5155 West Tropicana Avenue Unit 1076, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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5155 West Tropicana Avenue Unit 1076
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,063Sq Ft
4,625Lot Size
Property Price
LIST PRICE$237,900
EST. MARKET VALUE
$219,604
8% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium presents a High-Potential Investment Opportunity, listed at $248,000—positioned above the $220,927 Fair Market Value by -12%. While the property requires cosmetic updates to modernize its Fair Condition Rating, its strategic location near the Las Vegas Strip and Allegiant Stadium ensures strong rental demand. The ground-floor layout and resort-style amenities provide immediate lifestyle value. This asset is an ideal acquisition for Buy-and-Hold Investors seeking a value-add project or first-time buyers looking to enter the market.
Estimated Market Value
$219,604
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 |
|---|---|---|---|---|---|---|
★ 5155 West Tropicana Avenue Unit 1076 Subject 2 bd · 2 ba · 1,063 sqft · $207 | $237,900* List Price | 2 | 2 | 1,063 | $207 | - |
A 5415 West Harmon Avenue 2168 Sold 2 bd · 2 ba · 1,073 sqft · $205 · 0.7 mi | $220,000 | 2 | 2 | 1,073 | $205 | 0.7 mi |
B 5415 West Harmon Avenue 1081 Sold 2 bd · 2 ba · 1,204 sqft · $212 · 0.6 mi | $255,000 | 2 | 2 | 1,204 | $212 | 0.6 mi |
C 5267 Lisagayle Court 136 Sold 2 bd · 2 ba · 1,080 sqft · $203 · 0.5 mi | $219,000 | 2 | 2 | 1,080 | $203 | 0.5 mi |
D 5404 River Glen Drive 361 Sold 2 bd · 2 ba · 978 sqft · $183 · 1.0 mi | $178,500 | 2 | 2 | 978 | $183 | 1.0 mi |
E 5220 Indian River Drive 280 Sold 2 bd · 2 ba · 978 sqft · $174 · 0.8 mi | $170,000 | 2 | 2 | 978 | $174 | 0.8 mi |
F 5155 West Tropicana Avenue 2087 Active 2 bd · 2 ba · 1,063 sqft · $221 · 0.0 mi | $234,999 List Price | 2 | 2 | 1,063 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998, the property is over 20 years old and retains its original, dated kitchen and bathroom styling, including oak cabinetry and white tile countertops. While clean, well-maintained, and functional, it requires cosmetic updates to be modernized.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated near the Las Vegas Strip, Allegiant Stadium, and major freeways, this property offers exceptional access to world-class entertainment, dining, and employment hubs.
- Ground-Floor Accessibility
The desirable first-floor location provides convenient single-level living and easy access, making it an ideal choice for those seeking to avoid stairs or looking for better mobility.
- Resort-Style Amenities
Located within a gated community, residents benefit from comprehensive amenities including multiple swimming pools, a spa, and a clubhouse, enhancing the overall lifestyle value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4625, other record lot size in square feet = 2304.
- Dated Construction
Built in 1998, the unit may require cosmetic updates or modern energy-efficiency upgrades to compete with the finishes found in newer residential developments.
- Limited Private Outdoor Space
As a condominium unit, the property lacks a private backyard or significant personal outdoor area, which may be a drawback for buyers prioritizing outdoor privacy or gardening.
About 5155 West Tropicana Avenue Unit 1076
WELCOME HOME to this well-located IMMACULATE, First Floor, 2-bedroom, 2-bath condominium with carport in the gated West Tropicana Condominiums community! Offering approximately 1,063 sq. ft. of comfortable living space, this residence provides a functional floor plan with generously sized bedrooms and convenient single-level living. Enjoy the benefits of a gated community with resort-style amenities including swimming POOLS, SPA, and clubhouse. Centrally located near Tropicana and Decatur with convenient access to shopping, dining, entertainment, Allegiant Stadium, T-Mobile Arena, the Las Vegas Strip and major freeways. Whether you're looking for a primary residence or a Las Vegas getaway, this condo combines location, convenience and community amenities in one attractive package. All appliances stay. All furnishings can stay or go.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- 4,625 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $202 / Month
Neighborhood Insights
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 | 1,063 | 1,048.989 |
| Lot Size | 4,625 | 5,669.706 |
| Price | $237.9K | $221.6K |
| Price per sq ft | $224 | $210 |
| Built year | 1998 | 1996 |
| HOA | $202 | $254 |
| Days on market | 38 | 70 |
Pricing History
Listed for Sale
Oct 14, 2026
$237,900
$248,000
-4% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$248,000
Initial Listing
Sold
Sep 21, 1998
$87,000
Public Record