5155 W Tropicana Avenue 1095, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This High-Potential Investment Opportunity is listed at $238,000, positioned above the $215,610 Fair Market Value. While the property carries a Fair Condition Rating due to dated finishes, it offers a strategic location minutes from the Las Vegas Strip. The community provides resort-style amenities, including a pool and spa, which support consistent rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing cosmetic updates to modernize the interior and maximize long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5155 W Tropicana Avenue 1095 Subject | $230,000* List Price | 2 | 2 | 1,183 | $180 | - |
A 5155 W Tropicana Avenue 2147 Sold | $239,900 List Price | 2 | 2 | 1,183 | 0.1 mi | |
B 5155 W Tropicana Avenue 2140 Sold | $240,000 | 2 | 2 | 1,063 | $226 | 0.1 mi |
C 5415 W Harmon Avenue 1004 Sold | $265,000 | 2 | 2 | 1,204 | $220 | 0.8 mi |
D 5155 W Tropicana Avenue 2100 Active | $294,999 List Price | 2 | 2 | 1,183 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property features original finishes including dated oak cabinetry, tile countertops, and white appliances. While functional, the interior shows signs of wear such as stained carpeting and peeling finish on the bathroom vanity, indicating a need for cosmetic updates and minor repairs.
Situated just minutes from the Las Vegas Strip, this property offers exceptional access to world-class dining, entertainment, and major freeways, making it highly desirable for both residents and investors.
The gated community provides a secure environment with premium amenities, including a sparkling pool and spa, enhancing the overall lifestyle and value of the home.
This well-maintained condo features a functional 2-bedroom layout with all appliances included, offering a seamless transition for new owners or immediate rental potential for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7591, other record lot size in square feet = 2304.
Built in 1997, the property may soon require capital improvements or updates to major systems and cosmetic finishes to remain competitive with newer developments in the area.
As a condominium unit, outdoor space is restricted to a small covered patio, which may not appeal to buyers seeking a private yard or significant personal green space.
Welcome to this charming condo nestled in a gated community just minutes from the Las Vegas Strip! This inviting 2-bedroom, 2-bath home offers comfort, convenience, and resort-style amenities in a prime location. Enjoy a spacious living room perfect for relaxing or entertaining, along with a well-appointed kitchen featuring all appliances included for a move-in-ready experience. The primary bedroom features an attached bathroom, creating a private retreat, while the second bedroom and bath provide flexibility for guests, roommates, or a home office. Step outside to your covered patio — ideal for morning coffee or evening unwinding. Residents of the community enjoy access to a sparkling pool and relaxing spa, all within a beautifully maintained gated setting. With a short commute to world-class dining, entertainment, shopping, and major freeways, this condo is perfect for homeowners and investors alike!
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 | 89% |
| Lot Size | 7,591 | - | 91% |
| Price | $230.0K | $155.0K | 86% |
| Price per sq ft | $194 | $194 | 53% |
| Built year | 1997 | 1982 | 89% |
| HOA | $200 | $190 | 54% |
| Days on market | 26 | 1396 | 1% |
Jun 1, 2026
$230,000
$238,000
-3% Price Drop
Initial Listing
May 19, 2026
$238,000
Initial Listing
Sep 28, 1998
$100,500
Public Record
Mar 31, 1998
$100,500
Public Record