$158,000 Active
450 N Arlington Avenue #UNIT 201
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1.0 Baths
·
287 Sq Ft

About This Property

Downtown Reno high rise condominium living at Belvedere Towers, where nearly every monthly utility is included. This second story end unit studio offers 1 bath and 287 square feet with fresh paint and flooring throughout, stainless steel appliances, and oversized windows framing west facing mountain views. In unit stackable laundry adds everyday convenience. Association dues cover heating, cooling, electricity, water, sewer, trash, insurance, snow removal, building maintenance, assigned covered garage parking and 24 hour security with secure fob entry, making monthly expenses simple and predictable. Belvedere residents enjoy onsite HOA staff, a fitness center, community recreation room with full kitchen, billiards, theater room, additional storage and secure bike storage. The rooftop veranda, pool, spa, and BBQ area are currently under construction and will soon offer an upgraded outdoor living experience for residents. Ideally located near UNR, the Truckee River, Wingfield Park, Midtown, medical centers, restaurants, shopping, entertainment and downtown events with convenient freeway access. A great opportunity for a primary residence, second home or investment property in the heart of Reno.

Listed by Lam Nguyen — LPT Realty, LLC

Listing Details

Status Active
MLS # 260010531
Price/Sq Ft $551

Property History

Aug 14, 2026
Listed for sale
$158,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2024 $152,500 Diana RenfroeDickson Realty - Caughlin Lam NguyenLPT Realty, LLC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Baths 1.0
Sq. Ft. 287
Stories 1
Year Built 1974
Property Type Condominium
Subdivision Belvedere Towers Phase Ii
STR Jurisdiction Washoe County
APN 007-462-01
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level
View City, Mountain(s)
Construction Brick
Roof Flat
Foundation Slab
Utilities & Systems
Heating Forced Air, Wall Furnace
Cooling Central Air
Financial
Annual Tax $452
HOA Fee $273 / Monthly
HOA / Community Belvedere Towers O.A.
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Elevator(s), Fitness Center, Landscaping, Pool, Recreation Room, Security, Spa/Hot Tub, Storage
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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% ($31,600)
Home price
$158,000
Loan details
30-yr fixed, 6.5%
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