$329,900
Active
200 W 2nd Street #APT 505
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.0
Baths
·
1,176
Sq Ft
About This Property
PERFECT FOR AN INVESTMENT OPPORTUNITY OR PRIMARY RESIDENCE! Welcome to elevated downtown living from the 5th floor of Riverwalk Towers, where city lights and mountain views create the perfect Reno backdrop. This condo places you in the heart of vibrant downtown Reno, just moments from the Truckee River, local restaurants, entertainment, and nightlife. Enjoy the convenience of walkable urban living with the beauty of Northern Nevada right outside your window.
Listed by Claire Tulak — Compass
Listing Details
Status
Active
MLS #
260009051
Price/Sq Ft
$281
Property History
Jul 16, 2026
Listed for sale
$329,900
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,176
Lot Size
0.03 acres
Stories
1
Year Built
1978
Property Type
Condominium
Subdivision
Riverwalk Condominiums
STR Jurisdiction
Washoe County
APN
011-493-30
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Garage, Under Building
Attached Garage
Yes
Exterior & Lot
Exterior Features
Balcony, None
Lot Features
Common Area, Level
View
City, Mountain(s)
Construction
Stucco
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$1,780
HOA Fee
$950 / Monthly
HOA / Community
Homeowners Association of Western Nevada
Schools
Elementary School
Hunter Lake
Middle School
Swope
High School
Reno
HOA & Community
Community Amenities
Fitness Center, Pool, Security, Spa/Hot Tub
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% ($65,980)
Home price
$329,900
Loan details
30-yr fixed, 6.5%
