8501 W University Avenue 2084, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
8501 W University Avenue 2084
Las Vegas, NV 89147
Property Price
SUMMARY
Analysis of 8501 W University Avenue 2084, Las Vegas, NV 89147 is currently available with a list price of $259,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this 26-year-old 'standard unit' is described as needing 'a little work,' indicating it has not undergone recent major renovations. The interior likely features original builder-grade finishes, dated kitchen appliances, and older light fixtures. While the property appears functional and maintained, it shows clear signs of age and requires cosmetic updates such as new flooring and paint to meet modern move-in ready standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Southwest Location
Situated in a desirable gated community in the Southwest area, this property offers excellent proximity to local schools, shopping centers, and essential services.
- Comprehensive Community Amenities
The association provides high-value amenities including a community pool and an exercise room, enhancing the lifestyle appeal for both owner-occupants and tenants.
- Spacious Upstairs Layout
At 1,019 square feet, this upstairs unit offers a generous floor plan that provides more living space and privacy than many competing two-bedroom condominiums.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Required Improvements
The property is noted as needing 'a little work,' suggesting that buyers should budget for immediate repairs or cosmetic updates to bring the unit to its full potential.
- Dated Interior Standards
As a 'standard unit' built in 1999, the interior likely lacks modern finishes and energy-efficient upgrades found in newer Las Vegas developments.
About 8501 W University Avenue 2084
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roger M Bryan Elementary School
Grades PK-5 • 0.8 mi
Clifford J Lawrence Junior High School
Grades 6-8 • 0.5 mi
Spring Valley High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 39% |
| Lot Size | 10,000 | 1,068 | 83% |
| Price | $260.0K | $227.2K | 61% |
| Price per sq ft | $255 | $233 | 81% |
| Built year | 1999 | 1999 | 50% |
| HOA | $220 | $230 | 46% |
| Days on market | 210 | 252 | 42% |
Pricing History
Listed for Sale
Aug 9, 2025
$259,999
Initial Listing
Sold
Sep 15, 1998
$85,000
Public Record