
Las Vegas, NV 89119
This Strategic University-Adjacent Condominium is listed at $175,000, positioned right at its $174,022 Fair Market Value. Boasting a Condition Rating of 4, the asset features critical mechanical updates including a 2-year-old AC unit and water heater, significantly reducing near-term maintenance risks. While the interior awaits cosmetic modernization, the prime location near UNLV and the Las Vegas Strip ensures consistent rental demand. With access to a community pool and the 7-rated Lewis E Rowe Elementary, this is a stable acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1452 Dorothy Avenue 2 Subject | $175,000* List Price | 2 | 1 | 880 | $198 | - |
A 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.1 mi |
B 1300 Lorilyn Avenue 1 Sold | $193,000 List Price | 2 | 1 | 800 | 0.2 mi | |
C 1337 Dorothy Avenue 3 Sold | $155,000 | 2 | 1 | 880 | $176 | 0.1 mi |
D 1348 Dorothy Avenue 1 Sold | $169,000 List Price | 2 | 1 | 800 | 0.1 mi | |
E 1467 HIALEAH Drive D Sold | $163,000 | 2 | 2 | 976 | $167 | 0.1 mi |
F 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.5 mi |
G 1453 Dorothy Avenue 4 Active | $200,000 List Price | 2 | 1 | 792 | $253 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old but avoids 'tear-down' status due to key updates. While the HVAC and water heater are excellent (2 years old) and the laminate flooring is modern, the kitchen remains dated with older wood cabinetry and coil-top appliances. The interior features popcorn ceilings and dated mirrored walls, indicating a need for further cosmetic modernization to meet current market standards.
The property is ideally situated near UNLV and the Las Vegas Strip, offering high appeal for student rentals, hospitality workers, and investors seeking a high-demand area.
With an AC unit and water heater only two years old, the property offers significant value and reduced immediate maintenance costs for the buyer.
The University Crest community provides an extensive amenity package, including a clubhouse, pool, tennis courts, and a dog park, which enhances the lifestyle quality for residents.
The assigned middle and high schools have low ratings (3 and 2 respectively), which may deter families with school-aged children and impact long-term appreciation.
Featuring only one bathroom for a two-bedroom unit can be a significant drawback for roommates or small families, potentially limiting the pool of prospective tenants or buyers.
Charming 2-bedroom, 1-bath condo with an open downstairs living area featuring laminate flooring and direct access to a covered parking space. Upstairs offers two well-sized bedrooms and a full bath. 2 years young AC unit and water heater! Enjoy community amenities including a clubhouse, pool, tennis courts, and dog park. Conveniently located near UNLV, shopping, dining, and the Las Vegas Strip, this is a great opportunity for both owner-occupants and investors. Great location and community, great opportunity!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.2 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 | - | - | 50% |
| Price | $175.0K | $110.0K | 80% |
| Price per sq ft | $199 | $167 | 68% |
| Built year | 1972 | 1983 | 13% |
| HOA | $275 | $175 | 85% |
| Days on market | 7 | 1510 | 1% |
Apr 15, 2026
$175,000
Initial Listing