5415 West Harmon Avenue 1161, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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5415 West Harmon Avenue 1161
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
1Beds
1Baths
723Sq Ft
0Lot Size
Property Price
LIST PRICE$205,000
EST. MARKET VALUE
$174,186
17% AboveMARKET VALUE
SUMMARY
This 1-bedroom condominium presents a High-Potential Investment Opportunity, listed at $205,000—positioned well above the $174,186 Fair Market Value by 17%. While the property reflects a Fair Condition Rating with original finishes, its prime location near Allegiant Stadium and the Las Vegas Strip ensures strong rental demand. Featuring community amenities like a pool, spa, and private patio, this unit offers a functional layout for long-term stability. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the Las Vegas market.
Estimated Market Value
$174,186
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5415 West Harmon Avenue 1161 Subject | $205,000* List Price | 1 | 1 | 723 | $241 | - |
A 4400 S Jones Boulevard 2087 Sold | $160,000 | 1 | 1 | 717 | $223 | 0.6 mi |
B 5185 Indian River Drive 225 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.2 mi |
C 4400 S Jones Boulevard 2103 Sold | $157,000 | 1 | 1 | 717 | $219 | 0.5 mi |
D 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.3 mi | |
E 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.3 mi |
F 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.3 mi |
G 5286 River Glen Drive 428 Sold | $155,000 List Price | 1 | 1 | 700 | 0.3 mi | |
H 5185 Indian River Drive 223 Sold | $150,000 | 1 | 1 | 700 | $214 | 0.2 mi |
I 5185 Indian River Drive 227 Active | $165,000 List Price | 1 | 1 | 700 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1997 (27 years old) and appears to have original finishes. While the listing and images show it is exceptionally well-maintained and move-in ready, the kitchen features dated oak cabinetry, older white appliances, and fluorescent lighting. Per the criteria, properties over 20 years old with original or dated features are classified as fair.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near Allegiant Stadium and the Las Vegas Strip, offering exceptional proximity to world-class entertainment, dining, and major freeway access.
- Ground-Floor Accessibility
As a first-floor unit within a gated community, this condo provides convenient, stair-free access and a private patio, enhancing its appeal for those seeking ease of entry.
- Turnkey Condition
The unit reflects meticulous pride of ownership and thoughtful upkeep, offering a well-maintained interior that minimizes the need for immediate post-purchase renovations.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 48 days on the market and a recent price reduction, the property may be facing initial pricing challenges or stiff competition in its specific market segment.
- Limited Living Space
The 723-square-foot, one-bedroom layout may limit the property's appeal to a narrower demographic of buyers compared to more versatile multi-bedroom units.
About 5415 West Harmon Avenue 1161
Price Reduced! Don’t miss this charming 1-bedroom, 1-bath, first-floor condo offering 723 sq ft of comfortable living. Tucked inside the gated Opulence community, this well-maintained condo reflects years of pride of ownership, thoughtful upkeep, and genuine care throughout. The layout offers comfortable living with an open living area, functional kitchen, spacious bedroom, and private patio space. Whether you’re looking for a primary residence, second home, or investment opportunity, this unit presents an excellent opportunity in a convenient Las Vegas location. Ideally situated near shopping, dining, Allegiant Stadium, the Las Vegas Strip, and freeway access, the community also features amenities including a pool, spa, and gated entry. A home with warmth, character, and plenty of potential for its next chapter.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 0.3 mi
6/10
Grant Sawyer Middle School
Grades 6-8 • 1.7 mi
4/10
Ed W Clark High School
Grades 9-12 • 2.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 723 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $205.0K | $225.8K |
| Price per sq ft | $284 | $213 |
| Built year | 1997 | 1996 |
| HOA | $220 | $254 |
| Days on market | 124 | 71 |
Pricing History
Listed for Sale
Jun 24, 2026
$205,000
$210,000
-2% Price Drop
Initial Listing
Price Change
May 8, 2026
$210,000
Initial Listing
Sold
Aug 28, 1997
$68,000
Public Record