$205,000 Active
200 W 2nd Street #504
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1.0 Baths
·
385 Sq Ft
Virtual Tour

About This Property

Prime Downtown Reno Living at Riverwalk Condominiums! Experience effortless urban living in this light-filled studio condominium featuring an open, versatile floor plan designed for maximum efficiency. Enjoy stunning city vistas and views toward Greater Nevada Field right from your space. Located in the heart of Downtown Reno's vibrant Riverwalk District, you're steps from top dining, riverfront parks, coffee shops, and entertainment. Building amenities offer supreme comfort and convenience, including secure underground parking, a swimming pool, fitness center, and peaceful outdoor lounge areas. Whether you're seeking a low-maintenance primary residence, a flexible city crash pad, or a smart investment, this condo delivers location and lifestyle in one sleek package.

Listed by Jason Kirby — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260009843
Price/Sq Ft $532

Property History

Jul 31, 2026
Listed for sale
$205,000
Property Overview
Baths 1.0
Sq. Ft. 385
Lot Size 0.01 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Town Of Reno
STR Jurisdiction Washoe County
APN 011-493-29
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Other
View City
Construction Other
Roof Flat
Foundation Slab
Pool & Spa
Pool Heated, Outdoor Pool
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $711
HOA Fee $750 / Monthly
HOA / Community Riverwalk Condominiums
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Barbecue, Elevator(s), Fitness Center, 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% ($41,000)
Home price
$205,000
Loan details
30-yr fixed, 6.5%
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