510 Elm Drive 106, Las Vegas, NV 89169, Las Vegas, 89169 - 1 bed, 1 bath
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Las Vegas, NV 89169
This Updated Urban Condominium is a strategic Investment Asset listed at $147,000, offering price stability aligned with its $136,976 Fair Market Value. Featuring a Condition Score of 3, the interior boasts New Flooring, Fresh Paint, and New Countertops, providing a turnkey solution minutes from the Las Vegas Strip and the Sphere. Served by Dean Petersen Elementary, William E Orr Middle, and Valley High, the property’s value lies in its proximity to major employment hubs and its Private Patio. This asset is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 Elm Drive 106 Subject | $147,000* List Price | 1 | 1 | 462 | $296 | - |
A 470 Elm Drive 102 Sold | $130,000 | 1 | 1 | 462 | $281 | 0.1 mi |
B 440 Elm Drive 103 Sold | $120,000 | 1 | 1 | 462 | $260 | 0.1 mi |
C 440 Elm Drive 103 Sold | $159,900 List Price | 1 | 1 | 462 | 0.1 mi | |
D 460 Elm Drive 103 Sold | $146,000 | 1 | 1 | 462 | $316 | 0.1 mi |
E 460 Elm Drive 103 Sold | $146,000 | 1 | 1 | 462 | $316 | 0.1 mi |
F 460 ELM Drive 103 Sold | $146,000 | 1 | 1 | 462 | $316 | 0.1 mi |
G 450 Elm Drive 205 Active | $149,777 List Price | 1 | 1 | 462 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent cosmetic updates including new flooring, fresh paint, and new countertops. While the kitchen cabinets and white appliances are dated and the bathroom fixtures are basic, the unit is well-maintained with no immediate renovations required, fitting the criteria for a functional, updated older property.
The property is situated just minutes from the Las Vegas Strip and the iconic Sphere, offering exceptional proximity to world-class entertainment, dining, and major employment hubs.
Featuring new flooring, fresh paint, and updated countertops, the unit is in move-in-ready condition, which minimizes immediate renovation costs for a new owner.
With a competitive price point under $150,000 and a relatively low monthly association fee of $184, this property serves as an affordable entry point for real estate investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3145, other record lot size in square feet = 1190.
At only 462 square feet, the compact size of this one-bedroom unit may limit its appeal to single occupants and could restrict long-term tenant retention.
The assigned public schools for this subdivision have low performance ratings (ranging from 2 to 3), which may negatively impact the property's desirability for families and long-term appreciation.
Investment opportunity! Beautiful property minutes from the strip and the Famous Las Vegas Sphere. New Flooring, New painting, new counter top.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 462 | 727 | 13% |
| Lot Size | 3,145 | 1,000 | 62% |
| Price | $147.0K | $130.0K | 59% |
| Price per sq ft | $318 | $186 | 81% |
| Built year | 1985 | 1976 | 55% |
| HOA | $184 | $208 | 43% |
| Days on market | 104 | 742 | 9% |
Jan 8, 2026
$147,000
Initial Listing