$160,000 Active
2450 Lymbery Street
Reno, NV 89509

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STR Status Unknown
1.0 Baths
·
422 Sq Ft

Our data on this home

Home insurance $400 – $600/yr Standard homeowners policy

About This Property

Recently upgraded with nice tasteful laminate plank flooring, shows well. Studio condo is perfect for your income tax free NV residence . This lovely upper unit has High Ceilings and loads of sunshine. Very Central location close to the Peppermill. Easy walk to Virginia lake , shopping, stores, casino and bus line. Great investment opportunity as it's one of the most affordable units in Reno and current tenant would love to continue renting so also perfect for a 1031 Exchange. Complex has a pool and lawn for outdoor enjoyment, plus ample parking in back. Elevator so essentially no steps to climb. Hurry.

Listed by John Cook — Coldwell Banker Select Incline

Listing Details

Status Active
MLS # 260012866
Days on Market 15
Price/Sq Ft $379

Property History

Oct 07, 2026
Listed for sale
$160,000
Property Overview
Baths 1.0
Sq. Ft. 422
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Reno 2 Condominiums
APN 019-473-24
Parking
Total Parking 1
Parking Features Permit Required, Detached
Exterior & Lot
Exterior Features None
Lot Features Level
View City
Construction Block, Stucco, Unknown
Roof Composition, Pitched, Tile
Foundation None
Pool & Spa
Pool Fenced, Outdoor Pool, See Remarks
Utilities & Systems
Heating Electric
Financial
Annual Tax $473
HOA Fee $180 / Monthly
HOA / Community Lake Grove Condomiums
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Landscaping, Parking, Pool
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$400 – $600/yr
about $42/mo
Est. Rebuild Cost (Coverage A)
$126,600

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$1,070 per month
Principal & interest
$809/mo
Property taxes
$39/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$180/mo
From MLS listing data.
Home insurance
$42/mo
Estimated ~$400–$600/yr — get a local broker quote for accuracy.
Down payment
20% ($32,000)
Home price
$160,000
Loan details
30-yr fixed, 6.5%
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