2080 Karen Avenue 50, Las Vegas, NV 89169, Las Vegas, 89169 - 3 bed, 2 bath
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Las Vegas, NV 89169
This 3-bedroom condominium functions as a Turnkey Investment Asset with a List Price of $189,000. Although priced above the $162,973 Fair Market Value, the property delivers immediate utility through an active lease and a Fair Condition Rating bolstered by a New A/C System (2023). Its central location near the Las Vegas Strip and a low $240 HOA fee drive consistent rental demand, despite the Lower-Rated Schools in the district. This is a stable acquisition for Buy-and-Hold Investors or Portfolio Diversifiers targeting high-occupancy submarkets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2080 Karen Avenue 50 Subject | $189,000* List Price | 3 | 2 | 1,188 | $137 | - |
A 1405 Vegas Valley Drive 151 Sold | $172,500 | 3 | 2 | 1,125 | $153 | 0.6 mi |
B 2080 Karen Avenue 9 Active | $180,000 List Price | 2 | 3 | 1,244 | $145 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is functional and currently tenant-occupied, but shows signs of its age. While there are some updates, such as a new A/C unit installed in 2023 and ceramic tile flooring, the interior features dated elements like popcorn ceilings and older bathroom fixtures. The kitchen and bathrooms appear maintained but have not undergone a comprehensive modern renovation within the last 15 years, placing it firmly in the 'Fair' category.
With a tenant already in place and a competitive list price under $200k, this property offers immediate cash flow and a simplified entry point for real estate investors.
The installation of a new A/C system in June 2023 is a significant value-add that ensures climate reliability and reduces immediate capital expenditure risks for the buyer.
The property boasts excellent proximity to the Las Vegas Strip, public transit, and shopping centers, all while maintaining a low monthly HOA fee of $240.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8735, other record lot size in square feet = 2070.
The assigned high school carries a rating of 2/10, which may limit the property's appeal to families and impact long-term appreciation compared to higher-rated districts.
Built in 1983, the unit and complex may require more frequent maintenance or cosmetic modernization to remain competitive with newer residential options in the area.
Welcome to this charming 3-bedroom, 2-bathroom condo, offering 1,188 sq. ft. of versatile living space. Nestled in the vibrant heart of Las Vegas, this property boasts the perfect blend of comfort and convenience, with a low HOA fee. Step inside to discover an inviting open floor plan that maximizes space and natural light. The well-appointed kitchen flows seamlessly into the living and dining areas, making it ideal for both entertaining and everyday living. Location is key, and this condo does not disappoint. Enjoy easy access to the iconic Las Vegas Strip, public transportation, shopping centers, schools, restaurants. Additionally, this property comes with a great tenant already in place, making it a fantastic investment opportunity. Whether you’re looking for a new home or a rental property this condo offers exceptional value. Don't miss out on the chance to make it yours! New A/C installed 06/22/23
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 96% |
| Baths | 2.0 | 1.0 | 67% |
| Square foot | 1,188 | 770 | 96% |
| Lot Size | 8,735 | 1,000 | 78% |
| Price | $189.0K | $130.0K | 65% |
| Price per sq ft | $159 | $186 | 29% |
| Built year | 1983 | 1976 | 52% |
| HOA | $240 | $230 | 52% |
| Days on market | 144 | 742 | 10% |
Nov 29, 2025
$189,000
Initial Listing
Jun 30, 1998
$58,000
Public Record