8501 W University Avenue 2084, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Two-Bedroom Southwest Las Vegas Condominium enters the market at $259,999, representing a stable entry point aligned with its $248,604 Fair Market Value. Currently maintaining a Fair Condition Rating, the 1,019-square-foot upstairs unit features original finishes and "needs a little work," offering a prime opportunity for value-add improvements. Located in a gated community with a community pool and exercise room, the property sits minutes from Roger M Bryan Elementary. This asset serves as a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a customizable home in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 W University Avenue 2084 Subject | $259,999* List Price | 2 | 2 | 1,019 | $244 | - |
A 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.8 mi |
B 8501 W University Avenue 2078 Sold | $245,000 | 2 | 2 | 1,019 | $240 | 0.1 mi |
C 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.8 mi |
D 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.8 mi |
E 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.8 mi |
F 8501 W University Avenue 1123 Sold | $269,000 List Price | 3 | 2 | 1,090 | 0.1 mi | |
G 8501 W University Avenue 2089 Active | $242,500 List Price | 2 | 2 | 890 | $272 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property retains its original 'standard' finishes, including oak cabinetry, tile countertops, and dated white appliances. The listing description explicitly states the unit 'needs a little work,' which is supported by visual evidence of worn carpeting and deteriorated caulking/grout in the bathroom. While functional, the interior is significantly outdated and shows signs of deferred maintenance consistent with a property of this age that has not undergone major renovations.
Situated in a desirable gated community in the Southwest area, this property offers excellent proximity to local schools, shopping centers, and essential services.
The property includes access to a comprehensive suite of amenities, including a community pool and an exercise room, providing added lifestyle value for residents.
As a 1,019-square-foot upstairs unit, the condo offers a generous floor plan that provides more privacy and a sense of space compared to ground-floor alternatives.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10000, other record lot size in square feet = 2260.
The property is noted as needing 'a little work,' which implies that immediate investment in repairs or cosmetic updates will be necessary upon purchase.
Described as a 'standard unit' built in 1999, the interior likely lacks modern upgrades and finishes, which may affect its immediate appeal to turnkey buyers.
2 BEDROOM IN GATED COMMUNITY. EXERCISE ROOM, COMMUNITY POOL. SOUTHWEST AREA. Upstairs unit. very large condo, close to schools and shopping!! standard unit that needs a little work.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.2 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 | 1,019 | 1,023 | 36% |
| Lot Size | 10,000 | 959 | 77% |
| Price | $260.0K | $239.0K | 61% |
| Price per sq ft | $255 | $231 | 81% |
| Built year | 1999 | 1999 | 50% |
| HOA | $220 | $200 | 52% |
| Days on market | 256 | 369 | 48% |
Aug 9, 2025
$259,999
Initial Listing
Sep 15, 1998
$85,000
Public Record