5225 W Reno Avenue 104, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
5225 W Reno Avenue 104
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5225 W Reno Avenue 104, Las Vegas, NV 89118 is currently available with a list price of $235,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone extensive recent renovations including a brand new master bathroom with a new shower, vanity, and fixtures, as well as new stainless steel kitchen appliances. With new carpeting and laminate wood flooring throughout, the unit meets current quality standards and shows no deferred maintenance, qualifying it for the highest condition rating despite its 1993 build date.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The unit features significant recent renovations including new carpeting, a fully updated master bathroom, and stainless steel kitchen appliances, offering a move-in-ready experience for buyers.
- Strategic Location
Ideally situated just 10 minutes from Harry Reid International Airport and close to major casinos, shopping, and freeway access, ensuring high convenience and strong rental potential.
- Accessibility and Amenities
Located on the first floor near the main entrance and swimming pool, this unit provides easy access and immediate proximity to community leisure facilities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5483, other record lot size in square feet = 2162.
- Potential for Noise
The unit's ground-floor location near the main entrance and the community swimming pool may result in higher foot traffic and noise levels.
- Building Age
Constructed in 1993, the property may face upcoming maintenance requirements or capital improvements typical of older condominium developments.
About 5225 W Reno Avenue 104
Recently renovated condo, with new carpet, master bathroom with brand new shower, new faucet, sink, and cabinet, stainless steel appliances in kitchen, laminate wood flooring in living room, condo is on the first floor near the main entrance and the swimming pool, conveniently located near shops, casinos, and freeway, 10 minutes from the Harry Reed International Airport.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- 5,483 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $303 / Month
Neighborhood Insights
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 | 1,070 | 1,070 | 50% |
| Lot Size | 5,483 | - | 70% |
| Price | $235.0K | $172.0K | 68% |
| Price per sq ft | $220 | $196 | 67% |
| Built year | 1993 | 1994 | 42% |
| HOA | $303 | $221 | 80% |
| Days on market | 122 | 570 | 8% |
Pricing History
Listed for Sale
Nov 5, 2025
$235,000
Initial Listing
Sold
Oct 18, 1996
$83,000
Public Record
Sold
Apr 21, 1994
$78,500
Public Record