
Las Vegas, NV 89108
This Tenant-Occupied Condominium serves as a strategic Income-Producing Asset within a gated Las Vegas community. Listed at $199,999, the pricing reflects its value as part of a rare four-unit investor package, compared to the $173,005 Fair Market Value. The property maintains a Condition Rating of 4, featuring a functional split-plan layout, Private Balcony, and access to a Community Pool and Spa. While secondary schools show lower performance, the proximity to Twin Lakes Elementary and the Las Vegas Strip ensures consistent rental demand. This acquisition is perfectly suited for Buy-and-Hold Investors or Portfolio Builders seeking turnkey, stable returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1804 N Decatur Boulevard 104 Subject | $199,999* List Price | 2 | 2 | 945 | $183 | - |
A 1824 DECATUR Boulevard 101 Sold | $197,000 | 2 | 2 | 945 | $208 | 0.1 mi |
B 1820 N Decatur Boulevard 102 Sold | $180,000 | 2 | 2 | 945 | $190 | 0.1 mi |
C 1820 DECATUR Boulevard 102 Sold | $180,000 | 2 | 2 | 945 | $190 | 0.1 mi |
D 2191 Hussium Hills Street 104 Sold | $200,000 | 3 | 2 | 1,027 | $195 | 0.6 mi |
E 2041 Hussium Hills Street 103 Sold | $178,000 | 2 | 2 | 935 | $190 | 0.6 mi |
F 1802 N Decatur Boulevard 203 Active | $184,900 List Price | 2 | 2 | 945 | $196 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is well-maintained but shows significant signs of age with outdated features. The kitchen contains older white appliances, oak-style cabinetry, and fluorescent box lighting, while the bathrooms and flooring appear to be from an older era of construction. While functional and suitable for its current tenant-occupied status, it lacks the modern renovations required for a higher rating.
As a tenant-occupied unit available as part of a four-condo package, this property offers a turnkey solution for investors seeking immediate rental income and portfolio growth.
The 2-bedroom, 2-bathroom split-plan configuration with an open living area and private balcony provides a highly marketable and efficient use of square footage.
The gated community setting includes desirable lifestyle features such as a pool, spa, and clubhouse, which enhance tenant retention and overall property value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5248, other record lot size in square feet = 1804.
The assigned middle and high schools have low performance ratings (2/10), which may deter long-term family residents and impact future resale demand.
Built in 1985, the property may require higher reserves for maintenance and potential updates to aging systems compared to newer developments in the Las Vegas area.
Well-maintained 2-bedroom, 2-bath condo located in a gated community in the Twin Lakes area of Las Vegas. The unit features an open floor plan with a spacious living and dining area, functional kitchen, and private balcony. The primary bedroom offers an en-suite bathroom and generous closet space. Community amenities include a pool, spa, and clubhouse. Conveniently located near shopping, dining, and major roadways with easy access to the Las Vegas Strip and Downtown. Property is currently tenant-occupied. This unit is one of four condos available for sale by the same owner—an excellent opportunity for investors looking to purchase multiple income-producing properties at a competitive package price.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 945 | 1,056 | 25% |
| Lot Size | 5,248 | - | 76% |
| Price | $200.0K | $185.0K | 64% |
| Price per sq ft | $212 | $176 | 74% |
| Built year | 1985 | 1995 | 10% |
| HOA | $288 | $200 | 90% |
| Days on market | 49 | 1459 | 1% |
Mar 5, 2026
$199,999
Initial Listing