5180 Indian River Drive 356, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 1 bath
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5180 Indian River Drive 356
Las Vegas, NV 89103
ACTIVE
CONDITION: GOOD
2Beds
1Baths
816Sq Ft
3,507Lot Size
Property Price
LIST PRICE$190,000
EST. MARKET VALUE
$168,895
12% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at $190,000—positioned well above the $168,896 Fair Market Value by -12%. While priced above current estimates, the property features a Condition Rating of 3, highlighted by a new HVAC system, granite kitchen, and recent appliance upgrades. Located in a guard-gated community with six pools and tennis courts, it offers a secure lifestyle near the Strip. This unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, amenity-rich residence.
Estimated Market Value
$168,895
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 |
|---|---|---|---|---|---|---|
★ 5180 Indian River Drive 356 Subject 2 bd · 1 ba · 816 sqft · $207 | $190,000* List Price | 2 | 1 | 816 | $207 | - |
A 5121 River Glen Drive 138 Sold 2 bd · 1 ba · 816 sqft · $202 · 0.0 mi | $165,000 | 2 | 1 | 816 | $202 | 0.0 mi |
B 4941 River Glen Drive 10 Sold 1 bd · 1 ba · 700 sqft · $225 · 0.2 mi | $157,500 | 1 | 1 | 700 | $225 | 0.2 mi |
C 5220 Indian River Drive 280 Sold 2 bd · 2 ba · 978 sqft · $174 · 0.1 mi | $170,000 | 2 | 2 | 978 | $174 | 0.1 mi |
D 5221 River Glen Drive 195 Sold 2 bd · 2 ba · 978 sqft · $184 · 0.1 mi | $180,000 | 2 | 2 | 978 | $184 | 0.1 mi |
E 5295 Indian River Drive 312 Sold 1 bd · 1 ba · 700 sqft · $194 · 0.1 mi | $136,000 | 1 | 1 | 700 | $194 | 0.1 mi |
F 5163 Indian River Drive 205 Sold 1 bd · 1 ba · 700 sqft · $217 · 0.1 mi | $152,000 | 1 | 1 | 700 | $217 | 0.1 mi |
G 5404 River Glen Drive 361 Sold 2 bd · 2 ba · 978 sqft · $183 · 0.2 mi | $178,500 | 2 | 2 | 978 | $183 | 0.2 mi |
H 5278 River Glen Drive 419 Sold 2 bd · 2 ba · 978 sqft · $191 · 0.1 mi | $187,000 | 2 | 2 | 978 | $191 | 0.1 mi |
I 5160 Indian River Drive 346 Active 1 bd · 1 ba · 700 sqft · $214 · 0.0 mi | $150,000 List Price | 1 | 1 | 700 | $214 | 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.
Despite being built in 1982, the condo has been well-maintained and updated with a new HVAC system, granite countertops, and newer appliances. The interior shows clean carpets and paint, making it fully functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated just minutes from the Las Vegas Strip, this property offers exceptional access to world-class entertainment, dining, and major employment hubs, making it ideal for commuters or investors.
- Recent Mechanical Upgrades
The unit features a brand-new air-conditioning system, stove, and dryer, significantly reducing immediate maintenance concerns and capital expenditure for the new owner.
- Extensive Community Amenities
Located within a guard-gated community, residents enjoy premium amenities including six swimming pools and tennis courts, providing a high level of security and recreational value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3507, other record lot size in square feet = 3604.
- Limited Bathroom Ratio
The single-bathroom configuration for a two-bedroom unit may be a drawback for roommates or small families, potentially impacting daily convenience and rental demand.
- Compact Living Space
At 816 square feet, the interior footprint is relatively small for a two-bedroom layout, which may limit furniture arrangement options and storage capacity.
About 5180 Indian River Drive 356
Discover this stylish 2-bedroom, 1-bath condominium in centrally located Bell Vita, just minutes from the Las Vegas Strip. Enjoy a spacious living room with access to a balcony and a kitchen featuring granite countertops. Recent updates include a new air-conditioning system, stove, and dryer. This guard-gated community offers six pools and tennis courts. With an appealing combination of comfort, amenities, and location, this condo is ready for you to make it your own. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 3,507 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $280 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.4 mi
6/10
Kenny C Guinn Middle School
Grades 6-8 • 1.1 mi
5/10
Grant Sawyer Middle School
Grades 6-8 • 2.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,048.989 |
| Lot Size | 3,507 | 5,669.706 |
| Price | $190.0K | $221.6K |
| Price per sq ft | $233 | $210 |
| Built year | 1982 | 1996 |
| HOA | $280 | $254 |
| Days on market | 29 | 70 |
Pricing History
Listed for Sale
Sep 25, 2026
$190,000
Initial Listing