$199,900

5116 Gray Ln Unit E Las Vegas, NV 89119

$2,374
Closing credit¹
1 bed
1 full
716 sqft
$279 / sqft
Condo

Property details

About 5116 Gray Ln Unit E

REDUCED!!! Newly remodeled 1 bedroom unit (1 of 4) ready for you or your best tenants. OWC considered (see below) for this great property for the right buyer. Attached garage and the best parking in the community. Wonderfully located between UNLV and Harry Reid, close to the strip (but not too close). 6 months free professional property management for buyer. **Seller is offering interest rate buy down starting at 4.99% on approved credit and/or up to 3% in a closing cost credit with Seller's preferred Lender Tony Jarrous at Barrett Financial. All offers MUST be accompanied with a pre-approval letter from Tony in order for the offer to be considered by the seller. Title started with Leslie Clark at Fidelity National Title ***Buyer and Buyer's agent to verify all info.**THANK YOU FOR SHOWING**

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size716 sqft
Year built1977
ParkingAttached, Garage, Private
MLS #2624326
Attached garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Linoleum, Vinyl
  • Interior: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Garage, Private
  • Exterior: None
  • Architectural Style: One Story, Two Story
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $199,900
  • Price/SqFt: $279
  • HOA Amount: $240
  • HOA Frequency: Monthly
  • Lot: Landscaped
  • Directions: Maryland Pkwy and Tropicana, go South on Maryland to Parkway Villas (just before Hacienda), make a right into the community, right on to Gray Ln. last building on the right.
  • Year Built: 1977
  • Stories: 1
  • Living Area: 716 SqFt
  • MLS Number: 2624326
  • MLS Name: GLVAR
  • Office Name: Since 1917 Realty
  • Office Phone: (702) 858-3630
  • Listing Agent: Jay C. Rosen

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$199,900

5116 Gray Ln Unit E

$2,374

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Gene Ward Elementary School

Public District KG-5

0.5 mi

1555 E Hacienda Ave

6

Dailey Jack Elementary School

Public District PK-5

0.9 mi

2001 E Reno Ave

6

Paradise Elementary School

Public District KG-5

1.1 mi

900 Cottage Grove Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,083. The majority of Las Vegas, NV residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
47%
35k-100k
7%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
23%
Single, with Kids
9%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5116 Gray Ln Unit E

The listing price of 5116 Gray Ln Unit E property is $199,900.

The property 5116 Gray Ln Unit E is a condo located in Las Vegas, Nevada, 89119.

Active Listing: 5116 Gray Ln Unit E is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5116 Gray Ln Unit E are: Gene Ward Elementary School (GreatSchools Rating 4/10), Dailey Jack Elementary School (GreatSchools Rating 6/10), Paradise Elementary School (GreatSchools Rating 6/10), Helen C. Cannon Junior High School (GreatSchools Rating 5/10), William E. Orr Middle School (GreatSchools Rating 5/10), C. W. Woodbury Middle School (GreatSchools Rating 3/10), Del Sol High School (GreatSchools Rating 4/10), NV Learning Academy J-Sr High School (GreatSchools Rating 3/10), Nevada Preparatory Charter School (GreatSchools Rating 6/10).

The property at 5116 Gray Ln Unit E has 1 bedroom and 1 bathroom.

The property 5116 Gray Ln Unit E is 716 SqFt (source: MLS/tax record).

The year of construction for 5116 Gray Ln Unit E is 1977.

This home is located at 5116 Gray Ln Unit E in Las Vegas, NV and zip code 89119 in the Paradise neighborhood. This 716 square foot home was built in 1977. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $199,900.

Las Vegas, NV housing market in April 2025 saw over 287 listings sold above listed price, more than 461 sold at listed price and over 952 sold below. The number of homes for sale in Las Vegas, NV increased by 14.6% between March and April 2025. Listings spent 39 days on the market in April 2025, and had a median list price of $439,944 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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