$229,000 Active
2980 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

Charming 2-bedroom, 1-bath condominium ideally located near the University of Nevada, Reno, offering a fantastic opportunity for investors or owner-occupants alike. This low-maintenance unit features durable vinyl plank and tile flooring throughout, providing both style and ease of upkeep. The functional layout maximizes space and comfort, making it perfect for student housing, rental income, or a primary residence. The unit comes complete with a washer, dryer, and refrigerator, adding convenience and immediate move-in or rental readiness. Enjoy community amenities including a refreshing HOA-maintained pool, perfect for relaxing during warmer months. Conveniently situated with quick access to Interstate 580, this property offers easy commuting and close proximity to shopping, dining, and campus life. Whether you're looking to expand your investment portfolio or secure a centrally located home, this condo checks all the boxes!

Listed by Skylar Mattison — eXp Realty, LLC

Listing Details

Status Active
MLS # 260003123
Days on Market 52
Price/Sq Ft $264

Property History

Mar 19, 2026
Listed for sale
$229,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 867
Stories 1
Year Built 1984
Property Type Condominium
Subdivision Mccarran Knolls Condominiums
APN 004-051-22
Parking
Total Parking 2
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $586
HOA Fee $330 / Monthly
HOA / Community McCarran Knolls HOA
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Parking, Pool
📊

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% ($45,800)
Home price
$229,000
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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