1441 Dorothy Avenue 2, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
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Las Vegas, NV 89119
This Income-Generating Residential Asset is listed at $159,000, representing a stable entry point near its $154,688 Fair Market Value. Currently Tenant-Occupied until 2027 at $1,250 per month, the property provides immediate cash flow with a Fair Condition Rating supported by recent Energy-Efficient Windows and interior paint. Its prime location near UNLV and the Las Vegas Strip drives consistent rental demand, while the 7-rated Lewis E Rowe Elementary adds local value. This is an ideal acquisition for Buy-and-Hold Investors or first-time investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1441 Dorothy Avenue 2 Subject | $159,000* List Price | 2 | 1 | 880 | $176 | - |
A 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.1 mi |
B 1337 Dorothy Avenue 3 Sold | $155,000 | 2 | 1 | 880 | $176 | 0.1 mi |
C 1348 Dorothy Avenue 1 Sold | $169,000 List Price | 2 | 1 | 800 | 0.1 mi | |
D 1467 HIALEAH Drive D Sold | $163,000 | 2 | 2 | 976 | $167 | 0.2 mi |
E 1563 Elizabeth Avenue 4 Sold | $158,000 List Price | 2 | 1 | 1,056 | 0.1 mi | |
F 1433 Santa Anita Drive D Sold | $180,000 | 2 | 2 | 976 | $184 | 0.1 mi |
G 1452 Dorothy Avenue 2 Active | $175,000 List Price | 2 | 1 | 880 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1972, making it over 50 years old. While it has received recent cosmetic updates including new carpet, fresh paint, and energy-efficient vinyl windows, it remains a dated unit. The lack of a full kitchen and bathroom remodel, combined with the age of the building, fits the criteria for fair condition.
Ideally situated near UNLV, the Las Vegas Strip, and Harry Reid International Airport, this property is in a high-demand area for renters and students.
The property is currently tenant-occupied at $1,250 per month through February 2027, offering investors guaranteed immediate income and a turnkey rental opportunity.
The unit features several recent improvements, including new carpet, fresh paint, energy-efficient vinyl windows, and a newer water heater, reducing immediate maintenance concerns.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =880, other record lot size in square feet = 1892.
The long-term lease commitment until 2027 makes this property unsuitable for buyers looking for immediate primary occupancy or the ability to quickly raise rents to market value.
The assigned middle and high schools have low performance ratings (3 and 2 respectively), which may limit the property's appeal to families with school-aged children.
Investor opportunity with this 2-bedroom, 1-bath, two-story condo ideally situated near UNLV and the central Las Vegas strip, just minutes from the airport, shopping, dining, public transit, and freeways. Currently tenant-occupied at $1,250 per month until 2/2027, this property is perfect for investors seeking immediate income or buyers planning for future occupancy. Inside, the home has been thoughtfully updated with new carpet, fresh paint, a newer water heater, and energy-efficient vinyl windows. A convenient laundry space includes a washer/dryer combo. Additional highlights include a 2-car covered carport with direct access into the kitchen through a secure entry door, plus a storage closet. The community has a sparkling pool, tennis courts, a clubhouse, and a dog park. Offered at one of the lowest price-per-square-foot values in the community, this is a great investment in a high-demand location with low property taxes.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 880 | 880 | 50% |
| Lot Size | 880 | 216 | 59% |
| Price | $159.0K | $107.5K | 78% |
| Price per sq ft | $181 | $164 | 66% |
| Built year | 1972 | 1980 | 19% |
| HOA | $300 | $175 | 91% |
| Days on market | 56 | 1579 | 2% |
Apr 21, 2026
$159,000
Initial Listing