2290 Desert Inn, Las Vegas, NV 89169, Las Vegas, 89169 - 2 bed, 2 bath
Loading property details...
Las Vegas, NV 89169
This Value-Add Townhouse Asset represents a Strong Value Opportunity with a List Price of $299,900—positioned well below the $317,930 Fair Market Value by 5%. This pricing strategy provides $18,030 in Instant Equity for buyers looking to capitalize on a central Las Vegas location. Currently holding a Fair Condition Rating, the property features a functional two-story layout and a private master balcony, offering significant ROI potential through cosmetic updates. With low association fees and high rental demand, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2290 Desert Inn Subject | $299,900* List Price | 2 | 2 | 1,000 | $318 | - |
A 2202 E Desert Inn Road Active | $360,000 List Price | 2 | 2 | 1,000 | $360 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is aged and shows signs of being outdated, including popcorn ceilings and older carpeting. While the listing suggests it is a functional investment property, the interior finishes, such as the stairs and flooring, appear to have had only basic maintenance rather than modern renovations, placing it firmly in the fair category.
Marketed as a prime investment opportunity, this townhouse is well-suited for rental income in a central Las Vegas location with high tenant demand.
The floor plan effectively separates social and private spaces, featuring a living area on the ground floor and bedrooms upstairs, including a master with a private balcony.
With an HOA fee of only $225 per month, the property offers lower carrying costs compared to many other managed communities in the region, improving net ROI.
Built in 1972, the residence may require capital improvements or updates to its major systems and interior finishes to compete with newer developments.
The property is zoned for schools with lower performance ratings, particularly the high school, which may limit its appeal to families with school-aged children.
*** GREAT INVESTMENT PROPERTY** Welcome home to the community of Spanish Village in Las Vegas! This spacious Townhome features 2 bedrooms, 1 full bathroom and a half bathroom. Downstairs is the living and kitchen and the bedrooms are located upstairs. The master bedroom has a outdoor balcony.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,146 | 20% |
| Lot Size | 436 | 1,307 | 20% |
| Price | $299.9K | $192.6K | 80% |
| Price per sq ft | $300 | $168 | 80% |
| Built year | 1972 | 1974 | 40% |
| HOA | $225 | $258 | 40% |
| Days on market | 13 | 1773 | 20% |
Apr 9, 2026
$299,900
Initial Listing
Jan 11, 1996
$56,000
Public Record