
Las Vegas, NV 89101
This 2-Bedroom Condominium represents a High-Potential Investment Opportunity with a List Price of $137,500—positioned well below the $142,466 Fair Market Value by 3%. This valuation provides $4,966 in Instant Equity for an incoming buyer. While maintaining a Condition Rating of 4 with original 1980s finishes, the asset features a functional 908-square-foot layout and rare Two Covered Carports with a Large Storage Unit. Centrally located near schools and shopping, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-barrier entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2908 Siki Court C Subject | $137,500* List Price | 2 | 1 | 908 | $157 | - |
A 506 Wardelle Street C Active | $170,000 List Price | 2 | 1 | 1,002 | $170 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is in mostly original condition and shows its age. The kitchen features dated cabinetry, laminate countertops, and older white appliances, while the bathroom and flooring (carpet) appear functional but outdated. It meets the 'fair' criteria as an aged home maintained through regular upkeep but lacking modern renovations or style updates.
Priced competitively at $137,500 with a proven track record of reliable tenants, this property represents an excellent entry-level opportunity for investors seeking consistent cash flow.
The inclusion of two covered carports and a large dedicated storage unit provides exceptional utility and value that is rarely found in standard condominium units at this price point.
The 908 sqft floor plan is well-optimized with an open living area, a dedicated laundry room, and a larger primary bedroom, enhancing the overall livability of the space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2018, other record lot size in square feet = 912.
Having only one bathroom for a two-bedroom unit may limit appeal for certain tenant profiles or families compared to more modern two-bathroom configurations.
Built in 1980, the property may require near-term capital expenditures for modernizing fixtures or addressing aging infrastructure common in older developments.
2-bedroom unit with a laundry room and a spacious, open floor plan. Centrally located and near schools and shopping. A great investment property with a track record of great tenants. Larger primary bedroom and living room. Two covered carports are included with this property. One large storage unit inside the carport.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 908 | 908 | 50% |
| Lot Size | 2,018 | 2,018 | 50% |
| Price | $137.5K | $99.0K | 67% |
| Price per sq ft | $151 | $134 | 67% |
| Built year | 1980 | 1980 | 50% |
| HOA | $220 | $220 | 50% |
| Days on market | 23 | 120 | 33% |
Mar 30, 2026
$137,500
Initial Listing