$399,000 Active
200 W 2nd Street #1406
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
·
1,480 Sq Ft

About This Property

Experience elevated urban living in the heart of Downtown Reno. This beautifully updated 2-bedroom, 2.5 bath residence offers a functional and thoughtfully designed layout featuring two spacious en-suite bedrooms that provide comfort, privacy, and flexibility. The modernized kitchen boasts stylish finishes and ample workspace, seamlessly connecting to the main living area, perfect for both everyday living and entertaining. Floor to ceiling views showcase the energy of the city and surrounding landscape, creating a stunning backdrop from sunrise to sunset. Conveniently located just steps from Reno's best dining, entertainment, shopping, and events, this is downtown living at its finest.

Listed by Christian Reviglio — Opal Real Estate Advisors

Listing Details

Status Active
MLS # 260008075
Price/Sq Ft $270

Property History

Jun 24, 2026
Listed for sale
$399,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,480
Lot Size 0.03 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Town Of Reno
STR Jurisdiction Washoe County
APN 011-496-14
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View City, Mountain(s)
Construction Concrete, Steel Frame
Foundation Concrete Perimeter
Pool & Spa
Pool Outdoor Pool
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $1,892
HOA Fee $1,139 / Monthly
HOA / Community Riverwalk Towers
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Barbecue, Elevator(s), Fitness Center, Gated, Parking, Pool, Security, Spa/Hot Tub, Storage
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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