
Las Vegas, NV 89147
This Prime Investment Opportunity is listed at a List Price of $225,000—positioned well below the $230,018 Fair Market Value by 2%. This valuation gap offers $5,018 in Instant Equity. Featuring a Condition Rating of 4, the unit provides a stable foundation with a split-bedroom layout and private covered patio. Located near top-rated schools like P A Diskin Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset in a gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7570 West Flamingo Road 115 Subject | $225,000* List Price | 2 | 2 | 1,023 | $225 | - |
A 7570 W Flamingo Road 230 Sold | $220,000 | 2 | 2 | 1,023 | $215 | 0.0 mi |
B 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.6 mi |
C 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.6 mi |
D 7950 W FLAMINGO Road 2168 Sold | $165,000 List Price | 2 | 2 | 1,023 | 0.5 mi | |
E 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.5 mi |
F 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.5 mi |
G 7950 W Flamingo Road 2168 Sold | $229,000 | 2 | 2 | 1,023 | $224 | 0.5 mi |
H 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.5 mi |
I 7570 W Flamingo Road 252 Active | $255,000 List Price | 2 | 2 | 1,023 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 33-year-old property is well-maintained but largely dated. While it features updated stainless steel appliances, the kitchen and bathrooms retain original oak cabinetry and white tile countertops. Per the criteria, it is over 20 years old and requires cosmetic updates to be considered modern.
The unit is located on the ground floor and features a split-bedroom layout, offering both ease of access and enhanced privacy for residents or roommates.
Ideally situated within walking distance to elementary and high schools, with quick access to the freeway, shopping, and dining hubs.
Residents benefit from a gated environment with mature landscaping, a pool, spa, and assigned covered parking, all with a competitive monthly association fee.
Built in 1991, the property may require cosmetic updates to meet modern aesthetic standards compared to newer developments in the area.
As a first-floor unit in a multi-story condominium complex, there is an increased likelihood of overhead noise from neighboring units.
Welcome to this beautifully maintained 2-bedroom, 2-bath condo located in the gated Rain Tree community. This spacious first floor unit offers an open floor plan with over 1,000 square feet of living space, a cozy gas fireplace, and a private covered patio. The kitchen features ample cabinet space and a breakfast bar overlooking the living and dining areas. The split bedroom layout provides added privacy, with a generous primary suite and en-suite bath. Separate laundry room with washer and dryer included. Assigned covered parking conveniently located near the unit. Community amenities include a pool, spa, guest parking, and mature landscaping. Ideally situated near shopping, dining, parks, entertainment, and easy freeway access.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,023 | - |
| Lot Size | - | - |
| Price | $225.0K | $217.2K |
| Price per sq ft | $220 | $219 |
| Built year | 1991 | 0 |
| HOA | $205 | $0 |
| Days on market | 32 | 828 |
Jun 20, 2026
$225,000
Initial Listing