5155 W Tropicana Avenue 1098, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
5155 W Tropicana Avenue 1098
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5155 W Tropicana Avenue 1098, Las Vegas, NV 89103 is currently available with a list price of $259,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it to current market standards. Key upgrades include a completely remodeled primary bathroom with a walk-in shower, a modern kitchen featuring quartz countertops and high-end stainless steel appliances (Bosch and LG), new luxury waterproof plank flooring throughout, and updated LED lighting, switches, and outlets.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Renovations
The unit features high-end upgrades including quartz countertops, premium stainless steel appliances (Bosch/LG), and new luxury waterproof plank flooring, offering a turnkey, contemporary living space.
- Strategic Location
Ideally situated near Allegiant Stadium, T-Mobile Arena, and the Las Vegas Strip, this property offers exceptional proximity to world-class entertainment, dining, and major freeway access.
- Functional Split Floor Plan
The ground-floor unit features a desirable roommate-style layout with bedrooms on opposite ends, providing enhanced privacy and accessibility for residents or potential tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7583, other record lot size in square feet = 2304.
- Aging Community Infrastructure
Despite the interior's modern updates, the 1997 construction of the complex may mean that common areas and building exteriors reflect older architectural standards and maintenance requirements.
- High-Traffic Vicinity
Being located near major event venues and the Strip can result in significant traffic congestion and increased noise levels during peak event times, potentially impacting daily quietude.
About 5155 W Tropicana Avenue 1098
GROUND FLOOR UNIT WITH 2 BEDROOMS/2 BATHROOMS IN A WELL-MAINTAINED GATED COMMUNITY LOCATED CLOSE TO YJE ALLEGIANT STADIUM/TMOBILE ARENA/WORLD FAMOUS LAS VEGAS STRIP, EASY ACCESS TO ALL FREWWAYS AND MANY RESTAURANTS. ROOM-MATE TYPE FLOOR PLAN DESIGN, BEDROOMS IN THE OPPOSITE END OF THE UNIT WITH OWN BATHROOMS, PRIMARY BEDROOM WITH WALK-IN CLOSET, PRIMARY BATHROOM COMPLETELY REMODELLED WITH WALK-IN SHOWER AND DOUBLE SINK. KITCHEN WITH QUARTZ COUNTER TOPS/SS FRIDGE LG/SS STOVE LG AND SS BOSCH DISHWASHER. NEW WATERPROOF LUXURY PLANK FLOORING THROUGHOUT WITH 4" BASEBOARDS, BOTH BATHROOMS WITH QUARTZ COUNTER-TOPS, NEW TOILETS, MODERN LED LIGHT FIXTURES THROUGHTOUT, ALL NEW UPDATED SWITCHES AND OUTLETS, NEW FANS WITH LED LIGHTS, NEW BLINDS THROUGHOUT AND MUCH MORE. MUST BE SEEN TO BE APPRECIATED.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- 7,583 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200 / Month
Neighborhood Insights
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 | 1,063 | 884 | 78% |
| Lot Size | 7,583 | 700 | 93% |
| Price | $259.9K | $157.0K | 94% |
| Price per sq ft | $244 | $197 | 90% |
| Built year | 1997 | 1984 | 91% |
| HOA | $200 | $195 | 50% |
| Days on market | 6 | 655 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$259,900
Initial Listing
Sold
Jan 2, 1998
$87,000
Public Record