5023 Spencer Street B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
5023 Spencer Street B
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 5023 Spencer Street B, Las Vegas, NV 89119 is currently available with a list price of $207,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation within the last 5 years, featuring a fully modernized kitchen with shaker cabinets and stainless steel appliances, new flooring throughout, and updated major systems including a new A/C (2021) and water heater (2025). All interior components, including window coverings and the washer/dryer, are new or virtually new, meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior & Systems
The property features significant recent upgrades including a remodeled kitchen with shaker cabinets, new flooring throughout, and a new A/C system installed in 2021, offering a move-in-ready experience.
- Strategic Location
Situated minutes from UNLV and the Las Vegas Strip, this home offers exceptional convenience for students, professionals, or investors seeking a high-demand rental area with low-maintenance living.
- Unique End-Unit Features
As a 'B' end unit, the property provides enhanced privacy with a private back patio and an oversized 1-car garage that offers direct, secure access to the home through an enclosed porch.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21103, other record lot size in square feet = 2256.
- Limited Living Space
At just 828 square feet for a two-bedroom layout, the interior may feel restrictive for buyers requiring larger living areas or significant storage space.
- Low School Ratings
The assigned public schools for this address have ratings as low as 2/10, which may deter families with children and impact the property's long-term appreciation potential.
About 5023 Spencer Street B
Truly charming, updated, 2-bed, 1.5-bath condo minutes from UNLV, Las Vegas Strip, & top shopping spots. New, new floors t/o The modernized kitchen offers stainless appliances, upgraded shaker cabinets/pulls, & new countertops Enjoy cozy evenings relaxing by the gas fireplace in the living space You will surely utilize the private back patio just off the dining space, it is perfect for entertaining friends & family or just relaxing with a beverage morning or night New wood landing stairs lead you up stairs to the 2 spacious bedrooms & full bath NEW window coverings throughout. NEW 2 in 1 upgraded washer dryer combo The oversized 220 ft 1-car garage has access to the front enclosed porch for easy, safe access to the home This is unique to the B (end)units Potential for a first home, an income investment property, or vacation retreat The low HOA fees include the water, trash and sewer usage, pool, and spa This place is excellent for low- maintenance living New A/C in 2021 & water 1yr ago
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 21,103 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.3 mi
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 828 | 1,405 | 6% |
| Lot Size | 21,103 | 1,742 | 94% |
| Price | $207.0K | $195.0K | 59% |
| Price per sq ft | $250 | $147 | 94% |
| Built year | 1979 | 1980 | 47% |
| HOA | $200 | $170 | 53% |
| Days on market | 56 | 863 | 6% |
Pricing History
Listed for Sale
Jan 10, 2026
$207,000
Initial Listing
Sold
Apr 24, 1996
$57,500
Public Record