$166,500
Active Under Contract
450 N Arlington Avenue #UNIT 502
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
·
544
Sq Ft
About This Property
Downtown living at Belvedere Towers! This 1 bedroom, 1 bath, 544 sq ft unit offers efficient urban living with secured building access and onsite management. Community amenities include a recreation room, fitness center, pool, and resident security. Located in the heart of downtown Reno with access to the Riverwalk, restaurants, UNR, and city events.
Listed by The Rasner Team — Reno/Tahoe Realty Group, LLC
Listing Details
Status
Active Under Contract
MLS #
260001392
Days on Market
92
Price/Sq Ft
$306
Property History
Feb 06, 2026
Listed for sale
$166,500
Current
Pending
$166,500
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
544
Stories
1
Year Built
1974
Property Type
Condominium
Subdivision
Belvedere Towers Phase Ii
APN
007-463-24
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Garage, Under Building
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
City
Construction
Concrete
Roof
Flat
Foundation
None
Utilities & Systems
Heating
Hot Water, Wall Furnace
Cooling
Central Air
Financial
Annual Tax
$1,529
HOA Fee
$587 / Monthly
HOA / Community
Belvedere Towers
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
Reno
HOA & Community
Community Amenities
Elevator(s), Fitness Center, Parking, Pool, Recreation Room, Security
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% ($33,300)
Home price
$166,500
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
