
North Las Vegas, NV 89032
This Prime Investment Opportunity is listed at a List Price of $227,000, positioned slightly above the $221,533 Fair Market Value. While the property requires cosmetic updates given its Fair Condition Rating, the 1,151 square foot layout and included one-car garage provide a functional foundation for value-add improvements. Despite the extended 184-day market time and lower-rated local schools, the unit offers an accessible entry point for those seeking a manageable project. This asset is best suited for Buy-and-Hold Investors or first-time buyers focused on long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1881 West Alexander Road 1108 Subject | $227,000* List Price | 2 | 2 | 1,151 | $192 | - |
A 1881 W Alexander Road 1135 Sold | $183,500 | 2 | 2 | 968 | $190 | 0.1 mi |
B 1881 West Alexander Road 1053 Pending | $185,000 List Price | 2 | 2 | 1,151 | $161 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property is functional but dated. While the kitchen cabinets have been painted, the white appliances, vertical blinds, and overall fixtures are original to the construction era. It fits the 'Fair' criteria as it is over 20 years old and requires cosmetic updates to be considered modern.
The inclusion of a one-car garage provides added security and storage, a premium feature for condominium living in this price bracket.
Priced at $227,000 for a 2-bedroom, 2-bathroom unit, this property offers an affordable entry point for first-time buyers or rental investors.
With 1,151 square feet of living space, the condo offers a generous and functional floor plan that is larger than many comparable units in the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5403, other record lot size in square feet = 2767.
The property has been on the market for 184 days with multiple price cuts, which may lead potential buyers to question its condition or marketability.
The assigned middle and high schools have low ratings (3 and 2 respectively), which may limit the property's appeal to families prioritizing education.
Gorgeous Condo, 2 bedrooms and 2 bathrooms, one car garage, close to everything. come take alook , you will not be disapointed.
No exterior & parking available.
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,151 | - |
| Lot Size | 5,403 | - |
| Price | $227.0K | $300.0K |
| Price per sq ft | $197 | $219 |
| Built year | 1999 | 0 |
| HOA | $300 | $0 |
| Days on market | 189 | 2285 |
May 30, 2026
$227,000
$229,995
-1% Price Drop
Initial Listing
Apr 15, 2026
$229,995
$235,000
-2% Price Drop
Initial Listing
Jan 14, 2026
$235,000
Initial Listing