$186,900 Active
450 N Arlington Avenue #715
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

Enjoy elevated downtown living from this beautifully positioned 7th-floor, one-bedroom, one-bath condominium at The Belvedere. Offering spectacular western views of the Sierra Nevada mountains and Reno skyline, this turnkey residence is ideal for those seeking a low-maintenance lifestyle in the heart of downtown Reno. The inviting living space features large aluminum windows with blinds in both the bedroom and living area, ceramic tile, luxury vinyl flooring, and granite countertops. The kitchen offers a convenient breakfast bar, an electric oven/stove, a refrigerator, a built-in microwave, and ample cabinetry. The Belvedere offers an array of amenities, including a fitness center, club room, rooftop pool and spa currently undergoing renovation (seller will pay off assessment at COE), and secure parking. The HOA provides an impressive list of included utilities and services, including water, electricity, heating, cooling, trash, building maintenance, and secure parking. This unit is being offered completely furnished, including kitchenware, accessories, and furnishings, making it truly move-in ready and ideal for a primary residence, second home, or convenient downtown retreat. Ideally located within walking distance of downtown dining, the Pioneer Center for the Performing Arts, Lawlor Events Center, Wingfield Park, Reno Aces Ballpark, the Truckee River, UNR, shopping, and everyday conveniences. Enjoy quick access to I-80, with Lake Tahoe, world-class skiing, hiking, and outdoor recreation just a short drive away. This is a wonderful opportunity to enjoy the energy and convenience of downtown Reno while taking in beautiful mountain and city views from your own 7th-floor retreat.

Listed by Laura Colpo — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260011059
Days on Market 1
Price/Sq Ft $344

Property History

Aug 26, 2026
Listed for sale
$186,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2025 $192,500 Isaac CondeClark Real Estate & Inv. Laura ColpoColdwell Banker Select Mt Rose

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
Beds 1
Baths 1.0
Sq. Ft. 544
Stories 14
Year Built 1974
Property Type Condominium
Subdivision Belvedere Towers Phase Ii
STR Jurisdiction Washoe County
APN 007-464-26
Parking
Garage Spaces 1
Total Parking 1
Parking Features Alley Access, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View City, Mountain(s), Valley
Construction Concrete, Unknown
Roof Flat
Foundation Concrete Perimeter
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $749
HOA Fee $587 / Monthly
HOA / Community First Service Residential
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Clubhouse, Elevator(s), Fitness Center, Pool, Security
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($37,380)
Home price
$186,900
Loan details
30-yr fixed, 6.5%
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