2451 N Rainbow Boulevard 2065, Las Vegas, NV 89108, Las Vegas, 89108 - 2 bed, 2 bath
2451 N Rainbow Boulevard 2065
Las Vegas, NV 89108
Property Price
SUMMARY
Analysis of 2451 N Rainbow Boulevard 2065, Las Vegas, NV 89108 is currently available with a list price of $189,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1988 and the listing explicitly states the interior remains in 'all original' condition. While it features essential major system upgrades like a brand-new AC unit and water heater, the kitchen, bathrooms, flooring, and fixtures are nearly 40 years old and show significant signs of being outdated. It meets the 'fair' criteria as a functional, maintained home that requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The property features a brand-new AC unit and a new water heater, providing significant peace of mind and reducing the risk of immediate high-cost maintenance for the new owner.
- Spacious Functional Layout
At 1,128 square feet, this condo offers a generous floor plan including two large bedrooms with walk-in closets and an open-concept living area that maximizes usable space.
- Value-Add Potential
The all-original interior presents a prime opportunity for buyers to modernize the space according to their taste while building instant equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
The home remains in its original 1988 condition, which will require a budget for updates to flooring, cabinetry, and fixtures to meet contemporary market expectations.
- Second-Story Access
Being located on the second floor may limit appeal for buyers specifically seeking ground-level accessibility or those with mobility concerns.
About 2451 N Rainbow Boulevard 2065
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 5,848 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $318 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lilly & Wing Fong Elementary School
Grades PK-5 • 0.5 mi
Irwin & Susan Molasky Junior High School
Grades 6-8 • 2.0 mi
Cimarron Memorial High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 65% |
| Lot Size | 5,848 | 945 | 79% |
| Price | $189.0K | $189.9K | 50% |
| Price per sq ft | $168 | $185 | 38% |
| Built year | 1988 | 1995 | 26% |
| HOA | $318 | $208 | 94% |
| Days on market | 57 | 725 | 2% |
Pricing History
Listed for Sale
Jan 9, 2026
$189,000
Initial Listing