5125 W Reno Avenue 1068, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5125 W Reno Avenue 1068
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5125 W Reno Avenue 1068, Las Vegas, NV 89118 is currently available with a list price of $279,800. 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 features several modern upgrades including updated laminate flooring, stainless steel kitchen appliances, and refreshed countertops. Although built in 1993, the interior has been well-maintained and renovated within a timeframe that meets current market standards for a 'good' condition, showing minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Parking Capacity
Rare for a condominium, this unit features a two-car garage plus an additional front parking space, providing a total of three dedicated spots for the owner.
- Strategic Southwest Location
The property is ideally situated in the Southwest near the Orleans Casino and major commercial corridors, offering convenient access to entertainment, dining, and shopping.
- Spacious Upgraded Layout
Boasting nearly 1,300 square feet of living space with modern upgrades, this unit offers a more generous and contemporary interior than many standard two-bedroom condos.
CONSRISKS & DEFICIENCIES
- Delayed Occupancy
With the current tenant not moving out until January 2026, this property is not suitable for owner-occupants needing immediate possession.
- Average School Ratings
The assigned middle and high schools are rated below average, which may be a consideration for families prioritizing top-tier educational districts.
About 5125 W Reno Avenue 1068
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- 9,883 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $179 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.5 mi
Grant Sawyer Middle School
Grades 6-8 • 1.5 mi
Durango High School
Grades 9-12 • 2.0 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 | 1,279 | 1,070 | 89% |
| Lot Size | 9,883 | - | 86% |
| Price | $279.8K | $172.0K | 95% |
| Price per sq ft | $219 | $196 | 63% |
| Built year | 1993 | 1994 | 42% |
| HOA | $179 | $220 | 33% |
| Days on market | 106 | 570 | 5% |
Pricing History
Listed for Sale
Nov 21, 2025
$279,800
Initial Listing