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5046 Rainbow Blvd

Las Vegas, NV 89118

2 bd 1 ba 949 sqft Built 1987 condo
Most recent sale
$141,745
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2025 Listed $209,900 LasVegas
Sep 23, 2023 Listed for rent $1,795 LasVegas
Jun 15, 2023 Price changed $249,900 LasVegas
Apr 21, 2023 Listed $234,900 LasVegas
Oct 21, 2022 Price changed $224,900 MLS #2419825
Sep 23, 2022 Relisted $229,900 MLS #2419825
Jul 20, 2022 Listed $229,900 MLS #2419825
Jul 15, 2022 Sold $141,745 Public Record
Nov 7, 2007 Sold $135,168 Public Record
Feb 24, 2005 Sold $44,000,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $16,335 $14,000 $30,335 $640
2020 $16,362 $13,650 $30,012 $591
2019 $16,387 $13,300 $29,687 $554
2018 $16,104 $6,650 $22,754 $529
2017 $16,573 $5,950 $22,523 $661
2016 $16,895 $5,950 $22,845 $496
2015 $16,894 $5,250 $22,144 $494
2014 $15,522 $4,900 $20,422 $465
2012 $11,099 $4,200 $15,299 $449
2011 $13,731 $4,550 $18,281 $536
2010 $12,941 $5,250 $18,191 $535

Property facts

Year built
1987
Property type
condo
Stories
1
Beds
2
Baths
1
Living area
949 sqft
Lot size
ZIP code
89118
City
Las Vegas
Street
Rainbow Blvd
Coordinates
36.09648, -115.23893

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,566
Gross rental yield
13.26%
Implied cap rate
8.62%
Trend-extrapolated value

Frequently asked questions

When did 5046 Rainbow Blvd last sell?
5046 Rainbow Blvd most recently sold on Jul 15, 2022 for $141,745.
What is the current tax assessment for 5046 Rainbow Blvd?
The most recent total assessment for 5046 Rainbow Blvd (year 2021) is $30,335 with $640 in property tax.
How does 5046 Rainbow Blvd's assessment compare to its last sale price?
The current assessment is 78.6% below the last sale price of $141,745.
When was 5046 Rainbow Blvd built?
5046 Rainbow Blvd was built in 1987.
How does 5046 Rainbow Blvd compare to others on Rainbow Blvd?
We track 8 other properties on Rainbow Blvd. Browse the list under "Other properties on Rainbow Blvd" to compare beds, baths, and sale history.
What are the property facts for 5046 Rainbow Blvd?
5046 Rainbow Blvd is a 2 bed, 1 bath, 949 sqft condo.
Is 5046 Rainbow Blvd a flip candidate?
No — 5046 Rainbow Blvd does not appear in our flips dataset.
Is 5046 Rainbow Blvd a tax-appeal candidate?
No — 5046 Rainbow Blvd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$1M
2026 Q3
$1.02M
ZIP 89118 — Median Price History + Forecast

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