6250 W Flamingo Road 162, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Functional Spring Valley Condominium is listed at $279,000, representing a stable residential asset positioned near its $233,225 Fair Market Value. The property features a Functional Dual-Suite Layout and benefits from Competitive Association Fees of only $160, which cover a community pool and recreational amenities. While the unit maintains a Condition Rating of 4 and requires cosmetic updates to its 1987 finishes, its central location near Kenny C Guinn Middle School and the Las Vegas Strip provides strong long-term utility. This is a strategic 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 |
|---|---|---|---|---|---|---|
★ 6250 W Flamingo Road 162 Subject | $279,000* List Price | 2 | 2 | 1,038 | $225 | - |
A 6250 W FLAMINGO Road 157 Sold | $325,000 | 2 | 3 | 1,424 | $228 | 0.0 mi |
B 4054 CRETE Lane C Sold | $240,000 | 2 | 2 | 1,141 | $210 | 0.9 mi |
C 4027 Nook Way B Sold | $229,900 List Price | 2 | 2 | 1,131 | 0.9 mi | |
D 6250 FLAMINGO Road 88 Sold | $270,000 | 2 | 3 | 1,424 | $190 | 0.1 mi |
E 4054 Crete Lane C Sold | $240,000 | 2 | 2 | 1,141 | $210 | 0.9 mi |
F 6250 W Flamingo Road 153 Active | $202,000 List Price | 1 | 1 | 879 | $230 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is nearly 40 years old and falls into the fair category based on its age and the lack of documented recent renovations. While the exterior appears maintained, the property likely features dated interior finishes in the kitchen and bathrooms, and major systems are likely aged. It fits the criteria of a home that is functional but shows signs of being outdated without a full modern overhaul.
Situated in the heart of Spring Valley, this property offers exceptional proximity to the Las Vegas Strip, Chinatown, and diverse shopping and dining options, ensuring high demand for both owners and tenants.
At $160 per month, the HOA fee is remarkably low for a community that includes a pool and recreational facilities, significantly lowering the total monthly carrying cost compared to similar developments.
The 2-bedroom, 2-bathroom configuration across 1,038 square feet provides a balanced and spacious floor plan that is highly sought after for its privacy and utility.
Constructed in 1987, the unit may require capital improvements or cosmetic updates to compete with newer inventory and meet modern energy efficiency standards.
While the middle school is rated a 5, the elementary and high schools carry ratings of 4, which may be a consideration for families prioritizing top-tier educational performance.
Beautiful two bedroom two bathroom condo located in Spring Valley near shopping, dining and entertainment. Complete with a community, pool and recreational facilities for your enjoyment!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,038 | 884 | 75% |
| Lot Size | - | 0.5 | 50% |
| Price | $279.0K | $158.5K | 96% |
| Price per sq ft | $269 | $195 | 95% |
| Built year | 1987 | 1983 | 67% |
| HOA | $160 | $184 | 38% |
| Days on market | 372 | 1176 | 40% |
Apr 15, 2025
$279,000
Initial Listing