1507 Elizabeth Avenue 3, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
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Las Vegas, NV 89119
This University-Adjacent Residential Asset is listed at $159,900, positioned accurately alongside its $156,958 Fair Market Value. Boasting a Condition Rating of 4, the interior features significant recent upgrades including new LVP flooring, fresh paint, and a remodeled 3/4 bathroom. Located directly across from UNLV and minutes from the airport, the property benefits from high rental demand and proximity to the 7-rated Lewis E Rowe Elementary. Offering the community's lowest price per square foot, this move-in-ready unit is a strategic 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 |
|---|---|---|---|---|---|---|
★ 1507 Elizabeth Avenue 3 Subject | $159,900* List Price | 2 | 1 | 880 | $178 | - |
A 1337 Dorothy Avenue 3 Sold | $155,000 | 2 | 1 | 880 | $176 | 0.2 mi |
B 1321 Lorilyn Avenue 1 Sold | $160,000 | 2 | 1 | 800 | $200 | 0.2 mi |
C 1348 Dorothy Avenue 1 Sold | $169,000 List Price | 2 | 1 | 800 | 0.2 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 | 0.2 mi |
G 1407 Dorothy Avenue 3 Active | $195,000 List Price | 2 | 1 | 880 | $222 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is move-in ready with significant recent cosmetic updates, including new LVP flooring, fresh paint, and new carpeting. However, it retains a 'Fair' rating because the kitchen features highly outdated 1970s-style cabinetry and an older electric cooktop. While the bathroom has been remodeled and the unit is well-maintained, the overall aesthetic and several major components reflect the property's 1972 build date without a full modern overhaul.
Situated directly across from UNLV and minutes from the airport, this property is in a high-demand area for student rentals and commuters.
Offered at the lowest price per square foot in the community, this unit provides a significant equity opportunity for investors and first-time buyers.
The property is move-in ready with recent upgrades including new flooring, fresh paint, and a remodeled bathroom, reducing immediate post-purchase costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2838, other record lot size in square feet = 1892.
The unit features only one bathroom for two bedrooms, which may be a drawback for roommates or families seeking more privacy and convenience.
Built in 1972, the property may lack the energy efficiency of modern builds and could require more frequent maintenance of aging infrastructure.
Discover the potential in this 2-bedrm, 1-bath, 2-story condo ideally located across from UNLV & minutes from the airport, shopping, dining, public transportation & major freeways. Offered as the lowest price per foot in the community making this home an exceptional opportunity for both homeowners & investors. Move-in ready with new flooring, paint, & remodeled 3/4 bathroom. The layout features kitchen, living, dining on main level. Laundry area has a washer/dryer combo unit but the space holds a stacked washer/dryer. Enjoy the convenience of a covered, attached carport~similar to a garage but without a door~with direct entry into the kitchen through a security door. Locked storage closet is off the garage. The community has been recently refreshed with updated landscaping, sparkling pool, tennis courts, clubhouse & dog park creating a welcoming environment for residents & guests. If seeking a primary residence or investment in a high-demand area, this unit delivers both value & charm.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.1 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 | 2,838 | - | 82% |
| Price | $159.9K | $110.0K | 73% |
| Price per sq ft | $182 | $167 | 63% |
| Built year | 1972 | 1983 | 13% |
| HOA | $275 | $175 | 85% |
| Days on market | 10 | 1510 | 1% |
Apr 12, 2026
$159,900
Initial Listing