosmetic modernization to meet current standards.
The property is exceptionally located steps from UNLV and minutes from the Las Vegas Strip and Harry Reid International Airport, making it an ideal choice for students or hospitality professionals.
As a third-floor corner end unit, this residence offers increased privacy and features sought-after views of the Las Vegas Strip.
The unit includes valuable upgrades such as new upper kitchen cabinets, a versatile flex room with French doors, and the convenience of an in-unit washer and dryer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only 500 square feet for a two-bedroom layout, the living space is significantly compact, which may limit appeal for those seeking more spacious accommodations.
The assigned public schools carry low performance ratings (ranging from 2 to 3), which could be a deterrent for families and impact long-term appreciation.
Desirable corner unit in the Rebel Park community. Ideal 3rd floor end unit is steps from stairs while offering beautiful Strip views. This 1 bedroom, 1 bathroom with flex space residence features a flex room with French doors along with a spacious bedroom and closet. Full kitchen with new upper kitchen cabinets. In unit washer and dryer. Furnishings can be negotiated for inclusion. 1 assigned parking spot with plenty of guest parking. Steps from UNLV and minutes from the Las Vegas Strip, restaurants and shopping, the airport, and major highways.
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 |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 500 | - |
| Lot Size | - | - |
| Price | $129.0K | $217.2K |
| Price per sq ft | $258 | $219 |
| Built year | 1985 | 0 |
| HOA | $290 | $0 |
| Days on market | 37 | 828 |
Jun 15, 2026
$129,000
Initial Listing