7400 West Flamingo Road 2056, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 1 bath
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Las Vegas, NV 89147
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $244,500—positioned well below the $250,858 Fair Market Value by 2%. This valuation gap provides $6,358 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, including a modern kitchen and walk-in shower, this unit offers immediate rental appeal. Located near top-rated schools like P A Diskin Elementary, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a secure, move-in-ready lifestyle near the Las Vegas Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7400 West Flamingo Road 2056 Subject | $244,500* List Price | 2 | 1 | 917 | $274 | - |
A 7400 W Flamingo Road 1033 Sold | $240,000 | 2 | 2 | 959 | $250 | 0.0 mi |
B 7400 W Flamingo Road 1070 Sold | $289,900 List Price | 2 | 2 | 959 | 0.1 mi | |
C 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.6 mi |
D 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.1 mi |
E 7400 W Flamingo Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.1 mi |
F 7950 W Flamingo Road 1151 Sold | $236,000 | 2 | 2 | 1,023 | $231 | 0.6 mi |
G 7400 W Flamingo Road 2094 Active | $240,000 List Price | 2 | 1 | 917 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1995, the property has been recently renovated within the last 5 years. It features a modern kitchen with updated stone countertops, stainless steel appliances, contemporary flooring, and a renovated walk-in shower, placing it in mint, move-in-ready condition.
The unit has been recently updated, offering a modern aesthetic and move-in readiness that reduces the need for immediate post-purchase capital expenditures.
Ideally situated minutes from the Las Vegas Strip and within walking distance to local schools and shopping, providing high convenience and strong rental appeal.
Located in a gated community, the property provides enhanced privacy and security, featuring desirable extras like a private balcony and a cozy fireplace.
The 2-bedroom, 1-bathroom configuration may be a limiting factor for families or roommates who prefer the privacy and convenience of a second bathroom.
Being situated on the second floor may be a drawback for buyers with mobility issues or those who prefer the ease of ground-level entry.
Charming 2 bedroom second floor unit located in a gated community. This home features a comfortable great room with a cozy fireplace, a spacious walk in shower, and has been recently renovated, making it perfect for relaxing. Enjoy your own private balcony, ideal for a quiet outdoor retreat. The property offers convenient access to local schools, parks, and shopping, and is just minutes from the Las Vegas Strip.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 917 | 1,023 | 20% |
| Lot Size | - | - | 50% |
| Price | $244.5K | $236.0K | 65% |
| Price per sq ft | $267 | $230 | 91% |
| Built year | 1995 | 1997 | 36% |
| HOA | $250 | $196 | 76% |
| Days on market | 6 | 481 | 2% |
Jun 8, 2026
$244,500
Initial Listing
May 4, 1995
$77,000
Public Record