5125 W Reno Avenue 1068, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
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Las Vegas, NV 89118
This Upgraded Southwest Condominium is listed at $279,800, representing a stable and fair entry point relative to its $275,910 Fair Market Value. Maintaining a Condition Rating of 3, the interior showcases modern wood-look tile flooring, updated cabinetry, and a kitchen equipped with stainless steel appliances. The property offers a rare exceptional parking capacity, including a private 2-car garage and an additional front space. While the delayed possession until January 2026 requires patience, the proximity to the Strip ensures long-term desirability. This is an ideal asset for Buy-and-Hold Investors or Patient Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5125 W Reno Avenue 1068 Subject | $279,800* List Price | 2 | 2 | 1,279 | $216 | - |
A 5125 W Reno Avenue 2076 Sold | $282,000 | 2 | 2 | 1,287 | $219 | 0.0 mi |
B 5125 W Reno Avenue 2076 Sold | $282,000 | 2 | 2 | 1,287 | $219 | 0.0 mi |
C 5125 W Reno Avenue 2060 Sold | $275,000 | 2 | 2 | 1,108 | $248 | 0.0 mi |
D 4955 Lindell Road 105 Sold | $266,000 | 3 | 2 | 1,202 | $221 | 0.5 mi |
E 5125 W Reno Avenue 2060 Sold | $239,000 List Price | 2 | 2 | 1,108 | 0.0 mi | |
F 5000 RED ROCK Street 259 Sold | $253,000 | 2 | 2 | 1,212 | $209 | 0.7 mi |
G 5225 W Reno Avenue 104 Active | $235,000 List Price | 2 | 2 | 1,070 | $220 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior upgrades that surpass its 1993 original construction. Notable improvements include modern wood-look tile flooring throughout the main living areas, updated dark wood kitchen cabinetry, and stainless steel appliances. The unit appears well-maintained with contemporary fixtures and finishes, fitting the criteria for a property that has been extensively updated within the last 5 to 15 years.
Rare for a condominium, this unit includes a private 2-car garage plus an additional front parking space, providing a total of three dedicated spots which is a significant competitive advantage.
Situated in the highly desirable Southwest Las Vegas area, the property offers excellent proximity to the New Orleans Casino, major commercial centers, and convenient transit routes.
At 1,279 square feet, this upgraded condo features a generous floor plan with two full bathrooms and modern finishes, offering high value for its price point.
The current tenant is not scheduled to move out until January 2026, which limits the property's appeal to immediate owner-occupants and requires a buyer comfortable with a long-term lease transition.
The assigned middle and high schools carry lower ratings (4/10), which may deter families prioritizing top-tier education and could impact future resale velocity.
TENANT MOVING OUT ON JANUARY 2026. OWNER DECIDE TO SELL! SOUTHWEST LOCATION VERY NEAR IN NEW ORLEAN CASINO AND COMMERCIAL AREAS. UPGRADED CONDO 2 BEDROOMS, 2 FULL BATH AND PLUS 2 CAR GARAGE AND FRONT PARKING SPACE MAKING IT 3 PARKING SPACES JUST FOR NEW OWNER. CHECK AND VIEW! TY.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,279 | 1,034 | 86% |
| Lot Size | 9,883 | - | 85% |
| Price | $279.8K | $184.5K | 94% |
| Price per sq ft | $219 | $205 | 57% |
| Built year | 1993 | 1996 | 40% |
| HOA | $179 | $220 | 29% |
| Days on market | 152 | 986 | 11% |
Nov 21, 2025
$279,800
Initial Listing