5155 W Tropicana Avenue 1088, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Newly Renovated Ground-Floor Condo is a Strong Value Opportunity, listed at $259,899—positioned well below the $282,482 Fair Market Value by 7%. This valuation gap delivers $22,583 in Instant Equity for the incoming buyer. Featuring an Excellent Condition Rating, the interior boasts luxury vinyl plank flooring, shaker cabinets, and stone countertops. Located in a gated community minutes from the Las Vegas Strip and Raiders Stadium, it balances premium lifestyle perks with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey residence or Buy-and-Hold Investors targeting high-demand rental hubs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5155 W Tropicana Avenue 1088 Subject | $254,999* List Price | 2 | 2 | 1,183 | $238 | - |
A 5155 W Tropicana Avenue 2140 Sold | $240,000 | 2 | 2 | 1,063 | $226 | 0.1 mi |
B 5155 W Tropicana Avenue 2147 Sold | $239,900 List Price | 2 | 2 | 1,183 | 0.1 mi | |
C 5415 W Harmon Avenue 2012 Sold | $260,000 | 2 | 2 | 1,204 | $216 | 0.7 mi |
D 5415 W Harmon Avenue 2012 Sold | $260,000 | 2 | 2 | 1,204 | $216 | 0.7 mi |
E 5415 W Harmon Avenue 1004 Sold | $265,000 | 2 | 2 | 1,204 | $220 | 0.8 mi |
F 5155 W Tropicana Avenue 2043 Sold | $300,000 List Price | 3 | 2 | 1,316 | 0.1 mi | |
G 5155 W Tropicana Avenue 1098 Pending | $255,900 List Price | 2 | 2 | 1,063 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1998, the property has undergone an extensive recent renovation within the last 5 years. The interior features brand-new luxury vinyl plank flooring, modern white shaker cabinets, stone countertops, stainless steel appliances, and updated black hardware and fixtures. The property is in move-in-ready condition with no visible deferred maintenance, meeting the criteria for excellent quality due to the comprehensive nature of the updates.
The unit features high-end renovations including luxury vinyl plank flooring, shaker cabinets, stone countertops, and stainless steel appliances, offering a move-in-ready experience.
Situated near the Las Vegas Strip, Raiders Stadium, and major freeways, this property provides excellent proximity to world-class entertainment, dining, and employment hubs.
As a first-floor unit in a gated community, it offers convenient access without stairs, making it highly desirable for a wide range of buyers and tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7448, other record lot size in square feet = 2304.
Constructed in 1998, the property may require ongoing attention to aging common area infrastructure or building systems despite the modern interior updates.
Located within a large condominium complex, residents may experience limited privacy and potential noise typical of multi-family housing environments.
NEWLY RENOVATED 1ST FLOOR CONDO IN A QUIET AND GATED COMMUNITY, LUXURY VINYL PLANK FLOORING, SHAKER CABINETS, STONE COUNTERTOPS & STAINLESS STEEL APPLIANCES. FRESH TWO-TONE PAINT THROUGHOUT. CLOSE TO FREEWAYS, SHOPPING, LV STRIP, RAIDERS STADIUM, RESTAURANTS & TOP-RATED SCHOOLS. COMMUNITY POOL/SPA CONTACT DEVIN DUNN WITH ANY QUESTIONS. TENANTS/BUYERS TO VERIFY ALL INFO.
No exterior & parking available.
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 | 1,183 | 884 | 88% |
| Lot Size | 7,448 | 1 | 93% |
| Price | $255.0K | $158.5K | 92% |
| Price per sq ft | $216 | $195 | 72% |
| Built year | 1998 | 1983 | 92% |
| HOA | $178 | $184 | 48% |
| Days on market | 40 | 1176 | 1% |
Apr 20, 2026
$254,999
$259,899
-2% Price Drop
Initial Listing
Mar 13, 2026
$259,899
Initial Listing
Jan 13, 1999
$95,000
Public Record