5655 East Sahara Avenue 1001, Las Vegas, NV 89142, Las Vegas, 89142 - 2 bed, 2 bath
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5655 East Sahara Avenue 1001
Las Vegas, NV 89142
ACTIVE
CONDITION: FAIR
2Beds
2Baths
958Sq Ft
8,831Lot Size
Property Price
LIST PRICE$169,000
EST. MARKET VALUE
$171,759
SUMMARY
This Condominium Asset is a Strong Value Opportunity, listed at $169,000—positioned well below the $171,760 Fair Market Value by 1.6%. This valuation gap offers $2,760 in Instant Equity. Featuring a Fair Condition Rating, the unit provides a turnkey appliance package and ground-floor accessibility within a gated community with pool and spa amenities. While the HOA fees and school ratings warrant consideration, the property remains a stable, income-generating asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Estimated Market Value
$171,759
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 |
|---|---|---|---|---|---|---|
★ 5655 East Sahara Avenue 1001 Subject | $169,000* List Price | 2 | 2 | 958 | $179 | - |
A 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
B 5655 SAHARA Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
C 5655 E Sahara Avenue 2046 Sold | $170,000 | 2 | 2 | 958 | $177 | 0.1 mi |
D 5650 E Sahara Avenue 1011 Sold | $133,875 | 2 | 2 | 958 | $140 | 0.1 mi |
E 5655 E Sahara Avenue 2049 Sold | $149,950 List Price | 1 | 1 | 774 | 0.1 mi | |
F 5655 East Sahara Avenue 2029 Active | $175,000 List Price | 2 | 2 | 958 | $183 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000, this 26-year-old property is dated with original-style oak upper cabinets, older white appliances, and basic tile work in the bathroom. While functional and move-in ready, it requires cosmetic updates to the kitchen and baths to meet modern standards, fitting the >20-year age criteria for Fair condition.
PROSSTRENGTHS & OPPORTUNITIES
- Ground Floor Accessibility
As a first-floor unit, this property offers superior accessibility for residents with mobility concerns and provides added convenience for moving furniture and groceries.
- Turnkey Appliance Package
The inclusion of the refrigerator, washer, and dryer adds significant value for first-time buyers or investors, reducing immediate move-in costs.
- Comprehensive Community Amenities
Located in a gated community, the property provides residents with secure access to a pool, spa, and exercise facilities, enhancing the overall lifestyle and rental appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8831, other record lot size in square feet = 8985.
- High Association Fees
The $400 monthly HOA fee is relatively high compared to the $169,000 list price, which may impact a buyer's monthly debt-to-income ratio and overall affordability.
- Underperforming School District
The property is zoned for schools with lower performance ratings, specifically a 2/10 for the middle school, which could limit interest from families prioritizing education.
About 5655 East Sahara Avenue 1001
LOVELY 2 BEDROOMS 2 BATHS IN A GATED COMMUNITY...UNIT IS IN THE FIRST FLOOR WASHER DRYER AND FRIDGE ARE INCLUDED.AMENITIES INCLUDE POOL,SPA AND EXERCISE FACILITIES.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 8,831 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400 / Month
Neighborhood Insights
Las Vegas Unified Schools
Cyril Wengert Elementary School
Grades PK-5 • 0.5 mi
6/10
Duane D Keller Middle School
Grades 6-8 • 1.7 mi
2/10
Las Vegas High School
Grades 9-12 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 958 | 1,059.468 |
| Lot Size | 8,831 | 6,055.359 |
| Price | $169.0K | $225.8K |
| Price per sq ft | $176 | $213 |
| Built year | 2000 | 1996 |
| HOA | $400 | $254 |
| Days on market | 16 | 71 |
Pricing History
Listed for Sale
Aug 24, 2026
$169,000
Initial Listing