$219,900 Active
223 Smithridge Park
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,220 Sq Ft

About This Property

Great opportunity for buyers or investors looking to build some sweat equity! Centrally located near shopping, restaurants and everyday conveniences, this townhome also offers easy freeway access for getting around town. This end-unit shares a wall with just one neighbor and features a comfortable floorplan with two generously sized bedrooms, a full bathroom and a convenient half bathroom for guests. The home is in need of updating and repairs, but offers plenty of potential for the right buyer to make improvements and add value. Priced well below other homes in the community, this could be a great opportunity for an investor, renovation project or buyer looking to create a space of their own.

Listed by Jack Cote — RE/MAX Gold

Listing Details

Status Active
MLS # 260011817
Days on Market 1
Price/Sq Ft $180

Property History

Sep 12, 2026
Listed for sale
$219,900
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,220
Stories 2
Year Built 1969
Property Type Townhouse
Subdivision Smithridge Park Townhouses 2 Addition
STR Jurisdiction Washoe County
APN 025-091-17
Parking
Total Parking 2
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Landscaped, Level, Sprinklers In Front
Construction Brick Veneer
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s)
Cooling Wall/Window Unit(s)
Financial
Annual Tax $2,015
HOA Fee $332 / Monthly
HOA / Community Peckham Lane Townhouses
Schools
Elementary School Smithridge
Middle School Vaughn
High School Damonte
HOA & Community
Community Amenities Landscaping, Parking
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($43,980)
Home price
$219,900
Loan details
30-yr fixed, 6.5%
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