$420,000 Active
1200 Riverside Drive #UNIT 1285
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
·
1,738 Sq Ft

About This Property

Spacious 2 bedroom, 2 bathroom condo at 1200 Riverside Drive with approximately 1,738 sq. ft. of living space and abundant natural light. This unit features a private balcony, in-unit laundry, tile flooring, and scenic views of the surrounding park, mountains, and Truckee River area. The floor plan offers generous living and dining space, with a storage unit included on the 3rd floor and one parking space. 1200 Riverside is a well-established condominium community located along the Truckee River near downtown Reno. Community amenities include an outdoor pool, BBQ area, clubhouse, mature landscaping, and 24-hour on-site security. Convenient access to the river, downtown Reno, restaurants, entertainment, parks, and nearby services. Buyer to verify HOA dues, included utilities, parking, storage, and all association rules/restrictions.

Listed by Jonathan Minerick — Homecoin.com

Listing Details

Status Active
MLS # 260007433
Price/Sq Ft $242

Property History

Jun 11, 2026
Listed for sale
$420,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,738
Stories 11
Year Built 1972
Property Type Condominium
Subdivision 1200 Riverside Drive
STR Jurisdiction Washoe County
APN 010-472-13
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Park/Greenbelt, Trees/Woods
Construction Brick, Brick Veneer
Roof Flat
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Forced Air
Cooling Central Air
Water Source Truckee River
Financial
Annual Tax $1,353
HOA Fee $907 / Monthly
HOA / Community 1200 Riverside Dr. Association
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Barbecue, Clubhouse, Elevator(s), Fitness Center, Gated, Landscaping, Management, Parking, Pool, Recreation Room, Security, Storage
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($84,000)
Home price
$420,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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