
Las Vegas, NV 89142
This High-Potential Investment Opportunity is listed at a List Price of $145,000, positioned slightly above the $137,438 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and turnkey status—featuring fresh paint and included appliances—provide immediate rental utility. Located 15 minutes from Nellis Air Force Base, the unit offers strong demand for military housing. Despite the $400 HOA fee and lower-rated local schools, this asset remains a stable entry-level choice for Buy-and-Hold Investors or first-time buyers seeking an affordable Las Vegas residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5655 East Sahara Avenue 1071 Subject | $145,000* List Price | 1 | 1 | 774 | $178 | - |
A 5655 E Sahara Avenue 2049 Sold | $149,950 List Price | 1 | 1 | 774 | 0.1 mi | |
B 5655 E Sahara Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
C 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
D 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
E 5650 E Sahara Avenue 1011 Sold | $133,875 | 2 | 2 | 958 | $140 | 0.1 mi |
F 5650 E Sahara Avenue 1057 Active | $143,888 List Price | 1 | 1 | 774 | $186 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old and appears to have mostly original finishes. While the description mentions fresh paint, the kitchen features dated oak-style cabinetry and older white appliances. The tile flooring and overall aesthetic are functional but consistent with a 20+ year old unit needing modernization.
The unit is freshly painted and includes essential appliances like a washer and dryer, offering a turnkey solution for immediate occupancy.
Situated in a gated community just 15 minutes from Nellis Air Force Base and the airport, the property is ideally located for military personnel and frequent travelers.
At $145,000, this condo represents a highly accessible entry-level investment or residence within the Las Vegas market.
The $400 monthly HOA fee is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for buyers and overall monthly affordability.
The assigned middle and high schools have low ratings (2 and 4 respectively), which could limit the property's appeal to families and affect long-term resale value.
Freshly painted one bedroom one bath with washer and dryer private patio located in a gated community 15 minutes from the airport and Nellis Air force base. Perfectly situated near schools, shopping and golf course and entertainment.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 774 | - |
| Lot Size | 1 | - |
| Price | $145.0K | $217.2K |
| Price per sq ft | $187 | $219 |
| Built year | 2000 | 0 |
| HOA | $400 | $0 |
| Days on market | 34 | 828 |
Jun 18, 2026
$145,000
Initial Listing