
Las Vegas, NV 89101
This property presents a High-Potential Investment Opportunity with a List Price of $100,000, positioned at its $100,000 Fair Market Value. While the unit maintains a Condition Rating of 5, its prime location near Downtown Las Vegas and the Strip provides significant rental demand. The inclusive association fee covering taxes, water, and sewer simplifies operational overhead for the owner. This asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 South Maryland Parkway A25 Subject | $100,000* List Price | 1 | 1 | 700 | $143 | - |
A 500 South 13th Street C23 Active | $100,000 List Price | 1 | 1 | 47,136 | $2 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) with no mention of renovations in the description. Given the age exceeds 30 years without documented updates and is marketed as an 'affordable' unit, it likely requires a full rehab of the kitchen, bath, and systems to meet modern standards.
Situated near Downtown Las Vegas and the Las Vegas Strip, this property offers excellent proximity to major entertainment, dining, and employment hubs.
With a list price of $100,000, this unit represents a rare entry-level investment opportunity or an affordable residence in a high-demand market.
The association fee covers property taxes, water, and sewer, providing significant value and simplifying monthly budgeting for the owner.
Built in 1962, the property may require modernization of its infrastructure and interior finishes to meet contemporary living standards.
The listed square footage of 47,136 is likely a data entry error for a 1-bedroom condo, requiring verification to confirm the actual living space.
This incredible opportunity to purchase an affordable unit is available now. Located near Downtown Las Vegas and the Las Vegas Strip, the condo building pays taxes, water and sewer. The unit includes electric refrigerator and stove. Don't miss out on this opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 700 | - |
| Lot Size | 56,192 | - |
| Price | $100.0K | $217.2K |
| Price per sq ft | $143 | $219 |
| Built year | 1962 | 0 |
| HOA | $275 | $0 |
| Days on market | 7 | 828 |
Jul 15, 2026
$100,000
Initial Listing