
Las Vegas, NV 89115
This Functional Downstairs Condominium is listed at $168,000, representing a stable acquisition price aligned with its $164,256 Fair Market Value. The residence features high ceilings, a brick wood-burning fireplace, and a private balcony accessible from the master suite. While the property maintains a Condition Rating of 4, the original cabinetry and countertops provide a clear value-add opportunity for investors to force appreciation through modernization. With in-unit laundry and community pool access, this asset ensures consistent tenant appeal. This is a strategic opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2981 Country Manor Lane 9 Subject | $168,000* List Price | 2 | 2 | 1,015 | $162 | - |
A 3770 Shirebrook Drive 160 Sold | $153,000 List Price | 2 | 1 | 957 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property is functional but shows its age with outdated features. While the unit has durable tile flooring and high ceilings, the kitchen and bathrooms require modernization. Specifically, the bathroom shows a damaged mirror and original-style cabinetry, and the kitchen features older appliances and basic laminate countertops that reflect the property's age without recent major renovations.
As a downstairs unit with high ceilings and an open floor plan, this property offers excellent accessibility and a sense of spaciousness rarely found in older condominiums.
Priced competitively at $168,000 with in-unit laundry and assigned covered parking, this property represents a high-value opportunity for investors seeking consistent rental income.
The inclusion of a community pool for summer cooling and a wood-burning fireplace for winter comfort provides year-round lifestyle appeal for tenants or owners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10120, other record lot size in square feet = 3025.
Built in 1982, the property may require capital improvements or cosmetic updates to remain competitive with newer developments in the Las Vegas market.
The assigned middle and high schools carry low ratings (3 and 2 respectively), which may limit the property's appeal to families and impact long-term appreciation.
2 bedroom 2 full bath. The condo is located downstairs and features high ceilings and an open floor plan. Large living room with brick wood-burning fireplace. Spacious master bedroom with walk-in closet and master bathroom. Balcony access from both the living area & master bedroom. Washer and Dryer in unit. Assigned cover parking. Plenty of guest parking. Escape the summer heat in the community pool. Great income property for savvy investors. Convenient to freeways, shopping, schools and restaurants.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,015 | 974 | 75% |
| Lot Size | 10,120 | - | 95% |
| Price | $168.0K | $145.0K | 75% |
| Price per sq ft | $166 | $149 | 88% |
| Built year | 1982 | 2000 | 3% |
| HOA | $288 | $139 | 90% |
| Days on market | 63 | 2071 | 3% |
Feb 18, 2026
$168,000
Initial Listing
Aug 22, 2001
$27,000
Public Record
Mar 31, 1995
$41,000
Public Record