940 North Sloan Lane 203, Las Vegas, NV 89110, Las Vegas, 89110 - 2 bed, 2 bath
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940 North Sloan Lane 203
Las Vegas, NV 89110
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,068Sq Ft
7,764Lot Size
Property Price
LIST PRICE$160,000
EST. MARKET VALUE
$160,202
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $160,000—positioned well below the $160,203 Fair Market Value by 0.13%. Featuring a Fair Condition Rating, this unit offers a value-add opportunity through cosmetic updates to the original cabinetry and flooring. With Dual Private Balconies and a Dedicated Garage, the asset provides rare functional benefits for the price point. This is a stable, income-generating acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Las Vegas market.
Estimated Market Value
$160,202
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 North Sloan Lane 203 Subject | $160,000* List Price | 2 | 2 | 1,068 | $150 | - |
A 960 N Sloan Lane 204 Active | $195,000 List Price | 3 | 2 | 1,068 | $183 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is functional and clean but dated. The kitchen features original-style oak cabinets, laminate countertops, and fluorescent light boxes. The presence of popcorn ceilings and older carpet suggests a lack of recent major renovations, placing it in the fair category as it needs cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Private Balconies
The unit features two separate private balconies—one off the living area and another off the primary bedroom—providing rare additional outdoor living space and scenic green views.
- Dedicated Garage Parking
Includes a one-car garage located just steps from the unit, offering secure parking and valuable extra storage space that is often missing in condominium living.
- Strong Investment Value
Priced competitively at $160,000 for a 2-bedroom, 2-bathroom layout, this property offers an accessible entry point for first-time buyers and high rental potential for 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 =7764, other record lot size in square feet = 2162.
- Low School Ratings
The assigned high school, Eldorado High, carries a low rating of 2, which may deter families and impact future resale demand among education-focused buyers.
- Second-Floor Accessibility
As an upstairs unit, the property requires stair access, which may limit its appeal to buyers with mobility concerns or those seeking the convenience of a ground-floor entry.
About 940 North Sloan Lane 203
Welcome home to this inviting 2-bedroom, 2-bath upstairs unit offering comfort, convenience, and beautiful surroundings! The spacious living area features a cozy fireplace and opens to a private balcony overlooking landscaped green space The primary bedroom also enjoys its own private balcony, creating the perfect spot to relax and unwind. A conveniently located one-car garage sits just steps from the unit, providing easy access and additional storage. With a desirable upstairs location, two private outdoor spaces, and beautiful views, this home offers an exceptional opportunity for owner-occupants and investors alike. Don’t miss it!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 7,764 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $298 / Month
Neighborhood Insights
Las Vegas Unified Schools
Eileen Brookman Elementary School
Grades PK-5 • 0.5 mi
4/10
Mike Ocallaghan Middle School
Grades 6-8 • 1.4 mi
4/10
Eldorado High School
Grades 9-12 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,068 | 1,059.468 |
| Lot Size | 7,764 | 6,055.359 |
| Price | $160.0K | $225.8K |
| Price per sq ft | $150 | $213 |
| Built year | 1990 | 1996 |
| HOA | $298 | $254 |
| Days on market | 8 | 71 |
Pricing History
Listed for Sale
Sep 1, 2026
$160,000
Initial Listing
Sold
May 8, 1992
$85,000
Public Record