This condominium presents a High-Potential Investment Opportunity with a List Price of $145,000—positioned well below the $152,444 Fair Market Value by 4%. This valuation gap offers $7,444 in Instant Equity for buyers. With a Condition Rating of 4, the unit requires cosmetic modernization to maximize rental yields. Located in a guard-gated community with premium amenities, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add property in a strategic Las Vegas location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5332 River Glen Drive 400 Subject | $145,000* List Price | 2 | 2 | 978 | $156 | - |
A 5350 River Glen Drive 298 Sold | $130,000 | 1 | 1 | 700 | $186 | 0.0 mi |
B 5422 River Glen Drive 379 Sold | $175,000 | 2 | 2 | 978 | $179 | 0.0 mi |
C 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 0.2 mi | |
D 4430 Sandy River Drive 27 Sold | $129,999 List Price | 2 | 2 | 978 | 0.4 mi | |
E 4411 Alexis Drive 448 Sold | $160,000 | 2 | 2 | 978 | $164 | 0.1 mi |
F 5286 RIVER GLEN Drive 424 Sold | $104,990 List Price | 1 | 1 | 700 | 0.0 mi | |
G 4310 SANDY RIVER Drive 47 Sold | $102,000 List Price | 1 | 1 | 700 | 0.4 mi | |
H 5155 W TROPICANA Avenue 1172 Sold | $132,446 | 2 | 2 | 1,063 | $125 | 0.8 mi |
I 5278 River Glen Drive 411 Active | $165,000 List Price | 2 | 2 | 978 | $169 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1982 (44 years old) and the listing lacks any mention of recent renovations or upgrades to major systems. The description's appeal to 'investors' and the mention of standard 'bar countertops and cabinets' suggest the interior is dated and likely requires cosmetic updates and minor repairs to the kitchen and bathrooms to meet modern standards.
The property is situated within a guard-gated community featuring premium amenities including a clubhouse, pool, and fitness center, providing both security and a high-quality lifestyle for residents.
Priced at $145,000 for a 2-bedroom, 2-bathroom configuration, this unit represents a highly attractive entry point for investors or first-time buyers looking for value in the Las Vegas market.
Located in the 89103 zip code, the property offers excellent proximity to major highways, shopping districts, and the Las Vegas entertainment corridor, ensuring high demand and convenience.
Built in 1982, the condominium may require capital improvements or modernization to address aging infrastructure and aesthetic finishes compared to newer residential options.
Being located on the second level may limit appeal for buyers with mobility concerns or those specifically seeking the convenience of ground-floor access.
Stop your search, and welcome this awesome condominium opportunity! Located in Las Vegas, this property features 2 bedrooms/2 bathrooms, on the second level, in a guard gated community! A sizable living area flows into the kitchen, which includes bar countertops and cabinets! Down the hallway to the rest of the rooms, including the spacious primary rooms! Community features also include clubhouse, pool, fitness center and more! Conveniently located to all highway, shopping, and entertainment needs! Come on by while this one lasts! Investors inquire within!!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 978 | - |
| Lot Size | 978 | - |
| Price | $145.0K | $217.2K |
| Price per sq ft | $148 | $219 |
| Built year | 1982 | 0 |
| HOA | $252 | $0 |
| Days on market | 14 | 828 |
Jul 8, 2026
$145,000
Initial Listing