5225 West Reno Avenue 210, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 2 bath
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Las Vegas, NV 89118
This Turnkey Condominium is a Strong Value Opportunity, listed at $248,500—positioned well below the $250,255 Fair Market Value by 0.7%. This valuation gap offers $1,755 in Instant Equity for the buyer. Featuring a Mint Condition Rating with brand new cabinetry, quartz countertops, and stainless steel appliances, this unit offers a modern, low-maintenance lifestyle. Located just 2 miles from the Las Vegas Strip and Allegiant Stadium, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5225 West Reno Avenue 210 Subject | $248,500* List Price | 2 | 2 | 1,070 | $234 | - |
A 5118 S Jones Boulevard 201 Sold | $195,000 | 2 | 2 | 920 | $212 | 0.6 mi |
B 5125 W Reno Avenue 2076 Sold | $282,000 | 2 | 2 | 1,287 | $219 | 0.1 mi |
C 5055 W Hacienda Avenue 2102 Sold | $231,500 | 2 | 2 | 1,036 | $223 | 0.4 mi |
D 5125 W Reno Avenue 2076 Sold | $282,000 | 2 | 2 | 1,287 | $219 | 0.1 mi |
E 5000 Red Rock Street 241 Sold | $250,000 | 3 | 2 | 1,439 | $174 | 0.5 mi |
F 5225 W Reno Avenue 104 Pending | $235,000 List Price | 2 | 2 | 1,070 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete modern renovation featuring brand new kitchen cabinetry, quartz countertops, stainless steel appliances, and updated flooring throughout. Both bathrooms are fully remodeled with contemporary vanities and fixtures. Despite the 1994 build date, the interior is in mint condition with no immediate maintenance required.
The property has been fully renovated with brand new cabinets, countertops, flooring, and appliances, providing a modern, move-in-ready interior.
Located just 2 miles from the Las Vegas Strip and near Allegiant Stadium, the condo offers excellent proximity to major entertainment, shopping, and transit hubs.
Featuring vaulted ceilings and an open flowing floor plan, this upstairs unit feels significantly more spacious and airy than standard condo layouts.
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.
The $303 monthly association fee adds a significant recurring expense to the cost of ownership, which may affect the overall affordability for some buyers.
Being an upstairs unit, the property lacks ground-level access, which could be a deterrent for buyers with mobility issues or those preferring no stairs.
Terrific Fully Remodeled southwest condo in well-maintained gated community! This desirable upstairs unit features vaulted ceilings, brand new cabinets, countertops, flooring, baseboards, appliances, and both bathrooms! The spacious primary bedroom has a ceiling fan, walk-in closet and slider out to the balcony. Great open flowing floor plan. A short walk to the sparkling pool and spa. Super convenient to the 215 Beltway, I-15, amenities, shopping, transportation, Allegiant Stadium and 2 miles to the Las Vegas Strip! Great value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,070 | - |
| Lot Size | 5,483 | - |
| Price | $248.5K | $217.2K |
| Price per sq ft | $232 | $219 |
| Built year | 1994 | 0 |
| HOA | $303 | $0 |
| Days on market | 9 | 828 |
Jul 13, 2026
$248,500
Initial Listing
Jun 24, 1994
$80,500
Public Record