5155 West Tropicana Avenue Unit 2016, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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5155 West Tropicana Avenue Unit 2016
Las Vegas, NV 89103
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
2Baths
1,316Sq Ft
0Lot Size
Property Price
LIST PRICE$260,000
EST. MARKET VALUE
$257,360
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $260,000—positioned slightly above the $257,361 Fair Market Value. While the price reflects its market-ready status, the property offers significant lifestyle benefits, including a rare 2-car detached garage, upgraded LVP flooring, and granite kitchen countertops. With a Condition Rating of 3, this unit provides a stable, low-maintenance living experience near the Las Vegas Strip. It is an ideal acquisition for first-time buyers or owner-occupants seeking a convenient, move-in-ready home with excellent accessibility.
Estimated Market Value
$257,360
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5155 West Tropicana Avenue Unit 2016 Subject 2 bd · 2 ba · 1,316 sqft · $196 | $260,000* List Price | 2 | 2 | 1,316 | $196 | - |
A 5415 West Harmon Avenue 1081 Sold 2 bd · 2 ba · 1,204 sqft · $212 · 0.5 mi | $255,000 | 2 | 2 | 1,204 | $212 | 0.5 mi |
B 5415 West Harmon Avenue 2197 Sold 2 bd · 2 ba · 1,006 sqft · $228 · 0.6 mi | $229,000 | 2 | 2 | 1,006 | $228 | 0.6 mi |
C 5576 W Rochelle Avenue 32A Sold 2 bd · 2 ba · 1,058 sqft · $198 · 1.0 mi | $209,000 | 2 | 2 | 1,058 | $198 | 1.0 mi |
D 5576 W Rochelle Avenue 9D Sold 2 bd · 2 ba · 1,058 sqft · $183 · 0.9 mi | $193,500 | 2 | 2 | 1,058 | $183 | 0.9 mi |
E 4400 South Jones Boulevard 2057 Sold 2 bd · 2 ba · 947 sqft · $230 · 1.0 mi | $218,000 | 2 | 2 | 947 | $230 | 1.0 mi |
F 5267 Lisagayle Court 136 Sold 2 bd · 2 ba · 1,080 sqft · $203 · 0.4 mi | $219,000 | 2 | 2 | 1,080 | $203 | 0.4 mi |
G 5155 W Tropicana Avenue 1170 Active 2 bd · 2 ba · 1,316 sqft · $190 · 0.0 mi | $249,500 List Price | 2 | 2 | 1,316 | $190 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1993 (>30 years old), it has undergone significant recent cosmetic renovations including new LVP flooring, granite countertops, fresh paint, and a brand new gas stove. The unit is move-in ready and professionally cleaned, though the original oak cabinets and some worn carpeting indicate it is well-maintained rather than mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Parking Amenities
The inclusion of a rare 2-car detached garage provides significant value and storage space seldom found in condominium living.
- Turnkey Interior Upgrades
The unit features modern LVP flooring, granite countertops, a new gas stove, and plantation shutters, offering a move-in-ready experience for buyers.
- Strategic Location
Situated near the Las Vegas Strip and I-15, the property offers excellent accessibility to major employment hubs and world-class entertainment.
CONSRISKS & DEFICIENCIES
- Second-Floor Accessibility
Being located on the second floor may limit appeal for buyers seeking single-level living without stairs or those with mobility concerns.
- Property Age
Built in 1993, the building and community infrastructure may require more frequent maintenance or lack the modern amenities found in newer Las Vegas developments.
About 5155 West Tropicana Avenue Unit 2016
Bright, immaculate and airy spacious second floor condo, over 1,300 square feet, with rare 2-car detached garage! The entire unit was just freshly painted and professionally cleaned. Stylish and upgraded LVP flooring throughout the kitchen and living room, along with beautiful grey granite countertops in the kitchen, and a brand new gas stove! Plantation shutters are on all windows! Spacious front porch and balcony! Well kept community grounds and convenient proximity to the strip and I-15!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,316 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $260.0K | $221.6K |
| Price per sq ft | $198 | $210 |
| Built year | 1993 | 1996 |
| HOA | $230 | $254 |
| Days on market | 15 | 70 |
Pricing History
Listed for Sale
Oct 9, 2026
$260,000
Initial Listing
Sold
Dec 2, 1993
$99,000
Public Record