2300 E Silverado Ranch Boulevard 2161, Las Vegas, NV 89183, Las Vegas, 89183 - 2 bed, 2 bath
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Las Vegas, NV 89183
This Turnkey Residential Investment is listed at $235,000, offering a stable acquisition within the gated Latigo community. Positioned near its $220,019 Fair Market Value, the asset maintains a Fair Condition Rating with original finishes, yet provides immediate ROI through a reliable long-term tenant generating $1,450 monthly income. Key features include vaulted ceilings, a 2023 water heater, a pool-view balcony, and access to 9/10 rated schools like Coronado High. Priced competitively with recent community sales, this is a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2300 E Silverado Ranch Boulevard 2161 Subject | $235,000* List Price | 2 | 2 | 960 | $229 | - |
A 2300 E Silverado Ranch Boulevard 1104 Sold | $209,000 | 2 | 2 | 960 | $218 | 0.1 mi |
B 2300 E Silverado Ranch Boulevard 1165 Sold | $245,000 | 2 | 2 | 960 | $255 | 0.0 mi |
C 2300 E Silverado Ranch Boulevard 1189 Sold | $220,000 | 2 | 2 | 960 | $229 | 0.1 mi |
D 2300 E Silverado Ranch Boulevard 2112 Sold | $217,550 | 2 | 2 | 960 | $227 | 0.1 mi |
E 2300 E Silverado Ranch Boulevard 1189 Sold | $229,900 List Price | 2 | 2 | 960 | 0.1 mi | |
F 2300 E Silverado Ranch Boulevard 1189 Sold | $220,000 | 2 | 2 | 960 | $229 | 0.1 mi |
G 2300 E Silverado Ranch Boulevard 1151 Active | $273,600 List Price | 2 | 2 | 1,089 | $251 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1997 (28 years old) and appears to retain most of its original builder-grade features, including the kitchen cabinetry and standard carpeting. While the unit is well-maintained by a long-term tenant and includes a recently replaced water heater (2023), the overall aesthetic and major components like the kitchen and bathrooms are outdated. It aligns with the 'fair' criteria as a home over 20 years old that is functional through regular upkeep but has not undergone a comprehensive modern renovation.
Elementary School: John Vanderburg Elementary School (9/10). High School: Coronado High School (9/10).
The property features a highly reliable, long-term tenant of over six years who wishes to remain, providing immediate and stable rental income of $1,450 per month.
Located in a gated community with lush landscaping, two pools, and a clubhouse, the unit offers excellent proximity to I-215, Henderson, and top-rated schools like Coronado High.
The association fee of $354 per month is a significant recurring cost that may impact the net ROI for investors or the monthly budget for owner-occupants.
Built in 1997, the property may soon require capital improvements or cosmetic modernizations to remain competitive with newer condo developments in the area.
Fantastic location close to shopping and restaurants! The Latigo community is gated and features beautiful green landscaping with mature trees, 2 Community Pools, Clubhouse and Exercise Room. it is located to very close proximity to I-215 and adjacent to Henderson. 2 bedrooms (master separate from the 2nd bedroom), 2 bathrooms upstairs condo with vaulted ceilings and a covered balcony looking out toward the community pool. Kitchen over looks the dining and living areas and all appliances are included! Great long term (6+ years) tenant in place on a month to month lease (would like to stay and sign long term lease), currently paying $1,450 mo (always pays on time and takes great care of the property). Or tenant can vacate with 30 days notice. New water heater installed in 2023.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.1 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 | 960 | 1,049 | 38% |
| Lot Size | 11,589 | 5,193 | 86% |
| Price | $235.0K | $235.0K | 50% |
| Price per sq ft | $245 | $229 | 76% |
| Built year | 1997 | 2001 | 22% |
| HOA | $354 | $186 | 95% |
| Days on market | 223 | 358 | 41% |
Sep 11, 2025
$235,000
Initial Listing