1812 N Decatur Boulevard 101, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
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Las Vegas, NV 89108
This Tenant-Occupied Residential Asset is a strategic income-producing property within a gated Las Vegas community, listed at $199,999 with a $176,795 Fair Market Value. Marketed as part of a rare four-unit investor portfolio, the property provides immediate cash flow and a Condition Rating of 4. The functional layout includes a private balcony and access to community features like a pool, spa, and clubhouse. Proximity to Twin Lakes Elementary and the Las Vegas Strip ensures consistent rental demand and stable ROI. This is an optimal acquisition for Buy-and-Hold Investors or Portfolio Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 N Decatur Boulevard 101 Subject | $199,999* List Price | 2 | 2 | 945 | $187 | - |
A 1824 DECATUR Boulevard 101 Sold | $197,000 | 2 | 2 | 945 | $208 | 0.0 mi |
B 1820 N Decatur Boulevard 102 Sold | $180,000 | 2 | 2 | 945 | $190 | 0.0 mi |
C 1820 DECATUR Boulevard 102 Sold | $180,000 | 2 | 2 | 945 | $190 | 0.0 mi |
D 1824 N Decatur Boulevard 101 Sold | $197,000 | 2 | 2 | 945 | $208 | 0.0 mi |
E 4516 W Lake Mead Boulevard 101 Sold | $170,000 | 2 | 2 | 1,081 | $157 | 0.3 mi |
F 2191 Hussium Hills Street 104 Sold | $200,000 | 3 | 2 | 1,027 | $195 | 0.6 mi |
G 1804 N Decatur Boulevard 104 Active | $199,999 List Price | 2 | 2 | 945 | $212 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old and appears to be in mostly original condition. While the listing describes it as well-maintained and it is currently tenant-occupied, the kitchen and bathrooms are dated, featuring older white appliances, laminate countertops, and basic cabinetry. It meets the 'fair' criteria as a functional, aged home that has been maintained through regular upkeep but lacks modern renovations.
As one of four units available from the same owner, this property presents a turnkey opportunity for investors to acquire a multi-unit portfolio of income-producing assets at a competitive price point.
The gated community setting provides enhanced security and desirable lifestyle features, including a pool, spa, and clubhouse, which help attract and retain quality tenants.
The property is ideally situated near major roadways and shopping centers, offering convenient and quick access to both the Las Vegas Strip and the Downtown area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5191, other record lot size in square feet = 1804.
The unit is currently tenant-occupied, which may limit flexibility for owner-occupant buyers and complicate the scheduling of property showings.
The assigned middle and high schools carry low performance ratings, which could potentially impact long-term resale value and appeal to families with school-aged children.
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 | 5,191 | - | 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