$190,000 Active
450 N Arlington Avenue #UNIT 602
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
543 Sq Ft

About This Property

Discover easy urban living at The Belvedere Towers, ideally situated in the center of downtown Reno. This 1-bed, 1-bath condo combines comfort and convenience with immediate access to the city's best dining, entertainment, and outdoor attractions. The HOA covers most utilities including—water, trash, electricity—as well as 24-hour security, parking, a fitness center, and use of the community lounge, complete with a pool table, ping pong, games, movie/media room and a full kitchen for hosting. Need extra room? Additional parking and storage are available for rent. The unit also features an in-home washer and dryer for maximum convenience. Enjoy the perfect blend of lifestyle and location. You'll be just a short stroll from restaurants, bars, live entertainment, the Truckee River, and countless downtown events. Don't miss the chance to own a move-in-ready condo right in the heart of the action!

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 250059021
Days on Market 106
Price/Sq Ft $350

Property History

Apr 29, 2026
Listed for sale
$190,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 543
Stories 12
Year Built 1974
Property Type Condominium
Subdivision Belvedere Towers Phase I
APN 007-464-02
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
View City
Construction Unknown
Foundation None
Pool & Spa
Pool No
Utilities & Systems
Heating Electric
Cooling Central Air
Financial
Annual Tax $748
HOA Fee $586 / Monthly
HOA / Community First Service Residential
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Barbecue, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Maintenance Grounds, Maintenance Structure, Management, Parking, Pool, Security, Spa/Hot Tub, Storage
📊

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% ($38,000)
Home price
$190,000
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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