
Las Vegas, NV 89119
This High-Potential Investment Opportunity is listed at a List Price of $199,000, positioned slightly above the $194,920 Fair Market Value. Featuring a Condition Rating of 4, this 1983 condo offers a Granite Kitchen and a Primary Suite with a walk-in closet. Its proximity to UNLV makes it a prime candidate for rental demand. While the association fee is notable, the unit provides a functional, move-in ready layout. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1751 East Reno Avenue 221 Subject | $199,000* List Price | 2 | 2 | 1,164 | $167 | - |
A 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
B 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
C 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.0 mi |
D 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | 0.1 mi |
E 1751 E Reno Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.0 mi |
F 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.1 mi |
G 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.7 mi |
H 2210 E University Avenue 106 Sold | $180,000 | 2 | 2 | 1,305 | $138 | 0.9 mi |
I 1751 E Reno Avenue 206 Active | $209,999 List Price | 2 | 2 | 1,164 | $180 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this 41-year-old property is dated despite some partial updates. While it features granite countertops and fresh paint, the presence of popcorn ceilings, older louvered closet doors, and dated tile flooring indicates it has not had a full modern renovation within the last 15 years. It is functional and move-in ready but requires cosmetic modernization.
Situated just one mile from UNLV in a gated community, this property offers exceptional convenience for students and faculty, making it a high-potential rental investment.
The interior features fresh paint, durable all-tile flooring, and granite countertops, providing a modern and low-maintenance living space for immediate occupancy.
The primary bedroom includes a spacious walk-in closet and a full bathroom with a separate tub and shower, a premium layout feature not commonly found in standard two-bedroom condos.
The $350 monthly association fee is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned public schools have low performance ratings, which could limit the property's appeal to families and potentially affect long-term resale value.
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.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,164 | - |
| Lot Size | - | - |
| Price | $199.0K | $217.2K |
| Price per sq ft | $171 | $219 |
| Built year | 1983 | 0 |
| HOA | $350 | $0 |
| Days on market | 2 | 828 |
Jul 20, 2026
$199,000
Initial Listing