1401 N Michael Way 228, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Inviting Residential Condominium in Mannetta Lane represents an affordable entry point into the Las Vegas market with a List Price of $215,000. Positioned relative to a $191,611 Fair Market Value, the residence maintains a Condition Rating of 4, featuring original finishes and essential mechanical upgrades like a recently renewed water heater. The 1,075 sq ft layout offers LED lighting and excellent natural light. Proximity to J T Mcwilliams Elementary and Robert O Gibson Middle School adds local appeal. This property is best suited for first-time buyers or Owner-Occupants seeking a stable, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 N Michael Way 228 Subject | $210,000* List Price | 2 | 2 | 1,075 | $189 | - |
A 4516 W Lake Mead Boulevard 101 Sold | $170,000 | 2 | 2 | 1,081 | $157 | 1.0 mi |
B 1900 N TORREY PINES Drive 221 Sold | $200,000 | 2 | 2 | 1,022 | $196 | 1.0 mi |
C 1401 N Michael Way 118 Active | $219,000 List Price | 2 | 2 | 1,259 | $174 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2001 (23 years old) and remains largely in its original state with functional but outdated features. The kitchen contains original oak-style cabinetry and white appliances, and while the unit is well-maintained and move-in ready with minor updates like LED lighting and a newer water heater, it lacks the comprehensive modern renovation or more recent construction date required for a higher score.
Priced at $215,000, this 2-bedroom condo represents an affordable entry point into the Las Vegas real estate market, offering strong potential for first-time buyers or rental investors.
The unit features a recently renewed water heater and updated LED lighting, reducing immediate maintenance concerns and improving energy efficiency for the new owner.
With 1,075 sq ft of living space, the property offers a generous floor plan characterized by excellent morning natural light and ample storage, enhancing the overall sense of space.
The assigned high school has a low rating of 2, which may deter families prioritizing education and could potentially limit long-term appreciation compared to higher-rated zones.
Built in 2001, the property may require cosmetic updates and modernizations to compete with the aesthetic standards of newer condominium developments in the Las Vegas area.
Welcome to this inviting 2-bedroom, 2-bath condo in the Mannetta Lane community near Decatur and Washington. This well-designed unit offers approximately 1,075 sq ft of living space with a comfortable layout, beautiful morning natural light, and LED lighting in the living room. Features include a recently renewed water heater, generous storage space, and a warm, welcoming atmosphere. Conveniently located near shopping, dining, and major roadways.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,075 | 1,056 | 59% |
| Lot Size | 5,911 | - | 82% |
| Price | $210.0K | $185.0K | 70% |
| Price per sq ft | $195 | $176 | 62% |
| Built year | 2001 | 1995 | 80% |
| HOA | $263 | $200 | 87% |
| Days on market | 43 | 1459 | 1% |
Apr 14, 2026
$210,000
$215,000
-2% Price Drop
Initial Listing
Mar 11, 2026
$215,000
Initial Listing