$225,000
Active
424 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
·
2.5
Baths
·
1,220
Sq Ft
About This Property
Bring your vision to this 2-bedroom, 2-bath condo in the centrally located Smithridge Park community. With a spacious layout, private fenced patio, and a peaceful greenbelt with mature landscaping just outside the front door, this home is ready for its next chapter. Two designated parking spaces, including one covered carport, provide added convenience, while the central location offers quick access to shopping, grocery stores, restaurants, and the freeway. An assumable VA loan may be available for qualified buyers, creating a unique financing opportunity. Property is being sold as-is.
Listed by Kylie Keenan — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260010097
Price/Sq Ft
$184
Property History
Aug 05, 2026
Listed for sale
$225,000
Property Overview
Beds
2
Baths
2.5
Sq. Ft.
1,220
Stories
2
Year Built
1970
Property Type
Townhouse
Subdivision
Smithridge Park Townhouses 3 Unit 4
STR Jurisdiction
Washoe County
APN
025-160-36
Parking
Total Parking
2
Parking Features
Attached, Carport
Exterior & Lot
Exterior Features
None
Lot Features
Rolling Slope
Construction
Unknown
Roof
Composition, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Electric
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$679
HOA Fee
$330 / Monthly
HOA / Community
Townhouse Greens
Schools
Elementary School
Smithridge
Middle School
Vaughn
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Management, Parking
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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
