
Las Vegas, NV 89108
This Spacious 2nd-Story Condominium represents a High-Potential Investment Opportunity, listed at $189,000—a price that aligns with its $189,000 Fair Market Value. While the interior remains in Original 1988 Condition, the property features a brand-new AC unit and water heater, de-risking the asset for new owners. The functional 1,128 sqft layout with dual primary suites offers significant upside through cosmetic modernization. Located near Lilly & Wing Fong Elementary and Cimarron Memorial High, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 N Rainbow Boulevard 2065 Subject | $189,000* List Price | 2 | 2 | 1,128 | $168 | - |
A 2451 N RAINBOW Boulevard 1084 Sold | $185,000 | 2 | 2 | 1,128 | $164 | 0.1 mi |
B 2451 N RAINBOW BL Boulevard 2073 Sold | $160,000 | 3 | 2 | 1,237 | $129 | 0.0 mi |
C 2801 N Rainbow Boulevard 112 Sold | $180,000 | 2 | 2 | 1,020 | $176 | 0.4 mi |
D 2028 WILLOWBURY Drive B Sold | $155,000 List Price | 2 | 2 | 1,074 | 0.7 mi | |
E 2451 RAINBOW Boulevard 1084 Sold | $185,000 | 2 | 2 | 1,128 | $164 | 0.0 mi |
F 2801 N Rainbow Boulevard 118 Sold | $171,500 | 2 | 2 | 944 | $182 | 0.5 mi |
G 2451 N Rainbow Boulevard 1078 Active | $230,000 List Price | 3 | 2 | 1,237 | $186 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, the property is described as being in all-original interior condition, which is evident in the dated fixtures and heavily stained carpeting shown in the images. While the unit benefits from a brand-new AC and water heater, the kitchen and bathrooms require cosmetic modernization and flooring replacement to meet current market standards. It remains functional and livable but shows clear signs of age and deferred cosmetic maintenance.
The property features a brand-new AC unit and water heater, providing significant value and peace of mind regarding high-cost maintenance items in the Las Vegas climate.
At 1,128 square feet, this condo offers a generous floor plan with two primary-sized bedrooms, both featuring walk-in closets, and a seamless open-concept living area.
The unit comes fully equipped with all essential appliances, including a refrigerator, washer, dryer, and microwave, reducing immediate move-in costs for the buyer.
The interior is in its original 1988 condition, meaning buyers will likely need to invest in cosmetic renovations to modernize the space and maximize its value.
As a second-floor unit, the property lacks ground-level access, which may be a drawback for those with mobility concerns or those preferring easier entry.
Welcome to this spacious and inviting 2nd-story condo offering comfort, functionality, and exciting potential. This well-designed home features two generously sized bedrooms, each with walk-in closets, and two full bathrooms, creating a flexible layout ideal for a variety of lifestyles. The open living room flows seamlessly into a dedicated dining area, perfect for everyday living or entertaining, while the kitchen offers ample space and comes fully equipped with all appliances included—washer, dryer, dishwasher, refrigerator, and microwave. Step outside to your private balcony, an ideal spot to enjoy morning coffee or unwind at the end of the day. Major system upgrades add peace of mind, including a brand-new water heater and a new AC unit. The interior remains all original, presenting a fantastic opportunity for a buyer to personalize and refresh the space to their own taste while building instant equity. Don't miss out on this opportunity!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 2.0 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 | 1,128 | 1,056 | 62% |
| Lot Size | 5,848 | - | 82% |
| Price | $189.0K | $185.0K | 51% |
| Price per sq ft | $168 | $176 | 45% |
| Built year | 1988 | 1995 | 26% |
| HOA | $318 | $200 | 95% |
| Days on market | 104 | 1459 | 3% |
Jan 9, 2026
$189,000
Initial Listing