5086 Jeffreys Street 201, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This property presents a High-Potential Investment Opportunity with a List Price of $199,999—positioned well above the $178,211 Fair Market Value by -12%. Featuring a Fair Condition Rating (1987 build), the unit requires a full interior rehab to modernize dated finishes. The asset offers strategic proximity to the Las Vegas Strip and UNLV, alongside Dual Private Balconies and Gated Community access. This is a value-add project ideal for Buy-and-Hold Investors or first-time buyers capable of executing renovations to capture long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5086 Jeffreys Street 201 Subject | $199,999* List Price | 2 | 2 | 1,000 | $178 | - |
A 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | 0.5 mi |
B 1675 Jupiter Court C Sold | $154,900 List Price | 2 | 2 | 980 | 0.9 mi | |
C 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.4 mi |
D 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.4 mi |
E 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.4 mi |
F 1751 E Reno Avenue 128 Sold | $188,485 | 2 | 2 | 1,164 | $162 | 0.4 mi |
G 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.9 mi |
H 1376 Dorothy Avenue 3 Sold | $187,000 | 2 | 1 | 880 | $213 | 0.9 mi |
I 5064 Jeffreys Street 201 Active | $189,900 List Price | 2 | 2 | 1,000 | $190 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37 years old) with no evidence of major renovations, placing it in the >30y category. The kitchen and bathrooms appear original with dated tile countertops and cabinetry. The presence of a wall-mounted AC unit suggests aging or inefficient climate control systems, and the property requires a full interior rehab to meet modern standards.
The property is ideally situated with quick access to the Las Vegas Strip, UNLV, and Harry Reid International Airport, making it highly attractive for commuters, students, and investors.
A rare feature for a condo, this unit boasts two separate balconies—one off the kitchen and one off the primary suite—enhancing the living space and providing excellent outdoor ventilation.
Priced under $200,000 with a motivated seller and located within a gated community, this property offers an affordable entry point into the Las Vegas market with significant rental potential.
The assigned public schools, particularly the high school and one elementary school, carry low ratings (2/10), which may be a concern for families prioritizing education.
Built in 1987, the property may require more frequent maintenance or cosmetic updates to compete with newer developments in the surrounding area.
Motivated seller! This well-maintained 2-bedroom, 2-bath condo is located on the second floor in a gated community, offering both privacy and convenience. One of its standout features is the two private balconies—one just off the kitchen, perfect for enjoying your morning coffee or an evening meal, and another off the primary bedroom, creating a quiet place to relax at the end of the day. Inside, the living area feels bright and open thanks to the natural light coming through the sliding glass doors. The kitchen has a functional layout with easy access to the balcony, making indoor and outdoor living feel connected. The spacious primary suite includes its own bathroom and private balcony, while the second bedroom is ideal for guests, a roommate, or a home office. The community offers gated access for added peace of mind, and the pool is just a short walk away, making it easy to enjoy a swim or relax outdoors. The location is another major plus, with quick access to the Las Vegas Strip, UNLV, Harry Reid International Airport, shopping, dining, and everyday essentials.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,000 | - |
| Lot Size | 1,922 | - |
| Price | $200.0K | $217.2K |
| Price per sq ft | $200 | $219 |
| Built year | 1987 | 0 |
| HOA | $225 | $0 |
| Days on market | 3 | 828 |
Jul 23, 2026
$199,999
Initial Listing
Mar 25, 1994
$77,500
Public Record