5225 W Reno Avenue 205, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
Loading property details...
Las Vegas, NV 89118
This Bright Southwest Las Vegas Condominium represents a stable entry-level asset listed at $215,000, which aligns exactly with its $215,000 Fair Market Value. While the property maintains a Fair Condition Rating with original 1993 cabinetry, it boasts the best view in the community overlooking the pool and gated entry. Featuring vaulted ceilings, an open-concept layout, and a six-year-old HVAC system, the unit offers significant value-add potential through modern cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-positioned residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5225 W Reno Avenue 205 Subject | $215,000* List Price | 2 | 2 | 1,070 | $201 | - |
A 5131 Lindell Road 106 Sold | $176,500 | 2 | 2 | 965 | $183 | 0.2 mi |
B 5225 W Reno Avenue 215 Sold | $258,000 | 2 | 2 | 1,070 | $241 | 0.0 mi |
C 5225 W Reno Avenue 219 Sold | $220,000 List Price | 2 | 2 | 1,070 | 0.1 mi | |
D 5125 W Reno Avenue 2060 Sold | $239,000 List Price | 2 | 2 | 1,108 | 0.1 mi | |
E 5161 LINDELL Road 201 Sold | $201,000 | 2 | 2 | 965 | $208 | 0.2 mi |
F 5125 W Reno Avenue 2060 Sold | $275,000 | 2 | 2 | 1,108 | $248 | 0.1 mi |
G 5225 W Reno Avenue 104 Active | $235,000 List Price | 2 | 2 | 1,070 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, this property is over 30 years old and retains many of its original features, placing it firmly in the 'fair' category. While the unit is clean and move-in ready, the kitchen features dated oak-style cabinetry and white tile countertops with visible grout lines, which are characteristic of its construction era. The HVAC system is a positive update at 6 years old, but the overall interior aesthetic, including light fixtures and finishes, lacks the modern renovations required for a higher score.
This unit features the best view in the community, overlooking the pool and gated entry, which provides a superior aesthetic and a sense of openness compared to other units.
The combination of vaulted ceilings, an open-concept layout, and abundant natural light creates a bright and airy living space that feels much larger than its 1,070 square feet.
With an HVAC system approximately six years old, the property offers improved reliability and energy efficiency, reducing the immediate risk of high-cost climate control repairs.
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.
Built in 1993, the property may require cosmetic modernizations or updates to original fixtures to compete with newer condominium developments in the Las Vegas market.
Being located on the second floor without a noted elevator may limit the property's appeal to buyers with mobility concerns or those seeking easier access for moving large items.
Best view in the community overlooking the pool, street, parking, and gated entry. Enjoy a bright second-floor condo with vaulted ceilings, an open living layout, and abundant natural light throughout. The spacious living area flows into the kitchen and dining space, offering excellent volume and functionality. The primary bedroom includes direct access to a private balcony with a great pool view, providing inviting outdoor living space. HVAC approximately 6 years old. HOA fee includes water, trash and sewer. One covered parking space plus ample guest parking. Terrific southwest location near shopping, dining, and major roadways. Come and see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,070 | 1,034 | 52% |
| Lot Size | 5,483 | - | 71% |
| Price | $215.0K | $184.5K | 65% |
| Price per sq ft | $201 | $202 | 49% |
| Built year | 1993 | 1996 | 40% |
| HOA | $303 | $220 | 82% |
| Days on market | 125 | 986 | 6% |
Dec 18, 2025
$215,000
Initial Listing
Dec 30, 1993
$79,000
Public Record