1401 N Michael Way 118, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
1401 N Michael Way 118
Las Vegas, NV 89108
Property Price
SUMMARY
Analysis of 1401 N Michael Way 118, Las Vegas, NV 89108 is currently available with a list price of $225,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with updated laminate flooring throughout and well-maintained systems. Built in 2002, it features a functional open-concept layout and a primary suite with double sinks and a walk-in shower. While some cabinetry and fixtures may be original to the construction year, the unit shows minimal wear and tear and requires no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- First-Floor Accessibility
The unit is located on the first floor, providing easy access without the need for stairs, which is a significant advantage for those with mobility concerns or for ease of moving.
- Spacious Primary Suite
The primary bedroom is well-appointed with a large walk-in closet and an en-suite bathroom featuring double sinks and a walk-in shower, offering a premium feel for a condo at this price point.
- Turnkey Condition
The property features modern laminate flooring throughout and includes all appliances, making it a move-in-ready option with reduced immediate out-of-pocket expenses for the buyer.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned high school has a rating of 2 out of 10, which may negatively impact the property's appeal to families and affect long-term appreciation.
- Property Age
Built in 2002, the unit is over 20 years old, meaning major systems or original fixtures may soon require maintenance or modernization to keep pace with newer market inventory.
About 1401 N Michael Way 118
Beautiful 2 bed, 2 bath condo featuring a spacious open-concept living and dining area, perfect for entertaining. The kitchen offers a convenient breakfast counter and comes with all appliances included. Enjoy stunning laminate flooring throughout the unit. The large primary bedroom boasts a walk-in closet and an en-suite bath with double sinks and a walk-in shower. An attached storage closet adds extra convenience. Located on the first floor for easy access, this unit is just minutes from major shopping centers, dining, and more. A must-see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2002
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $173 / Month
Neighborhood Insights
Las Vegas Unified Schools
J T Mcwilliams Elementary School
Grades PK-5 • 0.3 mi
Paul E Culley Elementary School
Grades PK-5 • 0.4 mi
Robert O Gibson Middle School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,259 | 1,056 | 81% |
| Lot Size | - | 720 | 46% |
| Price | $225.0K | $190.0K | 72% |
| Price per sq ft | $179 | $185 | 46% |
| Built year | 2002 | 1995 | 82% |
| HOA | $173 | $200 | 38% |
| Days on market | 166 | 725 | 20% |
Pricing History
Listed for Sale
Sep 22, 2025
$225,000
Initial Listing