212 Orland Street 22, Las Vegas, NV 89107, Las Vegas, 89107 - 1 bed, 1 bath
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Las Vegas, NV 89107
This Turnkey Rental Asset is listed at $124,999, compared to a $114,326 Fair Market Value. The property earns a Condition Rating of 2 following an extensive renovation that introduced a Modern Granite Kitchen, stainless steel appliances, and wood-look laminate flooring. Situated in a Prime Central Las Vegas Location with immediate access to HWY 95, the unit is conveniently located near Robert O Gibson Middle School and the Meadows Mall. This move-in-ready property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-demand urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Orland Street 22 Subject | $124,999* List Price | 1 | 1 | 612 | $187 | - |
A 208 Orland Street 10 Sold | $92,150 | 1 | 1 | 612 | $151 | 0.0 mi |
B 304 Orland Street 38 Sold | $100,000 | 1 | 1 | 612 | $163 | 0.0 mi |
C 304 Orland Street 38 Sold | $100,000 | 1 | 1 | 612 | $163 | 0.0 mi |
D 212 Orland Street 23 Sold | $135,000 List Price | 1 | 1 | 612 | 0.0 mi | |
E 212 Orland Street 28 Sold | $135,000 | 2 | 1 | 748 | $180 | 0.0 mi |
F 212 Orland Street 28 Sold | $118,800 List Price | 2 | 1 | 748 | 0.0 mi | |
G 304 Orland Street 39 Active | $149,900 List Price | 1 | 1 | 612 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1963, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully updated with modern white cabinetry, stone countertops, a contemporary mosaic tile backsplash, and stainless steel appliances. The interior features consistent modern wood-look laminate flooring, updated light fixtures, and fresh paint throughout, meeting current market standards for a move-in ready home.
The property is ideally situated with immediate access to HWY 95 and is surrounded by diverse shopping and dining options, ensuring high tenant demand.
Boasting excellent upkeep and immediate rental potential, this unit allows investors to generate cash flow quickly with minimal initial renovation effort.
With a competitive list price of $124,999, this condo provides an affordable entry point into the Las Vegas market for first-time investors or portfolio diversification.
Built in 1963, the property's age may lead to higher long-term maintenance costs and potential needs for system upgrades compared to modern builds.
The $295 monthly association fee is relatively high for a 612-square-foot one-bedroom unit, which can compress net yields for rental investors.
Investor Alert! This charming 1 bedroom, 1 bath condo presents a fantastic opportunity in a highly desirable, centrally located area. Boasting excellent upkeep and appeal, this property is poised to attract quality tenants with its convenient access to lots of shopping, easy access to HWY 95, and plenty of great restaurants. Benefit from immediate rental income with a property that requires minimal effort and offers strong long-term potential. Don't miss out on adding this prime piece of real estate to your portfolio!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 612 | 660 | 30% |
| Lot Size | - | 748 | 37% |
| Price | $125.0K | $100.0K | 78% |
| Price per sq ft | $204 | $151 | 85% |
| Built year | 1963 | 1978 | 37% |
| HOA | $295 | $223 | 70% |
| Days on market | 349 | 1497 | 41% |
May 8, 2025
$124,999
Initial Listing
Jun 30, 1995
$28,500
Public Record