1881 W Alexander Road 1078, North Las Vegas, NV 89032, North Las Vegas, 89032 - 2 bed, 2 bath
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North Las Vegas, NV 89032
This Spacious Ground-Floor Condo is a Strong Value Opportunity, listed at $229,900—positioned well below the $231,430 Fair Market Value by 1%. This valuation gap offers $1,530 in Instant Equity for incoming buyers. Maintaining a Fair Condition Rating, the unit is move-in ready with a private patio and a functional 1,151 sq ft layout. While assigned to Cheyenne High School, the property’s accessibility and low entry price offer stable market potential. This is an ideal opportunity for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1881 W Alexander Road 1078 Subject | $229,900* List Price | 2 | 2 | 1,151 | $201 | - |
A 1881 W Alexander Road 1128 Sold | $215,000 List Price | 2 | 2 | 1,151 | 0.1 mi | |
B 1881 W Alexander Road 1108 Active | $235,000 List Price | 2 | 2 | 1,151 | $204 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 24 years old and remains largely in its original condition. While it is clean, move-in ready, and features fresh paint, the kitchen and bathrooms show significant signs of being outdated with original honey oak cabinetry, laminate countertops, and older white/black appliances. It fits the 'fair' criteria as a well-maintained home over 20 years old that has not undergone major renovations since construction.
Located on the first floor, this unit offers excellent accessibility and convenience, eliminating the need for stairs and simplifying the move-in process for residents.
The property is marketed as ready to move in, providing a turnkey opportunity for buyers who want to avoid the time and expense of immediate renovations.
With 1,151 square feet of living space, this 2-bedroom condo offers a generous and functional floor plan that provides more room than many standard units in this price bracket.
The assigned middle and high schools have low ratings of 3 and 2 respectively, which may deter families prioritizing education and could impact long-term resale value.
The monthly association fee of $275 adds a significant fixed expense to the cost of ownership, which may affect the overall affordability for budget-conscious buyers.
BEAUTIFUL 2 BEDROOM AND 2 BATHS LOCATED ON THE 1ST FLOOR IS READY TO MOVE IN! IT IS ON AN ESTABLISHED COMMUNITY WITH CONVENIENT ACCESS TO SHOPPING, DINING AND EVERYTHING YOU MAY NEED.
No exterior & parking available.
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,151 | 1,340 | 50% |
| Lot Size | 6,364 | 2,409.5 | 75% |
| Price | $229.9K | $0 | 75% |
| Price per sq ft | $200 | $0 | 75% |
| Built year | 2000 | 2003 | 50% |
| HOA | $275 | $82 | 75% |
| Days on market | 55 | 2048 | 25% |
Feb 26, 2026
$229,900
Initial Listing
Aug 16, 2010
$46,000
Public Record