$225,000 Active
140 Griswold Way #UNIT A
Reno, NV 89503

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2 Beds
·
1.0 Baths
·
920 Sq Ft

Our data on this home

Home insurance $900 – $1,400/yr Standard homeowners policy

About This Property

Turnkey Opportunity Near UNR! This completely remodeled ground-floor 2-bedroom, 1-bath condo offers approximately 970 square feet in a convenient Northwest Reno location near UNR, shopping, dining, and essential services. The property features new flooring throughout and new stainless steel appliances, creating a low-maintenance rental opportunity. Short-term rentals are allowed, providing flexible rental options. Community amenities include a pool, hot tub, clubhouse, gym and BBQ's. With its convenient location, remodeled interior, ground-floor access, and rental flexibility, this condo offers an attractive opportunity for investors or buyers seeking a property with income potential.

Listed by Connie Zanotto — New Dimensions, Inc.

Listing Details

Status Active
MLS # 260012777
Days on Market 16
Price/Sq Ft $245

Property History

Oct 06, 2026
Listed for sale
$225,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 920
Lot Size 0.02 acres
Stories 1
Year Built 1974
Property Type Condominium
Subdivision Talus Point Condominiums
APN 003-211-16
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $604
HOA Fee $469 / Monthly
HOA / Community Talus Point Condiminiums
Schools
Elementary School Elmcrest
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities Barbecue, Clubhouse, Fitness Center, Landscaping, Pool, Recreation Room, Spa/Hot Tub
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$900 – $1,400/yr
about $96/mo
Est. Rebuild Cost (Coverage A)
$276,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$1,753 per month
Principal & interest
$1,138/mo
Property taxes
$50/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$469/mo
From MLS listing data.
Home insurance
$96/mo
Estimated ~$900–$1,400/yr — get a local broker quote for accuracy.
Down payment
20% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
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