
Las Vegas, NV 89130
This centrally located 2-bedroom condominium represents a High-Potential Investment Opportunity with a List Price of $158,500—positioned well below the $213,572 Fair Market Value by 25%. This significant valuation gap provides $55,072 in Instant Equity. While maintaining a Fair Condition Rating with dated cabinetry and vanities, the unit features vaulted ceilings and dual primary bedrooms, offering strong rental appeal. Despite underperforming local schools, its proximity to the Las Vegas Strip ensures consistent demand. This is an ideal acquisition 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 |
|---|---|---|---|---|---|---|
★ 3318 N Decatur Boulevard 2034 Subject | $157,500* List Price | 2 | 2 | 976 | $148 | - |
A 3318 N Decatur Boulevard 2007 Sold | $152,910 | 2 | 2 | 976 | $157 | 0.1 mi |
B 3318 N Decatur Boulevard 2094 Sold | $180,000 List Price | 2 | 2 | 976 | 0.1 mi | |
C 3318 N Decatur Boulevard 2057 Sold | $143,250 | 3 | 2 | 1,140 | $126 | 0.0 mi |
D 3318 DECATUR Boulevard 1088 Sold | $192,000 | 3 | 2 | 1,116 | $172 | 0.1 mi |
E 3318 N Decatur Boulevard 2082 Sold | $158,000 | 2 | 2 | 976 | $162 | 0.1 mi |
F 3318 Decatur Boulevard 2094 Sold | $115,000 List Price | 2 | 2 | 976 | 0.1 mi | |
G 3318 N Decatur Boulevard 1069 Pending | $155,000 List Price | 2 | 2 | 976 | $159 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is well-maintained and move-in ready, but falls into the 'fair' category based on its age (28 years) and level of renovation. While the kitchen has been partially updated with stone countertops and laminate flooring, it retains dated elements such as original-style white cabinetry and a fluorescent light fixture. The bathrooms also appear to feature original oak-style vanities. The property shows regular upkeep but lacks the extensive, full-scale renovation required for a higher rating.
Priced below market comparables at $158,500, this property represents an excellent entry-level opportunity for first-time buyers or a high-yield potential for investors.
The unit features dual primary bedrooms and vaulted ceilings in the family room, providing a spacious feel and a functional layout rarely found at this price point.
Situated with convenient access to major freeways, shopping centers, and the Las Vegas Strip, the property offers a highly accessible lifestyle for commuters and entertainment seekers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11156, other record lot size in square feet = 2348.
The monthly association fee of $418 is relatively high for the price point, which may impact overall affordability and investor cash flow.
The local assigned schools carry low ratings ranging from 2 to 3, which could be a significant consideration for families with school-aged children.
REDUCED! Centrally Located 2 Bedroom, 2 Full Bath Condo With Easy Access To Schools, Shopping, Freeways And Minutes From World-Class Entertainment Of The Las Vegas Strip. Open Floorplan Featuring Vaulted Ceilings In The Family Room, Cozy Fireplace And A Galleried Kitchen Perfect For Entertaining Family And Friends. Dual Primary Bedrooms Each With Their Own Full Bath Provide Ideal Privacy And Flexibility. Recent Upgrades Include Washer And Dryer Less Than 1 Year Old, Refrigerator, Carpet And Interior Paint Less Than 2 Years Old, And HVAC System Less Than 3 Years Old. Perfect Opportunity For First-Time Buyers, Downsizers Or Investors. Priced Below Comparable Properties—This One Will Not Last!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.6 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 | 976 | 1,140 | 26% |
| Lot Size | 11,156 | 2,794 | 74% |
| Price | $157.5K | $152.9K | 52% |
| Price per sq ft | $161 | $150 | 57% |
| Built year | 1998 | 1998 | 50% |
| HOA | $418 | $165 | 83% |
| Days on market | 34 | 772 | 4% |
Apr 16, 2026
$157,500
$158,500
-1% Price Drop
Initial Listing
Mar 19, 2026
$158,500
Initial Listing