2451 N Rainbow Boulevard 2123, Las Vegas, NV 89108, Las Vegas, 89108 - 3 bed, 2 bath
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Las Vegas, NV 89108
This Spacious Modernized Condominium is a Prime Investment Opportunity, listed at $230,000—positioned well below the $367,509 Fair Market Value by 37%. This significant valuation gap provides $137,509 in Instant Equity. The unit holds a Good Condition Rating, featuring a Granite Kitchen, Stainless Steel Appliances, and Mountain Views from the private balcony. Located in a gated community with a pool and fitness center, it offers immediate lifestyle value. This is an exceptional find for Buy-and-Hold Investors or first-time buyers seeking a high-equity, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 N Rainbow Boulevard 2123 Subject | $230,000* List Price | 3 | 2 | 1,237 | $297 | - |
A 2451 N Rainbow Boulevard 1095 Sold | $202,000 | 3 | 2 | 1,237 | $163 | 0.1 mi |
B 2451 N RAINBOW Boulevard 1116 Sold | $189,000 | 2 | 2 | 1,128 | $168 | 0.0 mi |
C 2451 N RAINBOW Boulevard 1084 Sold | $185,000 | 2 | 2 | 1,128 | $164 | 0.1 mi |
D 2451 N Rainbow Boulevard 1069 Sold | $210,000 | 3 | 2 | 1,237 | $170 | 0.2 mi |
E 2451 RAINBOW Boulevard 1069 Sold | $210,000 | 3 | 2 | 1,237 | $170 | 0.1 mi |
F 2801 N Rainbow Boulevard 112 Sold | $180,000 | 2 | 2 | 1,020 | $176 | 0.3 mi |
G 2451 N Rainbow Boulevard 2127 Active | $230,000 List Price | 3 | 2 | 1,237 | $186 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant interior updates including vinyl plank flooring throughout, granite countertops in the kitchen and bathrooms, and stainless steel appliances. While the structure dates to 1988, the modernized finishes, updated bathroom vanities, and well-maintained community amenities justify a 'good' rating.
The unit features contemporary upgrades including vinyl plank flooring throughout, granite countertops, and stainless steel appliances, offering a move-in-ready aesthetic.
Located in a gated community, residents enjoy access to a pool, spa, clubhouse, and exercise room, providing significant lifestyle value and security.
This spacious 3-bedroom upper-level unit includes a private balcony with mountain views and a unique steam shower in the primary bathroom, adding a touch of luxury.
The assigned middle and high schools carry lower performance ratings (3/10), which may be a concern for families and could impact future resale appeal.
Built in 1988, the unit and building infrastructure are over 35 years old, which may lead to higher maintenance requirements compared to newer developments.
This 3 bedroom, 2 bathroom unit is located inside a gated community and is in near proximity of freeway access, shopping and dining making this subdivision a desirable location. Community Facilities: Pool, Spa, Clubhouse and Exercise room. This upper level unit offers a spacious living room that flows seamlessly out to the balcony that provides fresh air. These is no carpet in this unit, vinyl planks run from the living room to the bedrooms. The kitchen consists of a pull up breakfast bar that sits 2 with granite counter tops, stainless steel appliances and laundry room with the dining room off to the other side. All 3 bedrooms are generous size with a steam shower in the primary bathroom.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,237 | 1,056 | 76% |
| Lot Size | 6,566 | - | 86% |
| Price | $230.0K | $185.0K | 74% |
| Price per sq ft | $186 | $176 | 55% |
| Built year | 1988 | 1995 | 26% |
| HOA | $318 | $200 | 95% |
| Days on market | 58 | 1459 | 1% |
Feb 24, 2026
$230,000
Initial Listing