$225,000
Active Under Contract
1551 Delucchi Lane #F
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
860
Sq Ft
About This Property
Take advantage of this opportunity to own this condo as a first time buyer or investor. Upper level condo without connecting to a neighboring property, tile and vinyl flooring, washer/dryers, balcony, within walking distance to Meadowood Mall, shopping, on bus line, restaurants, in an ideal location. This condo is bedroom, in great condition, all you need to do is just move in. Some pictures are virtually staged.
Listed by David Graham — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active Under Contract
MLS #
260003644
Days on Market
38
Price/Sq Ft
$262
Property History
Mar 31, 2026
Listed for sale
$225,000
Current
Pending
$225,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
860
Stories
1
Year Built
1979
Property Type
Condominium
Subdivision
Neil Manor Condominiums
APN
025-204-20
Parking
Total Parking
1
Parking Features
Carport, Detached
Exterior & Lot
Exterior Features
Balcony, Tennis Court(s)
Lot Features
Level
Roof
Composition
Foundation
None
Pool & Spa
Pool
In Ground, Outdoor Pool
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$650
HOA Fee
$300 / Monthly
HOA / Community
Meadowood Manor
Schools
Elementary School
Donner Springs
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Clubhouse, Management, Parking, Pool, Tennis Court(s)
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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
