5191 Pioneer Avenue 204, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
5191 Pioneer Avenue 204
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 5191 Pioneer Avenue 204, Las Vegas, NV 89146 is currently available with a list price of $218,800. 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.
Built in 1987, the property remains in mostly original condition and is explicitly described as needing 'TLC.' The kitchen features dated oak-style cabinetry, laminate countertops, and older white appliances. The bathrooms retain original vanities and fixtures from the late 80s. Throughout the unit, the carpeting appears worn and the vinyl flooring is dated. While the home is functional and located in a well-maintained community, it requires cosmetic modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Prime Central Location
Situated just minutes from the Las Vegas Strip and Chinatown, this property offers exceptional proximity to world-class dining, shopping, and major employment hubs.
- Privacy-Focused Floor Plan
The unit features a desirable split-bedroom layout with rooms on opposite sides, providing enhanced privacy for roommates or guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4532, other record lot size in square feet = 2500.
- Deferred Maintenance
The listing explicitly notes the property needs 'TLC,' suggesting immediate out-of-pocket costs for repairs and cosmetic renovations.
- Dated Construction
Built in 1987, the unit likely requires significant modernization of fixtures and finishes to meet current market standards and buyer expectations.
About 5191 Pioneer Avenue 204
Prime central location just minutes from the Las Vegas Strip and Chinatown, with convenient access to grocery stores, dining, and shopping. This second-floor 2-bedroom, 2-bath condo offers an ideal blend of convenience and privacy. The well-maintained community features lush greenbelts and a relaxing community pool. The large country kitchen offers ample counter space and storage, flows into a formal dining area, and opens to a private covered balcony. The primary bedroom also provides direct balcony access, and the thoughtful floor plan separates the bedrooms on opposite sides of the unit for added privacy. Perfect for those seeking a low-maintenance lifestyle in a vibrant location. Priced to reflect needed TLC.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 4,532 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $280 / Month
Neighborhood Insights
Las Vegas Unified Schools
Elaine Wynn Elementary School
Grades PK-5 • 0.7 mi
Dr. C Owen Roundy Elementary School
Grades PK-5 • 0.9 mi
Joseph E Thiriot Elementary School
Grades PK-5 • 1.4 mi
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 | 1,105 | 1,073 | 54% |
| Lot Size | 4,532 | 1,260 | 74% |
| Price | $218.8K | $197.0K | 71% |
| Price per sq ft | $198 | $183 | 60% |
| Built year | 1987 | 1986 | 51% |
| HOA | $280 | $236 | 71% |
| Days on market | 22 | 273 | 3% |
Pricing History
Listed for Sale
Feb 13, 2026
$218,800
Initial Listing
Sold
May 16, 1996
$77,000
Public Record