
Las Vegas, NV 89119
This Lower-Level Condominium is a strategic Value-Add Asset located minutes from UNLV and the Las Vegas Strip. Listed at $159,300, the property is positioned relative to its $94,365 Fair Market Value, following recent price reductions to align with market demand. Carrying a Condition Score of 5, the interior requires a comprehensive renovation of original 1984 finishes to reach modern standards. Located next to the central swimming pool in a gated complex, the unit offers strong rental demand potential despite lower-rated schools like Valley High. This is an optimal project for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3823 S Maryland Parkway B6 Subject | $159,300* List Price | 2 | 2 | 892 | $106 | - |
A 1455 E Katie Avenue C11 Sold | $128,500 | 1 | 1 | 724 | $177 | 0.3 mi |
B 1455 E Katie Avenue S24 Sold | $127,500 | 1 | 1 | 724 | $176 | 0.3 mi |
C 1455 E Katie Avenue S24 Sold | $127,500 | 1 | 1 | 724 | $176 | 0.3 mi |
D 3823 S Maryland Parkway P1 Active | $180,000 List Price | 2 | 2 | 892 | $202 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of significant renovations. The kitchen and bathrooms feature original oak cabinetry, dated tile/laminate countertops, and older appliances, meeting the >30y criteria for needing rehab to reach modern standards.
The property is strategically located just minutes from UNLV and the Las Vegas Strip, making it an ideal choice for students, faculty, or hospitality professionals seeking a short commute.
As a lower-level unit situated directly next to the central swimming pool, this condo offers convenient access without the need for stairs and a desirable position within the gated complex.
Priced under $160,000 with all appliances included and a relatively low monthly association fee, this 2-bedroom unit represents a high-value entry point for first-time buyers or rental investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6186, other record lot size in square feet = 972.
The assigned public schools for this address have low ratings (ranging from 2 to 3 out of 10), which may deter families and impact long-term resale appeal.
The listing has undergone multiple price reductions since its initial post, suggesting that the property has faced challenges in attracting buyers at previous price points.
Only Minutes from UNLV and the Strip, 2 Bedroom, 2 Bathroom Condo, Lower level unit. All appliances are included, unit is located next to the central swimming pool in this gated complex.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.5 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 | 1.0 | 60% |
| Square foot | 892 | 800 | 56% |
| Lot Size | 6,186 | - | 91% |
| Price | $159.3K | $107.5K | 79% |
| Price per sq ft | $179 | $159 | 68% |
| Built year | 1984 | 1980 | 62% |
| HOA | $179 | $175 | 51% |
| Days on market | 66 | 1490 | 1% |
Apr 24, 2026
$159,300
$163,900
-3% Price Drop
Initial Listing
Apr 9, 2026
$163,900
$169,900
-4% Price Drop
Initial Listing
Apr 1, 2026
$169,900
Initial Listing