$279,900 Active
255 N Sierra Street #UNIT 713
Reno, NV 89501

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STR Status Unknown
1.0 Baths
·
618 Sq Ft

Our data on this home

About This Property

Experience the best of downtown Reno living at The Montage! This stylish studio condominium offers the perfect combination of modern comfort, convenience, and vibrant city living. The thoughtfully designed interior features a contemporary kitchen, a spacious walk-in closet, a full size stackable washer and dryer, and a private patio overlooking the beautifully maintained common area. Residents enjoy an impressive collection of amenities, including an elegant lobby with welcoming staff, secured building access, a fully equipped fitness center, a peaceful recreation room, a media room, additional storage (available), and assigned parking. With many utilities included in the HOA due, this is an excellent opportunity for a primary residence, downtown retreat, or investment property. Located in the heart of Reno, you're just just steps away from restaurants, entertainment, shopping, and everything downtown has to offer. Enjoy the energy of the city with the comfort of having your own private retreat at The Montage!

Listed by Robert Bartshe — RE/MAX Professionals-Carson

Listing Details

Status Active
MLS # 260012953
Days on Market 13
Price/Sq Ft $453

Property History

Oct 09, 2026
Listed for sale
$279,900
Property Overview
Baths 1.0
Sq. Ft. 618
Lot Size 0.01 acres
Stories 24
Year Built 1978
Property Type Condominium
Subdivision The Montage Phase 1
APN 011-550-13
Parking
Total Parking 1
Parking Features Carport, Under Building
Exterior & Lot
Exterior Features Built-in Barbecue
Lot Features Level
View Mountain(s)
Construction Fiber Cement
Roof Flat
Foundation Slab
Utilities & Systems
Heating Natural Gas
Cooling Central Air, Electric, Heat Pump
Financial
Annual Tax $1,963
HOA Fee $441 / Monthly
HOA / Community The Montage
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Barbecue, Elevator(s), Fitness Center, Landscaping, Management, Parking, Pool, Recreation Room, Spa/Hot Tub
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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

$600 – $900/yr
about $62/mo
Est. Rebuild Cost (Coverage A)
$185,400

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

$2,083 per month
Principal & interest
$1,415/mo
Property taxes
$164/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$441/mo
From MLS listing data.
Home insurance
$63/mo
Estimated ~$600–$900/yr — get a local broker quote for accuracy.
Down payment
20% ($55,980)
Home price
$279,900
Loan details
30-yr fixed, 6.5%
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