
Las Vegas, NV 89107
This ground-floor condo represents a Prime Investment Opportunity, listed at a List Price of $120,000—positioned well below the $123,011 Fair Market Value by 2%. This valuation gap provides $3,011 in Instant Equity. With a Condition Rating of 4, the unit is functional but requires cosmetic modernization to maximize rental yield. Featuring a community pool and a central location near US-95, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Orland Street 29 Subject | $120,000* List Price | 2 | 1 | 918 | $134 | - |
A 304 Orland Street 47 Active | $115,000 List Price | 2 | 1 | 748 | $154 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is over 50 years old but has received some past updates, such as tile flooring throughout. The kitchen and overall interior are functional and move-in ready, but highly dated, requiring cosmetic updates and modernization.
The unit features a desirable ground-floor location with no stairs and one of the community's larger floor plans, offering enhanced convenience and spacious single-level living.
Situated with quick access to US-95, the property is minutes from the Meadows Mall, Springs Preserve, and Downtown Las Vegas, providing excellent connectivity to the entire valley.
Listed at $120,000, this 2-bedroom condo represents a high-value opportunity for first-time homebuyers or investors looking for an affordable entry into the Las Vegas market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3074, other record lot size in square feet = 972.
The lack of in-unit laundry requires residents to use community facilities, which may be seen as a convenience drawback compared to more modern residential developments.
The property is zoned for schools with lower performance ratings, which could impact its appeal to families prioritizing educational district quality.
Ground-floor condo in the Park Ridge community offering 2 bedrooms, 1 bathroom, and 918 square feet of comfortable single-level living. One of the larger floor plans in the community, this home offers a spacious living area, a practical layout, and the added convenience of having everything located on one level with no stairs to climb. The central Las Vegas location makes getting around the valley easy, with quick access to US-95 and convenient routes to Downtown Las Vegas, the Strip, and surrounding areas. Meadows Mall, shopping centers, restaurants, grocery stores, public transportation, and everyday services are all nearby. The Springs Preserve is just minutes away, offering walking trails, botanical gardens, museums, exhibits, and seasonal events throughout the year. Residents can also enjoy the community pool during those sunny Las Vegas days, along with on-site laundry facilities located within the community. Whether you are looking for your first home, a low-maintenance Las Vegas property, or an opportunity to add to your real estate portfolio, this condo offers an appealing combination of space, location, and value. With its ground-floor location, spacious single-level layout, useful community amenities, and easy access to so much of Las Vegas, this is one worth seeing in person. Schedule your private showing today!
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 918 | 1,059.468 |
| Lot Size | 3,074 | 6,055.359 |
| Price | $120.0K | $225.8K |
| Price per sq ft | $131 | $213 |
| Built year | 1963 | 1996 |
| HOA | $300 | $254 |
| Days on market | 4 | 71 |
Sep 5, 2026
$120,000
Initial Listing