2725 S Nellis Boulevard 2137, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This property presents a High-Potential Investment Opportunity with a List Price of $219,000—positioned well above the $196,596 Fair Market Value by -11%. Featuring a Condition Rating of 4, the unit includes a significant $16,000 HVAC upgrade and a $4,000 flooring credit to address cosmetic needs. With a private patio and community amenities like a pool and spa, this asset offers stable rental potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2725 S Nellis Boulevard 2137 Subject | $219,000* List Price | 2 | 2 | 1,029 | $191 | - |
A 2725 S Nellis Boulevard 1152 Sold | $175,000 List Price | 2 | 2 | 1,029 | 0.0 mi | |
B 2725 NELLIS Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.0 mi |
C 2725 S Nellis Boulevard 1146 Sold | $192,987 | 2 | 2 | 1,029 | $188 | 0.0 mi |
D 2725 S Nellis Boulevard 1188 Sold | $198,000 | 2 | 2 | 1,029 | $192 | 0.1 mi |
E 2725 S Nellis Boulevard 2116 Sold | $189,900 List Price | 2 | 2 | 1,029 | 0.1 mi | |
F 2725 S Nellis Boulevard 2049 Sold | $180,000 | 2 | 2 | 1,029 | $175 | 0.1 mi |
G 2725 S Nellis Boulevard 1154 Active | $190,000 List Price | 2 | 2 | 1,029 | $185 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property is well-maintained but dated. While it features a brand-new $16,000 HVAC system and newer appliances, the kitchen cabinetry and tile are original to the 90s. The seller's offer of a $4,000 flooring credit confirms that the carpet needs replacement, fitting the 'Fair' criteria for needing minor updates.
The property features a recently installed $16,000 AC unit, providing substantial value and long-term peace of mind for buyers in the Las Vegas climate.
Having served as a second residence with minimal annual occupancy, the unit exhibits significantly less wear and tear than typical primary residences of the same age.
The sellers are offering a $4,000 carpet and flooring credit, allowing the new owner to modernize the space and add personal value immediately upon move-in.
The need for a flooring credit and the presence of window boards suggest the interior requires some aesthetic updates to meet modern market standards.
The property is zoned for schools with ratings between 3 and 4, which may be a consideration for families prioritizing high-performing educational districts.
Located in a gated community on the east side of Las Vegas, this well-maintained 2-bedroom, 2-bathroom unit offers 1,029 square feet of comfortable living space with convenient access to freeways, schools, shopping, and dining. The open-concept layout features spacious bedrooms, newer appliances, and a private patio perfect for relaxing outdoors. A recently installed $16,000 AC unit adds major value and peace of mind. This home has been used as a second residence, occupied only a few times a year. The sellers installed window boards to help keep heat out during the summer months, which can be easily removed if desired. Residents enjoy community amenities including a pool, spa, and beautifully landscaped grounds, all in a centrally located neighborhood with easy freeway access. Sellers are also offering a $4,000 carpet/flooring credit, making this a great opportunity to add your personal touch.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,029 | - |
| Lot Size | - | - |
| Price | $219.0K | $217.2K |
| Price per sq ft | $213 | $219 |
| Built year | 1994 | 0 |
| HOA | $245 | $0 |
| Days on market | 71 | 828 |
May 12, 2026
$219,000
Initial Listing