
Las Vegas, NV 89108
This Strong Value Opportunity is a 1-bedroom condominium listed at $160,000, positioned above the $145,707 Fair Market Value. While the price reflects a premium, the unit offers a Condition Rating of 3, featuring a handicap-accessible walk-in shower and wood flooring. The gated community provides essential amenities and a private patio, ensuring a low-maintenance lifestyle. Despite the higher association fees and lower-rated local schools, the property remains a functional, move-in ready asset. This listing is best suited for Buy-and-Hold Investors or first-time buyers prioritizing accessibility and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2451 North Rainbow Boulevard 1064 Subject | $160,000* List Price | 1 | 1 | 720 | $202 | - |
A 2801 North Rainbow Boulevard 106 Sold | $133,000 | 1 | 1 | 695 | $191 | 0.5 mi |
B 2801 N RAINBOW Boulevard 118 Sold | $171,500 | 2 | 2 | 944 | $182 | 0.5 mi |
C 2801 N Rainbow Boulevard 118 Sold | $171,500 | 2 | 2 | 944 | $182 | 0.5 mi |
D 2451 N Rainbow Boulevard 1051 Active | $165,000 List Price | 1 | 1 | 720 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988, the unit is well-maintained and move-in ready. It features updated wood flooring and a modified walk-in shower, suggesting renovations within the 5-15 year range. The interior appears functional and clean, meeting the criteria for a low-maintenance, move-in ready property.
As a first-floor unit with a walk-in shower and single-level layout, this property is ideal for buyers seeking handicap-accessible living or those looking to avoid stairs.
The condo is move-in ready with wood flooring throughout and all appliances included, offering a low-maintenance transition for first-time buyers or investors.
Located in a gated community with quick freeway access and proximity to shopping centers, the property provides a balance of security and urban convenience.
The association fee of $331 per month is relatively high for a one-bedroom unit at this price point, which may impact overall affordability and investor cap rates.
The assigned middle and high schools carry low ratings (3/10), which could limit the property's appeal to families and affect long-term resale value.
Move-in ready 1-bedroom condo offering spacious, single-level living! This first-floor unit features a walk-in shower for easy, handicap-accessible living, plus beautiful wood flooring throughout. Enjoy your private balcony/patio with screen door for fresh air and relaxation. All appliances included! Gated community offers desirable amenities and extra parking, with convenient freeway access and close proximity to shopping. A fantastic opportunity for comfortable, low-maintenance living!
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 |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 720 | - |
| Lot Size | - | - |
| Price | $160.0K | $217.2K |
| Price per sq ft | $222 | $219 |
| Built year | 1988 | 0 |
| HOA | $331 | $0 |
| Days on market | 13 | 828 |
Jul 9, 2026
$160,000
Initial Listing