1751 E Reno Avenue 234, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This Upgraded Gated Condominium represents a High-Potential Investment Opportunity, listed at $199,999—positioned well below the $231,315 Fair Market Value by 13%. This valuation gap provides $31,316 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the interior features recent upgrades including new tile showers, updated flooring, and modern appliances. Its central location near UNLV and the Las Vegas Strip ensures high rental demand and lifestyle convenience. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1751 E Reno Avenue 234 Subject | $199,999* List Price | 2 | 2 | 1,164 | $199 | - |
A 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
B 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.1 mi |
C 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.1 mi |
D 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
E 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.2 mi |
F 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.2 mi |
G 1751 E Reno Avenue 132 Active | $199,995 List Price | 2 | 2 | 1,164 | $172 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, including newly tiled walk-in showers, updated flooring, and modern stainless steel appliances. While the kitchen cabinets and tile countertops reflect an older style consistent with the 1984 build date, the recent improvements to the bathrooms, lighting, and appliances, combined with the overall clean condition, meet the criteria for a good rating.
The property is ideally situated minutes from the Las Vegas Strip, UNLV, and Harry Reid International Airport, making it highly attractive for commuters, students, and hospitality professionals.
Recent renovations including new tile showers, updated flooring, and modern lighting ensure the unit is turnkey, saving the buyer time and immediate renovation costs.
With 1,164 square feet, a cozy fireplace, and a primary suite featuring dual closets, the floor plan offers significantly more living space and storage than typical two-bedroom condos in this price range.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2714, other record lot size in square feet = 2450.
The $350 monthly HOA fee is relatively high compared to the listing price, which may impact a buyer's monthly affordability and an investor's net cap rate.
The assigned high school and one of the local elementary schools have low ratings, which could limit the property's long-term appreciation and appeal to families.
Clean and ready for move in! Gated, 2 bedroom condo with recent upgrades including new tile showers and flooring, updated lighting, all appliances including washer and dryer inside the unit. Unit features spacious layout with large living room w/ fireplace, patio w/storage closet, large bedrooms with 2 full bathrooms. Primary bedroom features walk in closet and additional closet. Community features gated access, sparkling pool and hot tub. Centrally located just minutes from Strip, Airport, UNLV, shopping, freeway, restaurants, parks and schools.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 51% |
| Square foot | 1,164 | 892 | 91% |
| Lot Size | 2,714 | - | 79% |
| Price | $200.0K | $110.0K | 87% |
| Price per sq ft | $172 | $167 | 54% |
| Built year | 1984 | 1983 | 55% |
| HOA | $350 | $175 | 95% |
| Days on market | 27 | 1510 | 1% |
Mar 26, 2026
$199,999
Initial Listing