3145 East Flamingo Road 1055, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
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Las Vegas, NV 89121
This Condominium Asset is a Strong Value Opportunity, listed at $195,000—positioned slightly above the $190,199 Fair Market Value. While the property requires cosmetic modernization to address its Condition Rating of 4, the Split-Bedroom Layout and Resort-Style Amenities provide significant rental appeal. Its strategic proximity to the Las Vegas Strip and UNLV ensures consistent demand for long-term tenants. This property is an ideal acquisition for Buy-and-Hold Investors seeking a stable rental asset or first-time buyers looking to enter the market with a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3145 East Flamingo Road 1055 Subject | $195,000* List Price | 2 | 2 | 981 | $194 | - |
A 3145 E Flamingo Road 2036 Sold | $241,000 | 3 | 2 | 1,061 | $227 | 0.0 mi |
B 3145 East Flamingo Road 2129 Active | $187,900 List Price | 2 | 2 | 981 | $192 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the >20y category. While it appears well-maintained with updated laminate flooring, the kitchen and bathrooms feature dated oak cabinetry and 90s-style mirrored closets. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
Situated minutes from the Las Vegas Strip, UNLV, and Harry Reid International Airport, this property offers exceptional convenience for commuters and high potential for rental demand.
The split-bedroom floor plan provides maximum privacy, with each bedroom featuring its own full bathroom, making it an ideal configuration for roommates or guests.
The community offers an extensive amenity package including two pools, a sauna, a fitness center, and a clubhouse, providing significant lifestyle value for the price point.
Built in 1990, the property may require capital improvements or interior modernization to compete with newer luxury-style developments in the Las Vegas market.
As a downstairs unit, the property may be subject to noise transfer from upper-level neighbors, which can be a consideration for buyers seeking absolute quiet.
Luxury-style living in the heart of Las Vegas! This downstairs unit has all you ask for oversized windows, and abundant natural light. The open floor plan includes a spacious living area and a kitchen with a breakfast bar, ample cabinet space, and all appliances included. The split-bedroom layout offers added privacy, with each bedroom featuring its own full bath. The primary suite boasts a large Roman soaking tub and a skylight that fills the space with natural light. Enjoy your private covered patio and assigned covered parking. Resort-style community amenities include two pools, spas, a sauna, fitness center, clubhouse, BBQ areas, and a playground. Ideally located just minutes from the Las Vegas Strip, Harry Reid International Airport, UNLV, major freeways, shopping, and dining, this home is perfect as a primary residence, vacation home, or investment property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 981 | - |
| Lot Size | 981 | - |
| Price | $195.0K | $217.2K |
| Price per sq ft | $199 | $219 |
| Built year | 1990 | 0 |
| HOA | $287 | $0 |
| Days on market | 3 | 828 |
Jul 19, 2026
$195,000
Initial Listing