1881 W Alexander Road 2053, North Las Vegas, NV 89032, North Las Vegas, 89032 - 2 bed, 2 bath
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North Las Vegas, NV 89032
This Investor-Friendly Residential Asset is listed at $225,000, aligning with its $225,000 Fair Market Value. Boasting a Fair Condition Rating, the unit features updated vinyl plank flooring and a private deck, with original cabinetry offering a future value-add opportunity. While assigned to Cheyenne High School and Swainston Middle School, the property’s primary appeal is the reliable tenant already in place. Located in a gated community with a pool, this is a strategic acquisition for Buy-and-Hold Investors or portfolio builders seeking immediate ROI and long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1881 W Alexander Road 2053 Subject | $225,000* List Price | 2 | 2 | 1,151 | $195 | - |
A 1881 W Alexander Road 1128 Sold | $215,000 List Price | 2 | 2 | 1,151 | 0.2 mi | |
B 1881 W Alexander Road 1039 Active | $224,999 List Price | 2 | 2 | 1,151 | $195 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 2001, is well-maintained and features recent cosmetic updates such as fresh paint and new vinyl plank flooring throughout. However, it retains many original builder-grade features that are now over 20 years old, including the oak kitchen cabinetry, laminate countertops, and white appliances. While move-in ready and functional, the kitchen and bathrooms show signs of being outdated, aligning with the criteria for a fair condition score.
The property is sold with a reliable tenant already in place, making it a turnkey opportunity for investors seeking immediate cash flow without the hassle of vacancy or leasing.
The unit features fresh paint and updated vinyl plank flooring, providing a contemporary aesthetic that minimizes immediate capital expenditure for the new owner.
Located near the front of a gated community and in close proximity to the clubhouse and pool, the unit offers both enhanced security and convenient access to amenities.
The assigned public schools have low ratings (2/10 and 3/10), which may deter family-oriented renters or buyers and potentially limit long-term appreciation.
Being an upstairs unit, the property may be less desirable for individuals with mobility issues or those who prefer the convenience of ground-floor living.
Investor-friendly upstairs 2-bed/2-bath condo with a reliable tenant already in place—ideal for investors seeking immediate rental income. Located in a well-kept gated community with assigned parking and a community pool. The unit features fresh paint, updated vinyl plank flooring, and a comfortable, open layout. The primary bedroom includes a private bath and a large walk-in closet. Positioned near the front of the community close to the clubhouse and pool. Functional floor plan with inviting living spaces and abundant natural light. Conveniently situated near major roadways, shopping, dining, and everyday essentials
No exterior & parking available.
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.7 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 | - | 1,056.5 | 50% |
| Price | $225.0K | $0 | 75% |
| Price per sq ft | $195 | $0 | 75% |
| Built year | 2001 | 2004 | 50% |
| HOA | $275 | $82 | 75% |
| Days on market | 7 | 2048 | 25% |
Apr 15, 2026
$225,000
Initial Listing