8101 W Flamingo Road 2179, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This High-Yield Spring Valley Condominium is listed at $258,000, representing a stable entry into a high-demand rental corridor near Chinatown. Positioned with market stability in mind relative to its $240,499 Fair Market Value, the asset's long-term value is secured by a remarkably low $88 association fee and a Fair Condition Rating featuring updated vinyl flooring. Residents benefit from resort-style amenities including a community pool and spa, with convenient access to Roger M Bryan Elementary. This move-in-ready unit is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking minimized monthly carrying costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8101 W Flamingo Road 2179 Subject | $258,000* List Price | 2 | 2 | 1,042 | $230 | - |
A 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.3 mi |
B 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.3 mi |
C 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.2 mi |
D 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.2 mi |
E 8501 W University Avenue 2078 Sold | $245,000 | 2 | 2 | 1,019 | $240 | 0.6 mi |
F 7950 W Flamingo Road 1077 Sold | $240,000 | 2 | 2 | 1,023 | $235 | 0.3 mi |
G 8101 W Flamingo Road 1002 Active | $234,900 List Price | 2 | 2 | 1,042 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property is dated and fits the 'Fair' criteria. While it has been refreshed with new vinyl plank flooring and paint, the kitchen cabinets and bathroom vanities appear to be original. The countertops and appliances have seen partial updates, but the core cabinetry and bathroom fixtures are over 20 years old and need modernization.
The property is situated in a highly desirable area near Chinatown, offering exceptional convenience and high rental demand for investors.
Featuring durable vinyl flooring throughout and a fully equipped kitchen, the unit is move-in ready, minimizing immediate capital expenditure for new owners.
With a competitive list price and a remarkably low association fee of $88, this property offers an attractive cap rate for investors or affordable monthly carrying costs for owner-occupants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12197, other record lot size in square feet = 2110.
Built in 1997, the property may require more frequent maintenance or updates to major systems compared to newer condominium developments in the Las Vegas market.
The assigned middle and high schools have ratings of 5 and 4 respectively, which may be a consideration for families prioritizing high-performing educational districts.
High-investment-value 2-bed condo with 1 carport, featuring a large balcony, throughout vinyl flooring, and fully equipped kitchen appliances. Prime Spring Valley location near Chinatown for ultimate convenience. Community offers pool, spa, clubhouse, and more—ideal for owner-occupancy or rental income!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.6 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 | 1,042 | 1,023 | 56% |
| Lot Size | 12,197 | - | 96% |
| Price | $258.0K | $236.0K | 67% |
| Price per sq ft | $248 | $230 | 71% |
| Built year | 1997 | 1997 | 50% |
| HOA | $88 | $195 | 25% |
| Days on market | 53 | 483 | 2% |
Apr 24, 2026
$258,000
Initial Listing