5080 Indian River Drive 400, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
Loading property details...
5080 Indian River Drive 400
Las Vegas, NV 89103
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
978Sq Ft
978Lot Size
Property Price
LIST PRICE$195,000
EST. MARKET VALUE
$198,157
SUMMARY
This Turnkey Condominium represents a Prime Investment Opportunity, listed at a List Price of $195,000—positioned well below the $200,745 Fair Market Value by 2%. This valuation gap provides $5,745 in Instant Equity. Featuring a Mint Condition Rating with a fully remodeled kitchen, new stainless steel appliances, and modern flooring, this unit offers a hassle-free lifestyle. Located in a guard-gated community with premium amenities and proximity to the airport, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$198,157
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5080 Indian River Drive 400 Subject | $195,000* List Price | 2 | 2 | 978 | $203 | - |
A 5278 River Glen Drive 419 Sold | $187,000 | 2 | 2 | 978 | $191 | 0.2 mi |
B 5121 River Glen Drive 138 Sold | $165,000 | 2 | 1 | 816 | $202 | 0.0 mi |
C 5576 West Rochelle Avenue 6 C Sold | $206,000 | 2 | 2 | 1,058 | $195 | 0.4 mi |
D 5221 River Glen Drive 195 Sold | $180,000 | 2 | 2 | 978 | $184 | 0.1 mi |
E 5576 W Rochelle Avenue 32A Sold | $209,000 | 2 | 2 | 1,058 | $198 | 0.4 mi |
F 5163 Indian River Drive 205 Sold | $152,000 | 1 | 1 | 700 | $217 | 0.1 mi |
G 4411 Alexis Drive 448 Sold | $160,000 | 2 | 2 | 978 | $164 | 0.2 mi |
H 5404 River Glen Drive 353 Active | $240,000 List Price | 2 | 2 | 978 | $245 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a comprehensive recent renovation within the last year. It features a fully remodeled kitchen with new stainless steel appliances, updated bathrooms with modern fixtures, brand new carpet and laminate flooring, and fresh paint throughout, meeting the criteria for mint condition and no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Renovation
The property is fully remodeled with brand new stainless steel appliances, modern fixtures, fresh paint, and upgraded flooring, offering a move-in-ready experience for buyers.
- Comprehensive Community Amenities
Located in a guard-gated community, residents have access to premium facilities including a pool, tennis courts, fitness center, and clubhouse, providing excellent lifestyle value.
- Prime Central Location
Situated just minutes from the airport and a variety of dining and shopping options, the property offers high convenience and strong potential for rental demand.
CONSRISKS & DEFICIENCIES
- Building Age
Built in 1982, the underlying infrastructure and common areas may require more frequent maintenance compared to newer condominium developments.
- Second-Floor Accessibility
As an upstairs unit, the lack of ground-floor access may be a drawback for individuals with mobility concerns or those preferring easier entry for moving large items.
About 5080 Indian River Drive 400
2 BEDROOM 2 BATH FULLY REMODELED CONDO IN GUARD GATED COMMUNITY* RECENTLY RENOVATED CONDO UPSTAIRS 2 BEDROOM 2 BATH CONDO* BRAND NEW UPGRADED CARPET THROUGHOUT* NEW LAMINATE FLOORING IN KITCHEN + BATHROOMS + HALLWAY* FRESHLY PAINTED* NEW MODERN FIXTURES THROUGHOUT* NEW STAINLESS STEEL APPLIANCES IN KITCHEN + NEW WASHER AND DRYER IN UNIT* BREAKFAST BAR OFF KITCHEN* TWO STORAGE CLOSESTS* BALCONY* COMMUNITY POOL* COMMUNITY TENNIS COURTS* COMMUNITY CLUBHOUSE + FITNESS CENTER + PLAYGROUND* GUARD GATED* NEAR PLENTY OF DINING AND SHOPPING OPTIONS* ONLY MINUTES AWAY FROM THE AIRPORT* TURN KEY PROPERTY READY FOR YOU TO MOVE IN! TVS ALREADY INSTALLED AND READY FOR YOU!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 978 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $308 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.4 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.1 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 978 | 1,059.468 |
| Lot Size | 978 | 6,055.359 |
| Price | $195.0K | $225.8K |
| Price per sq ft | $199 | $213 |
| Built year | 1982 | 1996 |
| HOA | $308 | $254 |
| Days on market | 44 | 71 |
Pricing History
Listed for Sale
Jul 27, 2026
$195,000
Initial Listing