5078 Spencer Street B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
5078 Spencer Street B
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 5078 Spencer Street B, Las Vegas, NV 89119 is currently available with a list price of $230,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and well-maintained, featuring a desirable floor plan with no carpet throughout, which indicates recent flooring updates. While the building was constructed in 1982, the interior appears to have been updated within the 5 to 15-year window required for a 'good' rating. The kitchen and bathrooms are functional and clean, and the presence of two private balconies and a fireplace adds to the overall quality and appeal without the need for immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated less than two miles from the Las Vegas Strip, UNLV, and Harry Reid International Airport, this property offers exceptional convenience and high rental demand potential.
- Low-Maintenance Interior
The unit is move-in ready with no carpet throughout, providing a modern aesthetic and a durable, easy-to-clean living environment.
- Dual Private Balconies
Unlike many standard condos, this unit features two separate private balconies—one off the living area and one off the primary suite—enhancing the indoor-outdoor flow.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2635, other record lot size in square feet = 1064.
- Underperforming School District
The assigned public schools carry low ratings (as low as 2/10), which may be a significant deterrent for families and could impact long-term appreciation.
- Property Age
Built in 1982, the property may soon require updates to aging infrastructure or common area systems that are typical for developments of this vintage.
About 5078 Spencer Street B
MOVE-IN READY 2 BEDROOM, 2 BATH CONDO WITH PRIME LOCATION! WELCOME HOME TO THIS SPACIOUS 2-BEDROOM, 2 FULL-BATH CONDO FEATURING A DESIRABLE FLOOR PLAN AND NO CARPET THROUGHOUT. THIS DOWNSTAIRS UNIT OFFERS TWO PRIVATE BALCONIES—ONE OFF THE LIVING ROOM AND ANOTHER OFF THE PRIMARY BEDROOM—PERFECT FOR RELAXING OR ENTERTAINING. ENJOY A GENEROUS LIVING ROOM WITH A COZY FIREPLACE, LARGE BEDROOMS WITH AMPLE CLOSET SPACE, AND A BRIGHT, OPEN LAYOUT DESIGNED FOR COMFORT AND CONVENIENCE. *CONDO IS LESS THAN 2 MILES FROM HARRY REID INTERNATIONAL AIRPORT, THE LAS VEGAS STRIP, AND UNLV! DON’T MISS YOUR CHANCE TO OWN THIS BEAUTIFUL, WELL-MAINTAINED CONDO IN THE HEART OF IT ALL!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 2,635 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.2 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 | 1,000 | 970 | 68% |
| Lot Size | 2,635 | 750 | 70% |
| Price | $230.0K | $125.0K | 97% |
| Price per sq ft | $230 | $167 | 92% |
| Built year | 1982 | 1980 | 54% |
| HOA | $300 | $215 | 88% |
| Days on market | 134 | 422 | 20% |
Pricing History
Listed for Sale
Oct 24, 2025
$230,000
Initial Listing