6250 West Flamingo Road 15, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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6250 West Flamingo Road 15
Las Vegas, NV 89103
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,038Sq Ft
3,969Lot Size
Property Price
LIST PRICE$225,900
EST. MARKET VALUE
$207,558
8% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity, listed at $225,900—positioned above the $207,559 Fair Market Value. While priced slightly above market, the unit offers a stable, income-generating asset with a long-term tenant in place through July 2027. Featuring a Condition Rating of 3, the unit includes modern laminate flooring and neutral paint, ensuring a functional, move-in ready state. Located near C H Decker Elementary and Kenny C Guinn Middle School, this is an ideal acquisition for Buy-and-Hold Investors or Passive Income Seekers.
Estimated Market Value
$207,558
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 |
|---|---|---|---|---|---|---|
★ 6250 West Flamingo Road 15 Subject | $225,900* List Price | 2 | 2 | 1,038 | $200 | - |
A 5576 W Rochelle Avenue 32A Sold | $209,000 | 2 | 2 | 1,058 | $198 | 0.7 mi |
B 6250 W Flamingo Road 17 Sold | $250,000 | 2 | 2 | 1,038 | $241 | 0.0 mi |
C 4013 Nook Way A Sold | $210,000 | 2 | 2 | 1,131 | $186 | 0.9 mi |
D 5404 River Glen Drive 361 Sold | $178,500 | 2 | 2 | 978 | $183 | 0.8 mi |
E 5576 West Rochelle Avenue 6 C Sold | $206,000 | 2 | 2 | 1,058 | $195 | 0.7 mi |
F 5278 River Glen Drive 419 Sold | $187,000 | 2 | 2 | 978 | $191 | 0.9 mi |
G 5121 River Glen Drive 138 Sold | $165,000 | 2 | 1 | 816 | $202 | 1.0 mi |
H 4411 Alexis Drive 448 Sold | $160,000 | 2 | 2 | 978 | $164 | 0.8 mi |
I 5576 W Rochelle Avenue 6A Pending | $228,000 List Price | 2 | 2 | 1,058 | $216 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1985, it has been updated with modern grey laminate flooring and fresh neutral paint throughout. The kitchen and bathrooms appear functional and well-maintained; although the tiled countertops and white appliances are somewhat dated, the unit is move-in ready and currently supports a long-term tenant, fitting the criteria for a well-maintained, functional property.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property features a reliable, long-term tenant in place until July 2027, offering investors an immediate 5-6% ROI with a proven history of on-time payments.
- Prime Central Location
Situated in a desirable central Las Vegas community, the unit provides excellent proximity to major freeways, diverse dining, and shopping hubs, ensuring high tenant demand.
- Corner Unit Privacy
As a second-floor corner unit, the property benefits from increased natural light and enhanced privacy with fewer shared walls than standard interior units.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3969, other record lot size in square feet = 3485.
- Restricted Occupancy
With a lease agreement active through mid-2027, the property is not suitable for owner-occupants seeking immediate residency, significantly limiting the buyer pool.
- Aging Infrastructure
Built in 1985, the property may require more frequent maintenance or capital improvements to systems and finishes compared to newer condominium developments in the area.
About 6250 West Flamingo Road 15
This charming 2 bedroom, 2nd floor corner unit offers comfort and convenience. This bright open floor unit is spacious and presents a fantastic opportunity for a dynamic lifestyle in a desirable community in central Las Vegas. The surrounding Las Vegas area offers diverse amenities, including dining, shopping, and freeway access. Perfect for investors, tenant in place for another year until end of July 2027. ROI 5-6%, long term tenant that pays on time.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 3,969 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $211 / Month
Neighborhood Insights
Las Vegas Unified Schools
C H Decker Elementary School
Grades PK-5 • 0.6 mi
4/10
Kenny C Guinn Middle School
Grades 6-8 • 0.2 mi
5/10
Durango High School
Grades 9-12 • 2.0 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 | 1,038 | 1,059.468 |
| Lot Size | 3,969 | 6,055.359 |
| Price | $225.9K | $225.8K |
| Price per sq ft | $218 | $213 |
| Built year | 1985 | 1996 |
| HOA | $211 | $254 |
| Days on market | 33 | 71 |
Pricing History
Listed for Sale
Aug 7, 2026
$225,900
Initial Listing