1751 East Reno Avenue 206, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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1751 East Reno Avenue 206
Las Vegas, NV 89119
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,164Sq Ft
2,689Lot Size
Property Price
LIST PRICE$199,999
EST. MARKET VALUE
$200,152
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $199,999—positioned well below the $200,152 Fair Market Value by 0.08%. Featuring a Fair Condition Rating, the unit includes recent capital improvements like a 2023 HVAC system and 2024 roof, though the interior offers room for cosmetic modernization. With a premium primary suite and gated community amenities, this is a stable Buy-and-Hold Investor asset or a practical choice for first-time buyers seeking a centrally located, low-maintenance residence.
Estimated Market Value
$200,152
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 206 Subject | $199,999* List Price | 2 | 2 | 1,164 | $172 | - |
A 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.1 mi |
B 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.2 mi |
C 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.1 mi |
D 2210 E University Avenue 106 Sold | $180,000 | 2 | 2 | 1,305 | $138 | 1.0 mi |
E 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.6 mi |
F 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | - |
G 1454 Elizabeth Avenue 3 Sold | $205,000 | 2 | 2 | 1,152 | $178 | 0.4 mi |
H 1376 Dorothy Avenue 3 Sold | $187,000 | 2 | 1 | 880 | $213 | 0.5 mi |
I 1751 East Reno Avenue 109 Active | $218,800 List Price | 2 | 2 | 1,164 | $188 | 0.0 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 1985, the property is nearly 40 years old and retains dated interior features such as original oak cabinetry, tile countertops, and popcorn ceilings. While the HVAC (2023) and roof (2024) are excellent recent upgrades, the kitchen and bathrooms require cosmetic modernization to move beyond a fair rating.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a brand-new A/C and heating system installed in April 2023 and a new roof completed in January 2024, significantly reducing immediate maintenance concerns and improving energy efficiency.
- Premium Primary Suite
The primary suite offers high-end amenities typically found in larger homes, including a jetted tub, separate shower, dual sinks, and a spacious walk-in closet, providing a luxury feel at an accessible price point.
- Central Gated Location
Situated in a secure gated community with a pool, this centrally located condo offers convenient access to the Las Vegas Strip, airport, and local dining, making it highly attractive for both owner-occupants and investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2689, other record lot size in square feet = 2450.
- High Monthly Carrying Costs
The $350 monthly association fee is relatively high for a property at this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Underperforming School District
The assigned public schools, particularly the high school and one elementary school, carry low ratings, which could deter families and potentially limit long-term appreciation compared to other submarkets.
About 1751 East Reno Avenue 206
Beautiful 2-bed, 2-bath condo centrally located! Features a spacious living room with a gas fireplace and a kitchen with a new refrigerator, dishwasher, and garbage disposal. Enjoy a private balcony with extra storage. The large primary suite offers an ensuite bath with a jetted tub, a separate shower, dual sinks, and a walk-in closet. Recent upgrades include a new A/C and heating system (4/23) and a new roof (1/24). Located in a gated community with a pool and covered parking, close to shopping, dining, and entertainment.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 2,689 Sq. Ft.
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
Gene Ward Elementary School
Grades PK-5 • 0.3 mi
2/10
Jack Dailey Elementary School
Grades PK-5 • 0.3 mi
6/10
Helen C Cannon Junior High School
Grades 6-8 • 1.2 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 | 2,689 | 6,055.359 |
| Price | $200.0K | $225.8K |
| Price per sq ft | $172 | $213 |
| Built year | 1985 | 1996 |
| HOA | $350 | $254 |
| Days on market | 27 | 71 |
Pricing History
Listed for Sale
Aug 13, 2026
$199,999
Initial Listing
Sold
Apr 1, 1991
$80,500
Public Record