$305,000 Active
227 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
Virtual Tour

About This Property

Centrally Located Town-home in Reno with a Park like setting! Updated 2 bedroom 1.5 bath unit with an attached 2 carport, 1 side covered. This unit has been updated with new stove/oven range, microwave, additional kitchen features includes a pantry for extra storage, added breakfast bar and sunny window over looking the grassy common space. New interior paint and water resistant vinyl plank flooring through out living space with high end carpet on stairs. Full bath has been remodeled with updated vinyl water proof flooring, new toilet, new shower/tub enclosure and granite countertop vanity with amble storage. This town-home has additional custom features like crown molding, new baseboard, vinyl shutters, new water heater and closet organizers. A turn key unit with a private enclosed patio for outdoor enjoyment. A must see!

Listed by Terri Cole — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260003757
Days on Market 42
Price/Sq Ft $250

Property History

Apr 01, 2026
Listed for sale
$305,000
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
APN 025-091-13
Parking
Total Parking 2
Parking Features Attached, Carport
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front
View Park/Greenbelt
Construction Insulation - Batts
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $871
HOA Fee $332 / Monthly
HOA / Community Pecham Lane Townhouse
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping
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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% ($61,000)
Home price
$305,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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