1751 East Reno Avenue 221, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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1751 East Reno Avenue 221
Las Vegas, NV 89119
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,164Sq Ft
0Lot Size
Property Price
LIST PRICE$179,995
EST. MARKET VALUE
$184,467
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at a List Price of $199,000—positioned slightly above the $194,961 Fair Market Value. While the price reflects current market stability, the unit’s Condition Rating of 4 and proximity to UNLV drive strong rental demand. Featuring a Granite Kitchen, fresh paint, and a spacious primary suite, this condo offers a functional layout for tenants. Despite the $350 HOA fee, the central location remains a key asset for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Las Vegas market.
Estimated Market Value
$184,467
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1751 East Reno Avenue 221 Subject | $179,995* List Price | 2 | 2 | 1,164 | $158 | - |
A 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
B 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | 0.1 mi |
C 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
D 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.7 mi |
E 1454 Elizabeth Avenue 3 Sold | $205,000 | 2 | 2 | 1,152 | $178 | 0.5 mi |
F 2210 E University Avenue 106 Sold | $180,000 | 2 | 2 | 1,305 | $138 | 0.9 mi |
G 1675 Jupiter Court C Sold | $154,900 List Price | 2 | 2 | 980 | 0.8 mi | |
H 1729 Jupiter Court B Sold | $170,000 | 2 | 2 | 980 | $173 | 0.8 mi |
I 1751 East Reno Avenue 109 Active | $218,800 List Price | 2 | 2 | 1,164 | $188 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1983, this 41-year-old condo is well-maintained and functional but remains dated. While it features granite countertops and fresh paint, the presence of popcorn ceilings, older tile, and 1980s-style gold bathroom fixtures indicates it has not had a comprehensive renovation in over 15-20 years, requiring minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated just one mile from UNLV within a gated community, this property offers exceptional accessibility for students, faculty, and urban professionals, driving strong rental demand.
- Turnkey Interior Upgrades
The unit features a freshly painted interior, low-maintenance tile flooring throughout, and modern granite countertops, offering a move-in-ready experience for buyers.
- Spacious Primary Suite
The primary bedroom includes a generous walk-in closet and a full bathroom with a separate tub and shower, providing a functional layout rarely found in older condo developments.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $350 per month, the association fees are relatively high compared to the $199,000 price point, which may impact debt-to-income ratios for buyers and net cash flow for investors.
- Underperforming School District
The property is zoned for schools with low performance ratings, including a 2/10 for the local high school, which may limit its appeal to families with school-aged children.
About 1751 East Reno Avenue 221
Centrally located gated community 1 mile from UNLV. Clean and freshly painted interior, 2-bed, 2-bath condo with all tile floors. Features a gas fireplace in the living room, a kitchen with granite counter tops and black appliances. . The front of unit has a balcony with extra storage. The primary bedroom has a nice walk in closet and full bathroom with separate tub and shower.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.2 mi
6/10
Gene Ward Elementary School
Grades PK-5 • 0.3 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,164 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $180.0K | $225.8K |
| Price per sq ft | $155 | $213 |
| Built year | 1983 | 1996 |
| HOA | $350 | $254 |
| Days on market | 51 | 71 |
Pricing History
Listed for Sale
Aug 14, 2026
$179,995
$199,000
-10% Price Drop
Initial Listing
Price Change
Jul 20, 2026
$199,000
Initial Listing