$229,500 $232,500 ↓ $3,000 reduced Active
1557 Delucchi Lane #I # 135
Reno, NV 89502
STR Status Unknown
2 Beds
·
1.0 Baths
·
860 Sq Ft

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About This Property

Welcome Home! Limited time Buyer incentive of $3,000. for closing cost or rate buy down! Check out this 2-bedroom, 1-bath, Wooded setting in a Peaceful complex. Features: New Paint, New Water Heater, Stainless Steel Fridge Included, LVP flooring throughout, 2 generous-size bedrooms, updated bathroom, Washer & Dryer Included, community pool, Clubhouse, Tennis Courts, Covered Parking, HOA includes Water & Trash. Centrally located and next to Meadowood Mall. Special Low Down financing available! Special Low Down Financing Available! Come and see!

Listed by Lee Trefethen — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260011191
Days on Market 42
Price/Sq Ft $267

Property History

Aug 28, 2026
Listed for sale
$232,500
Sep 05, 2026
Pending
$232,500
Sep 09, 2026
Relisted
$232,500
Sep 30, 2026
Price reduced
$229,500 $232,500 ↓ $3,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 860
Lot Size 0.01 acres
Stories 1
Year Built 1979
Property Type Condominium
Subdivision Neil Manor Condominiums
APN 025-203-32
Parking
Total Parking 2
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Trees/Woods
Roof Pitched, Shingle
Foundation Slab
Pool & Spa
Pool Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $607
HOA Fee $300 / Monthly
HOA / Community Kenyon & Associates
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Clubhouse, Landscaping, Management, Parking, Pool, Tennis Court(s)
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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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

$1,603 per month
Principal & interest
$1,160/mo
Property taxes
$51/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$300/mo
From MLS listing data.
Home insurance
$92/mo
Estimated ~$900–$1,300/yr — get a local broker quote for accuracy.
Down payment
20% ($45,900)
Home price
$229,500
Loan details
30-yr fixed, 6.5%
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