3145 E Flamingo Road 1122, 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 $199,888—positioned well above the $170,855 Fair Market Value by -16%. While the pricing reflects a premium, the Fair Condition Rating and functional 2-bedroom layout offer a stable foundation for value-add renovations. Featuring a private patio and a prime location near the Las Vegas Strip, this asset provides strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a central, accessible entry point into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3145 E Flamingo Road 1122 Subject | $199,888* List Price | 2 | 2 | 892 | $192 | - |
A 3145 E Flamingo Road 1075 Sold | $198,880 List Price | 2 | 2 | 981 | 0.1 mi | |
B 4050 Pacific Harbors Drive 107 Sold | $194,750 | 2 | 2 | 973 | $200 | 0.6 mi |
C 3145 E Flamingo Road 2129 Active | $189,900 List Price | 2 | 2 | 981 | $194 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), this property features recent cosmetic updates such as neutral paint and modern wood-look laminate flooring. However, the kitchen and bathrooms remain dated, featuring original-style oak cabinetry and older white appliances that likely exceed 15-20 years of age. While move-in ready, the core functional areas require modernization to move beyond a 'Fair' rating.
Situated minutes from Harry Reid International Airport and the Las Vegas Strip, this property offers exceptional accessibility to major employment hubs, dining, and entertainment.
As a corner unit, the condo benefits from increased privacy and additional natural light compared to interior units, enhancing the overall living experience.
Priced under $200,000 with a functional 2-bedroom layout and updated interior, this property represents a strong entry point for first-time buyers or rental investors.
Built in 1990, the complex may require ongoing maintenance or face future assessments related to aging common area components despite the individual unit's updates.
With 892 square feet distributed across two bedrooms and two bathrooms, the interior layout may feel restrictive for buyers seeking spacious communal areas.
Welcome to this beautifully updated chic corner-unit condo featuring 2 bedrooms and an unbeatable central valley location. Conveniently located just minutes from the Harry Reid International Airport, the Las Vegas Strip, shopping malls, dining, and major grocery stores, this home offers both comfort and convenience. Enjoy abundant guest parking and a functional layout perfect for everyday living. Whether you’re a first-time homebuyer searching for an affordable place to call home or an investor looking for a great rental opportunity, this condo is a must-see!
No exterior & parking available.
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 | 892 | 1,029 | 16% |
| Lot Size | 8,628 | - | 94% |
| Price | $199.9K | $178.9K | 84% |
| Price per sq ft | $224 | $180 | 84% |
| Built year | 1990 | 1994 | 31% |
| HOA | $250 | $196 | 88% |
| Days on market | 14 | 1072 | 3% |
May 23, 2026
$199,888
Initial Listing