5155 W Tropicana Avenue 1106, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
5155 W Tropicana Avenue 1106
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 5155 W Tropicana Avenue 1106, Las Vegas, NV 89103 is currently available with a list price of $259,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property was built in 1997 (27 years old), placing it in the age bracket for the 'fair' category. While the listing highlights recent cosmetic updates including brand-new carpet and fresh paint, there is no evidence of an extensive renovation to the kitchen or bathrooms. The home appears well-maintained and move-in ready, but the underlying styles and major components likely show signs of being outdated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The property has been recently updated with brand-new carpet and fresh paint, and includes all appliances, offering a seamless turnkey experience for buyers.
- Strategic Location
Situated just minutes from the Las Vegas Strip, this condo provides exceptional access to world-class dining, shopping, and entertainment hubs.
- Enhanced Accessibility and Storage
The ground-floor positioning offers easy entry, while the inclusion of a detached garage provides rare and valuable secure parking and additional storage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4714, other record lot size in square feet = 2304.
- Potential for Noise
Being a ground-floor unit in a high-density condominium complex may result in increased noise from upper-level neighbors and foot traffic in common areas.
- Aging Infrastructure
Built in 1997, the property and community facilities may require more frequent maintenance or future capital improvements compared to newer developments.
About 5155 W Tropicana Avenue 1106
Welcome to this beautifully recently updated ground-floor, 2-bedroom, 2-bath condo thoughtfully designed for both comfort and style. Step inside to an inviting, open layout filled with bright natural light, complemented by brand-new carpet and fresh paint throughout. With all appliances included, this home is truly move-in ready. Enjoy the convenience of a detached garage along with a spacious private balcony, perfect for relaxing or entertaining. The community offers resort-style amenities, including a fitness center, sparkling pool, and welcoming clubhouse, creating an everyday vacation feel. Ideally located just minutes from the Las Vegas Strip, world-class dining, shopping, and entertainment, this condo delivers the perfect balance of excitement and relaxation. Don’t miss this incredible opportunity—make this your new home today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- 4,714 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $193 / 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 | 1,183 | 884 | 88% |
| Lot Size | 4,714 | 700 | 79% |
| Price | $260.0K | $157.0K | 94% |
| Price per sq ft | $220 | $197 | 74% |
| Built year | 1997 | 1984 | 91% |
| HOA | $193 | $194 | 50% |
| Days on market | 80 | 655 | 4% |
Pricing History
Listed for Sale
Dec 17, 2025
$259,999
Initial Listing
Sold
Sep 18, 1996
$94,000
Public Record