5029 Spencer Street A, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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5029 Spencer Street A
Las Vegas, NV 89119
ACTIVE
CONDITION: POOR
2Beds
2Baths
970Sq Ft
21,103Lot Size
Property Price
LIST PRICE$133,000
SUMMARY
Analysis of 5029 Spencer Street A, Las Vegas, NV 89119 is currently available with a list price of $133,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (>30 years old) and explicitly marketed as a 'fix and flip' opportunity, indicating the interior likely requires significant rehabilitation. The probate status and low price point further suggest deferred maintenance and original, outdated systems/finishes.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
Priced competitively at $133,000, this property offers a significant entry-level opportunity for investors looking for a high-yield rental or a profitable fix-and-flip project in the Las Vegas market.
- Functional Open Layout
The 970 sq. ft. floor plan features a spacious open concept and private patio, providing a modern flow that maximizes the living area and appeals to contemporary tenant preferences.
- Strategic Location
Located in the 89119 zip code, the property boasts excellent proximity to major highways, shopping, and dining, ensuring high demand due to its central and convenient accessibility.
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.
- Probate Sale Complexity
The requirement for probate court approval can lead to a significantly longer and more unpredictable closing timeline compared to a standard residential sale.
- Deferred Maintenance Potential
Built in 1979 and marketed as a renovation opportunity, the property likely requires substantial capital expenditure for updates and repairs to meet current market standards.
About 5029 Spencer Street A
Charming 2-bed, 2-bath townhome at 5029 Spencer Street #A in Las Vegas. This home features a spacious open floor plan, a cozy kitchen, and ample closet space in both bedrooms. Enjoy a private patio for outdoor relaxation and easy access to nearby shopping, dining, and major highways. Ideal for investors looking for a great fix and flip or rental opportunity. This property is subject to probate court approval. Don’t miss out on this fantastic home, call THE COLLECTION Today before it's SOLD !!
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
6/10
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 970 | 1,414.01 |
| Lot Size | 21,103 | 2,178 |
| Price | $133.0K | $333.8K |
| Price per sq ft | $137 | $236 |
| Built year | 1979 | 1997 |
| HOA | $200 | $202 |
| Days on market | 7 | 70 |
Pricing History
Listed for Sale
Sep 2, 2026
$133,000
Initial Listing