$225,000New this week

5032 S Rainbow Boulevard #102Las Vegas, NV 89118

2 beds
2 baths
1,091 sq ft
7,663 sq ft lot
Built 1987

Listed by Elvie A. Malasarte, City Villa Realty & Management, 702-222-0576

$206 per sq ft1 day on marketHOA $235/moIDX MLS 2813284

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About this home

The classic design of a multi-story condominium structure defines this residence located at 5032 S Rainbow Blvd Unit 102. Spanning 1091 square feet of living space, this home offers a structured layout designed for comfortable living. The property is situated with access to restaurants, grocery stores, the strip, and the airport. Inside, the functional living spaces feature two bedrooms and two full bathrooms. The interior is equipped with practical details, including blinds to assist with temperature and light control.

A microwave is included among the household appliances, supporting everyday meal preparation. Residents can enjoy leisure time and outdoor relaxation with access to a pool on the property. This condominium provides a straightforward living experience in the heart of Las Vegas.

How does this home compare?

At $206 a square foot, this home is 19% below the ZIP 89118 median of $256. It is larger than 33% of the 155 homes for sale there.

Priced higher than15%
Larger than33%
Listed longer than18%

Compared with the 155 homes for sale in ZIP 89118 today, from the MLS listings on this site.

Facts and features

The home

Type: Condominium
Bedrooms: 2
Bathrooms: 2
Living area: 1,091 sq ft
Year built: 1987
Primary bedroom: Downstairs
Fireplace: Yes
Solar power: Yes

Inside

Heating: Central, Gas
Cooling: Central Air, Electric
Flooring: Carpet, Laminate
Appliances: Dryer, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, and more
Laundry: Gas Dryer Hookup, Laundry Closet
Features: Bathroomon Main Level, Bedroom On Main Level, Full Bath On Main Level, Primary Downstairs, Window Treatments

The lot and outside

Lot: 7,663 sq ft
Private pool: No
Spa: No
Pool: Community
Parking: Assigned, Covered, Detached Carport
Roof: Tile
Outside: Patio
Facing: West

Costs

Property tax: $990 a year
HOA dues: $235 a month
HOA covers: Association Management, Maintenance Grounds

The community

Neighborhood: Trails Amd
Gated: Yes

Schools

Elementary: Earl, Marion B.
Middle: Sawyer Grant
High: Durango

As the listing names them. Schools are assigned by address and can change from year to year. Confirm with CCSD

Get pre-approved

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Sellers take offers with a pre-approval more seriously. Chris Casiello at Five Star Mortgage can usually pre-approve you within a day.

Chris CasielloFive Star Mortgage · NMLS 1401517

Or apply online with Chris

Optional. You are free to use any lender.

Tour this home

Pick a time to see it

Free, no obligation. Vegas confirms by text.

Vegas Paradise HomesReplies the same day

Call Text

Get pre-approved

Know your number before you tour

Sellers take offers with a pre-approval more seriously. Chris Casiello at Five Star Mortgage can usually pre-approve you within a day.

Chris CasielloFive Star Mortgage · NMLS 1401517

Or apply online with Chris

Optional. You are free to use any lender.

Where it is

Where is 5032 S Rainbow Boulevard #102?

In Trails Amd, Las Vegas. The prices on the map are 6 similar homes for sale nearby.

Directions

Cost of ownership

What would this home cost each month?

At the list price of $225,000 with 20 percent down, here is an estimate of the monthly payment, including taxes, insurance, and HOA dues. Change any number to fit your budget.

Estimated monthly payment $1,652

Principal and interest$1,138
Property tax$113
Home insurance$167
HOA dues$235

Illustrative only. Your lender, the county assessor, and your insurer set the real numbers. Not a loan offer from Vegas Paradise Homes.

Fine print

Listing information from LVR IDX, refreshed October 11, 2026. Deemed reliable but not guaranteed. Square footage and lot size are from the listing and may not be exact.
The payment estimate is illustrative. Your lender, the county assessor, and your insurer set the real numbers.