5525 West Flamingo Road 1003, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
Loading property details...
Las Vegas, NV 89103
This 2-bedroom condo represents a Strong Value Opportunity, listed at a List Price of $200,000—positioned well below the $218,854 Fair Market Value by 8%. This valuation gap provides $18,854 in Instant Equity. With a Fair Condition Rating, the property features wood-style and tile flooring and offers a prime location near the Las Vegas Strip. While the 1997 build year suggests potential for mechanical updates, the low HOA fee and rental demand make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5525 West Flamingo Road 1003 Subject | $200,000* List Price | 2 | 2 | 1,135 | $193 | - |
A 5525 W Flamingo Road 1033 Sold | $210,000 | 2 | 2 | 1,135 | $185 | 0.0 mi |
B 4400 S Jones Boulevard 2034 Sold | $205,000 | 2 | 2 | 947 | $216 | 0.5 mi |
C 5576 W Rochelle Avenue 30C Sold | $169,900 List Price | 2 | 2 | 1,058 | 0.1 mi | |
D 4027 Nook Way B Sold | $229,900 List Price | 2 | 2 | 1,131 | 0.3 mi | |
E 4054 CRETE Lane C Sold | $240,000 | 2 | 2 | 1,141 | $210 | 0.3 mi |
F 4400 S Jones Boulevard 2122 Sold | $209,950 | 2 | 2 | 947 | $222 | 0.4 mi |
G 4400 S Jones Boulevard 2122 Sold | $209,950 | 2 | 2 | 947 | $222 | 0.4 mi |
H 4400 South Jones Boulevard 3138 Active | $217,000 List Price | 2 | 2 | 994 | $218 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 29-year-old property falls into the Fair category (>20y). While the description notes wood-style and tile flooring, the age suggests that original systems (HVAC/Electric) and kitchen/bath fixtures are likely dated and nearing the end of their functional lifespan, requiring minor repairs or modern updates.
The property is situated just minutes from the Las Vegas Strip with immediate access to major freeways, shopping, and dining, making it highly attractive for both residents and potential renters.
Featuring wood-style and tile flooring throughout, the interior offers a modern, durable finish that is easier to maintain and more hypoallergenic than traditional carpeting.
At a price point of $200,000 for over 1,100 square feet and a relatively low HOA fee of $250, this unit represents a competitive entry-level opportunity in the Las Vegas market.
The assigned high school has a lower rating of 4, which may be a deterrent for families specifically seeking top-tier educational districts.
Built in 1997, the property is approaching 30 years of age, which may require buyers to budget for the eventual replacement of aging mechanical systems or appliances.
Spacious 2-bedroom 2-bath condo featuring wood style and tile flooring throughout. Conveniently located just minutes from the Las Vegas Strip with easy access to freeways, shopping, dining, and entertainment.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,135 | - |
| Lot Size | - | - |
| Price | $200.0K | $217.2K |
| Price per sq ft | $176 | $219 |
| Built year | 1997 | 0 |
| HOA | $250 | $0 |
| Days on market | 42 | 828 |
Jun 10, 2026
$200,000
Initial Listing