$245,000 $265,000 ↓ $20,000 reduced Active
1466 Selmi Drive
Reno, NV 89512

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STR Status Unknown
2 Beds
·
2.0 Baths
·
867 Sq Ft

Our data on this home

Home insurance $900 – $1,300/yr Standard homeowners policy

About This Property

Welcome to this beautifully maintained 2-bedroom, 2-bath condo offering comfort and convenience. Featuring an open and functional floor plan, this unit includes a spacious living area with a cozy fireplace, an in-unit washer and dryer, and a private patio. Conveniently located just minutes from the University of Nevada, Reno, downtown Reno, shopping, dining, and with quick freeway access, this home is perfect for first-time buyers, students, professionals, or investors alike.

Listed by Saul Madera — RE/MAX Gold

Listing Details

Status Active
MLS # 260008648
Days on Market 101
Price/Sq Ft $283

Property History

Jul 16, 2026
Listed for sale
$265,000
Jul 16, 2026
Relisted
$265,000
Aug 05, 2026
Price reduced
$260,000 $265,000 ↓ $5,000
Aug 12, 2026
Price reduced
$255,000 $260,000 ↓ $5,000
Sep 25, 2026
Price reduced
$245,000 $255,000 ↓ $10,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 867
Stories 1
Year Built 1986
Property Type Condominium
Subdivision Mccarran Knolls Condominiums
APN 004-052-08
Parking
Total Parking 2
Parking Features Carport
Exterior & Lot
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool In Ground
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $726
HOA Fee $260 / Monthly
HOA / Community McCarran Knolls Condominiums
Schools
Elementary School Allen
Middle School Traner
High School Hug
HOA & Community
Community Amenities Landscaping, Pool
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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 – $1,300/yr
about $92/mo
Est. Rebuild Cost (Coverage A)
$260,100

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

$1,652 per month
Principal & interest
$1,239/mo
Property taxes
$61/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$260/mo
From MLS listing data.
Home insurance
$92/mo
Estimated ~$900–$1,300/yr — get a local broker quote for accuracy.
Down payment
20% ($49,000)
Home price
$245,000
Loan details
30-yr fixed, 6.5%
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