$344,000 Active
200 W 2nd Street #705
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,540 Sq Ft

About This Property

Stunning Downtown Reno Condo with Spectacular City Views from each master suite! Welcome to your urban oasis in the heart of downtown Reno at the Riverwalk Towers. Breathtaking city views from four separate balconies, just minutes away from the Truckee River, vibrant bars, restaurants, and a wealth of events. Enjoy the proximity to UNR, the Aces ballpark, and the renowned Art-town festival - all at your fingertips! Inside- cozy carpeting leads to a gourmet kitchen featuring cherry wood cabinetry, tile flooring, granite countertops, under cabinet lighting, and stainless steel appliances. Both spacious bedrooms are upstairs, each with their private bathroom for added comfort. The Riverwalk Towers also boasts fantastic amenities, including a refreshing pool, relaxing spa, full gym, conference room, and secured underground parking with your own designated space. Don't miss the chance to embrace urban living at its finest!

Listed by Riley Harrison — RE/MAX Prime Properties

Listing Details

Status Active
MLS # 260001435
Days on Market 90
Price/Sq Ft $223

Property History

Feb 21, 2026
Listed for sale
$344,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,540
Lot Size 0.04 acres
Stories 2
Year Built 1978
Property Type Condominium
Subdivision Riverwalk Condominiums
APN 011-494-16
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View City
Construction Stucco
Roof Flat
Foundation Slab
Pool & Spa
Pool Outdoor Pool, Pool/Spa Combo
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $1,952
HOA Fee $1,085 / Monthly
HOA / Community Riverwalk Towers
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Fitness Center, Gated, Parking, Pool, Security, Spa/Hot Tub
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STR Investment Analysis

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

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% ($68,800)
Home price
$344,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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