$156,900
Active
1401 Selmi Drive
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
550
Sq Ft
About This Property
Morning coffee or tea with mountain view. This cozy little condo is tucked away off the main streets and provides 1 covered parking space with an additional assigned parking space for you and your victors. You will find a well landscaped community, close to downtown and the riverwalk, quick access to the freeway, and would make for a great getaway retreat if you live out of town. Want to know about the HOA, contact agent today for a copy. Showings begin Thursday afternoon.
Listed by Raymond Solorzano — RE/MAX Professionals-Reno
Listing Details
Status
Active
MLS #
260006356
Price/Sq Ft
$285
Property History
May 20, 2026
Listed for sale
$156,900
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
550
Stories
1
Year Built
1986
Property Type
Condominium
Subdivision
Mccarran Knolls Condominiums
APN
004-051-03
Parking
Total Parking
2
Parking Features
Carport
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level
View
City, Mountain(s)
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$1,486
HOA Fee
$215 / Monthly
HOA / Community
McCarran Knolls Condominiums
Schools
Elementary School
Allen
Middle School
Traner
High School
Hug
HOA & Community
Community Amenities
Landscaping, Parking, Pool
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% ($31,380)
Home price
$156,900
Loan details
30-yr fixed, 6.5%
