5155 W Tropicana Avenue 1170, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Spacious Condominium is a Strong Value Opportunity, listed at $239,500—positioned well below the $269,851 Fair Market Value by 11%. This valuation gap offers $30,351 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring Granite Kitchen countertops and fresh paint, ensuring a move-in ready experience. With its prime location near the Las Vegas Strip and community pool access, this unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5155 W Tropicana Avenue 1170 Subject | $239,500* List Price | 2 | 2 | 1,316 | $203 | - |
A 5155 W Tropicana Avenue 2140 Sold | $240,000 | 2 | 2 | 1,063 | $226 | 0.1 mi |
B 5415 W Harmon Avenue 1004 Sold | $265,000 | 2 | 2 | 1,204 | $220 | 0.6 mi |
C 4400 S Jones Boulevard 2122 Sold | $209,950 | 2 | 2 | 947 | $222 | 1.0 mi |
D 4400 S Jones Boulevard 2122 Sold | $209,950 | 2 | 2 | 947 | $222 | 1.0 mi |
E 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 1.0 mi | |
F 5155 W Tropicana Avenue 1019 Pending | $258,499 List Price | 2 | 2 | 1,316 | $196 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1993 (31 years old), the property is well-maintained and move-in ready. It features recent updates including brand-new interior paint, granite countertops in the kitchen and bathrooms, and updated shower fixtures. While the oak cabinetry is dated, the overall condition and recent cosmetic refreshes elevate it above the 'Fair' or 'Poor' age-based categories.
Situated just minutes from the Las Vegas Strip, shopping, and dining, this property offers exceptional convenience and strong appeal for both owner-occupants and investors.
The unit features brand-new interior paint and elegant granite countertops throughout the kitchen and bathrooms, providing a fresh and modern aesthetic for immediate occupancy.
With 1,316 square feet and an open layout, this condo offers a significantly larger footprint than many standard two-bedroom units in the area, enhancing its functional value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7541, other record lot size in square feet = 2304.
Built in 1993, the property may soon require maintenance or replacement of original major systems, such as HVAC or water heaters, which are nearing the end of their typical lifespan.
As a condominium unit within a high-density gated community, the property offers less private outdoor area compared to single-family homes, relying instead on shared community amenities.
Discover this charming Southwest Las Vegas condo located in a beautifully maintained gated community featuring a sparkling pool, clubhouse, and secure surroundings. Ideally situated just minutes from the Las Vegas Strip, shopping, dining, and local parks—this home offers the perfect blend of comfort and convenience. This spacious 1,316 sq. ft. unit features 2 bedrooms and 2 bathrooms, designed with an open and functional layout. Enjoy elegant granite countertops throughout the kitchen and bathrooms, along with brand-new interior paint that gives the home a fresh, move-in-ready feel. Whether you're a first-time buyer, investor, or looking to downsize, this beautifully updated condo is an excellent opportunity in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,316 | - |
| Lot Size | 7,541 | - |
| Price | $239.5K | $217.2K |
| Price per sq ft | $182 | $219 |
| Built year | 1993 | 0 |
| HOA | $175 | $0 |
| Days on market | 66 | 828 |
May 17, 2026
$239,500
Initial Listing