$339,900 Active
1200 Riverside Drive #UNIT 1229
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,624 Sq Ft

About This Property

Set alongside the picturesque Truckee River is this secure, turn key condo with 2 assigned parking spaces, a sparkling pool for those summer days and beautiful river views right from your 4th Floor living room. This spacious unit has 2 primary suites, each with their own full bathrooms, and large closets. The floor plan is open and invites visiting and conversation between the living area, dining area, and kitchen. The kitchen features a barstool height counter top, and granite counter tops. The unit has an indoor laundry area, plenty of cabinet and closet space and even a storage area downstairs. This unit comes equipped with a refrigerator, washer and dryer.

Listed by Edward Lenzer — eXp Realty

Listing Details

Status Active
MLS # 260005027
Days on Market 13
Price/Sq Ft $209

Property History

Apr 24, 2026
Listed for sale
$339,900
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,624
Stories 10
Year Built 1972
Property Type Condominium
Subdivision 1200 Riverside Drive
APN 010-471-15
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Park/Greenbelt
Construction Brick
Roof Flat
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,539
HOA Fee $1,139 / Monthly
HOA / Community 1200 Riverside Dr
Schools
Elementary School Warner
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Barbecue, Clubhouse, Elevator(s), Fitness Center, Landscaping, Parking, Pool, Security
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($67,980)
Home price
$339,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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