5160 Indian River Drive 346, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This 1-bedroom condominium presents a Prime Investment Opportunity, listed at a List Price of $148,000—positioned well below the $152,900 Fair Market Value by 3%. This valuation gap offers $4,900 in Instant Equity. Featuring brand-new luxury vinyl flooring and a private balcony, the unit maintains a Condition Rating of 4. Located in a guarded gated community with a pool and tennis courts, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5160 Indian River Drive 346 Subject | $148,000* List Price | 1 | 1 | 700 | $218 | - |
A 5160 Indian River Drive 345 Sold | $140,000 | 1 | 1 | 700 | $200 | 0.0 mi |
B 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.1 mi |
C 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.1 mi |
D 5185 Indian River Drive 225 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.1 mi |
E 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.1 mi | |
F 5286 River Glen Drive 428 Sold | $155,000 List Price | 1 | 1 | 700 | 0.1 mi | |
G 5020 Indian River Drive 436 Active | $155,000 List Price | 1 | 1 | 700 | $221 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property has received recent cosmetic updates including brand-new luxury vinyl flooring and fresh paint. However, the kitchen cabinetry, countertops, and appliances appear dated and likely exceed 20 years in age. While functional and move-in ready, it requires further modernization of the primary systems and wet areas to be considered good or excellent.
The condo features brand-new luxury vinyl flooring and fresh interior paint, providing a modern, move-in-ready environment that appeals to both owner-occupants and investors.
Situated just minutes from the Las Vegas Strip, Harry Reid International Airport, and major shopping hubs, this property offers exceptional convenience and high rental demand.
Located within a guarded gated community, residents have access to resort-style amenities including a pool, clubhouse, tennis courts, and fitness room, enhancing the overall lifestyle value.
Built in 1982, the property may require more frequent maintenance or future capital improvements compared to newer developments in the Las Vegas area.
At 700 square feet, the one-bedroom layout is relatively compact, which may limit its appeal for buyers seeking more spacious living areas or dedicated home office space.
Welcome to this move-in ready 1-bedroom, 1-bathroom condo offering the perfect combination of comfort, convenience, and Las Vegas living! Featuring BRAND-NEW LUXURY VINYL FLOORING, fresh interior paint, plenty of storage, a private balcony, and plenty of parking space, this home is ready for you to enjoy from day one. Step outside to your private balcony, where you'll find a separate storage/laundry room with a washer and dryer for added convenience. Located near dining, shopping, the airport, and the world famous Las Vegas Strip, you'll love having everything you need just minutes away. This guarded gated community offers resort-style amenities, including a sparkling pool, clubhouse, tennis courts, and fitness room. Whether you're a first time buyer, investor, or simply looking for a low maintenance Las Vegas home, this is an opportunity you don't want to miss. Schedule your private showing today and discover all this wonderful condo has to offer!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.1 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 44% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 700 | 816 | 39% |
| Lot Size | - | - | 50% |
| Price | $148.0K | $150.0K | 45% |
| Price per sq ft | $211 | $190 | 69% |
| Built year | 1982 | 1982 | 50% |
| HOA | $242 | $180 | 76% |
| Days on market | 7 | 1402 | 1% |
May 30, 2026
$148,000
Initial Listing