8555 W Russell Road 1017, Las Vegas, NV 89113, Las Vegas, 89113 - 1 bed, 1 bath
8555 W Russell Road 1017
Las Vegas, NV 89113
Property Price
SUMMARY
Analysis of 8555 W Russell Road 1017, Las Vegas, NV 89113 is currently available with a list price of $223,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features several key updates that elevate it above a standard 'fair' condition for its age. Built in 2000, the unit has been refreshed with modern two-tone paint and durable all-tile flooring throughout. The kitchen is equipped with updated stainless steel appliances, which meet current market expectations. While the property is 24 years old, these specific improvements and the overall well-maintained appearance described suggest it is functional and requires no immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Prime Southwest Location
Situated in the heart of the desirable Southwest submarket, this property offers exceptional access to the 215 freeway, diverse dining options, and high-end shopping, making it a highly convenient urban hub.
- Low-Maintenance Interior
The unit features durable all-tile flooring throughout and stainless steel appliances, providing a modern, move-in-ready aesthetic that is easy to maintain for both homeowners and investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9651, other record lot size in square feet = 2347.
- Compact Square Footage
At just 697 square feet, the living space is relatively small, which may limit appeal for buyers seeking more room for a home office or additional storage.
- Aging Infrastructure
Built in 2000, the property may soon require capital improvements or updates to major mechanical systems that are approaching the end of their typical lifecycle.
About 8555 W Russell Road 1017
Welcome to this Charming 1 bed condo inside the Gated Morgyn Ridge community in the heart of the Southwest. All tile flooring throughout, two-tone paint color and SS appliances. Adorable Livingroom with a huge, long closet for storage. Nice size primary bedroom with walk-in-closet. Relax with a cup of Tea in your covered Porch. HOA includes Water, Sewer, and Trash...Less Bills to pay. Plenty of additional parking in the community. Close to 215 freeway, Restaurants, shopping, and much more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 9,651 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295 / Month
Neighborhood Insights
Las Vegas Unified Schools
Lucille S Rogers Elementary School
Grades PK-5 • 0.5 mi
Wayne N Tanaka Elementary School
Grades PK-5 • 1.7 mi
Frank Kim Elementary School
Grades PK-5 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 697 | 955 | 7% |
| Lot Size | 9,651 | 1,032.5 | 77% |
| Price | $223.9K | $233.5K | 45% |
| Price per sq ft | $321 | $248 | 99% |
| Built year | 2000 | 2003 | 24% |
| HOA | $295 | $225 | 82% |
| Days on market | 36 | 281 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$223,900
Initial Listing