$1,600 Active
2970 Tierra Verde
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
867 Sq Ft

About This Property

Great 2-bedroom, 1-bath condo in Northeast Reno with a convenient location just minutes from downtown, UNR, highways, shopping, and plenty of dining options. Inside, you'll find a refreshed kitchen with painted cabinets, a refrigerator for tenant use, and an open layout that flows into the dining and living areas. The living room features a cozy fireplace and sliding glass doors that open to a private balcony, bringing in lots of natural light. Luxury plank vinyl flooring runs throughout for a clean, modern look. The primary bedroom also has sliding glass doors to the balcony, making the space feel bright and open, while the second bedroom is comfortably sized. A washer and dryer are included for tenant use, and the bathroom offers a single vanity with storage and a shower-tub combination. Please note that pets are not permitted. Schedule a tour today and see everything this condo has to offer! Tenant Responsibilities & Fees Utilities: Tenants are responsible for all utilities. Garbage, Sewer, Water: 129 Power: tenants are responsible Rent: 1,600 Security Deposit: 1,700 One Time Administrative Fee: 195 All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260009028
Days on Market 1
Price/Sq Ft $2

Property History

Jul 15, 2026
Listed for sale
$1,600
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 867
Stories 1
Year Built 1984
Property Type Condominium
Subdivision Mccarran Knolls Condominiums
STR Jurisdiction Washoe County
APN 004-052-19
Parking
Total Parking 1
Parking Features Assigned, Carport, None
Exterior & Lot
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Financial
HOA Fee $250 / Monthly
Schools
Elementary School Allen
Middle School Traner
High School Hug
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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% ($320)
Home price
$1,600
Loan details
30-yr fixed, 6.5%
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