1401 North Michael Way 243, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This High-Potential Investment Opportunity is a 2-bedroom, 2-bathroom condominium listed at $190,000, positioned well below the $194,114 Fair Market Value by 2%. This valuation gap provides $4,114 in Instant Equity. With a Condition Rating of 4, the unit features original finishes, offering a clear path for cosmetic value-add. Residents enjoy a gated community with a pool and private balcony. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 North Michael Way 243 Subject | $180,000* List Price | 2 | 2 | 1,075 | $173 | - |
A 1858 N Decatur Boulevard 101 Sold | $165,000 | 2 | 2 | 945 | $175 | 0.8 mi |
B 1401 North Michael Way 240 Active | $219,000 List Price | 2 | 2 | 1,075 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, this 21-year-old condo features original kitchen and bathroom finishes, including laminate countertops and basic cabinetry. While functional and move-in ready, the interior is dated and shows age-appropriate wear, fitting the criteria for a property needing minor cosmetic updates.
Situated within a secure, gated community, the property offers residents access to a refreshing pool and includes a private balcony, enhancing both safety and lifestyle appeal.
The 1,075 sqft floor plan features a seamless integration of living, dining, and kitchen spaces, complete with essential appliances like a microwave, dishwasher, and refrigerator.
Listed at $190,000 for a 2-bedroom, 2-bathroom unit, this property represents a highly affordable opportunity for first-time buyers or investors in the Las Vegas market.
The assigned high school, Western High School, holds a low rating of 2, which may be a concern for families prioritizing school district performance.
The property is subject to a recurring monthly association fee of $263, which adds to the ongoing cost of ownership and impacts overall affordability.
Discover unparalleled comfort and convenience in this captivating Las Vegas condo, where modern living meets an exceptional community atmosphere. This 2nd floor two-bed / two-bath condo boasts 1065 sqft. The open-concept living area seamlessly integrates dining and kitchen spaces, perfect for relaxation and entertaining. The functional kitchen comes equipped with a microwave, dishwasher, and refrigerator. Step outside to a private balcony, an ideal spot for tranquil moments. The community enhances your lifestyle with a refreshing pool. Located in a secure, gated community, this condominium is a true sanctuary, blending indoor comfort with desirable outdoor amenities and a prime location in Las Vegas.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,075 | - |
| Lot Size | 1,075 | - |
| Price | $180.0K | $217.2K |
| Price per sq ft | $167 | $219 |
| Built year | 2003 | 0 |
| HOA | $263 | $0 |
| Days on market | 28 | 828 |
Jul 11, 2026
$180,000
$190,000
-5% Price Drop
Initial Listing
Jun 24, 2026
$190,000
Initial Listing