$360,000 Active
4507 Kathleen Denise Lane
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,160 Sq Ft
Virtual Tour

About This Property

Looking for low maintenance living with a view? This beautifully maintained Townhome Condo offers the perfect blend of privacy, convenience, and spectacular mountain and sunset views. Relax on your private west facing balcony and enjoy the stunning scenery year round. Features include a two car tandem garage, refrigerator, washer and dryer included, and brand new carpet throughout. Ideally located with easy access to shopping, restaurants, parks, mountain biking and hiking trails, the Great Reno Balloon Race, and the University. A fantastic opportunity to enjoy a low maintenance lifestyle in a desirable location.

Listed by Lori Gemme — NVG Properties LLC

Listing Details

Status Active
MLS # 260007237
Price/Sq Ft $310

Property History

Jun 06, 2026
Listed for sale
$360,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,160
Lot Size 0.02 acres
Stories 2
Year Built 2005
Property Type Condominium
Subdivision Rancho San Rafael Townhomes Phase 1 Unit 2
STR Jurisdiction Washoe County
APN 003-740-17
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Tandem, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View Mountain(s), Park/Greenbelt, Valley
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,729
HOA Fee $210 / Monthly
HOA / Community Rancho San Rafael Townhomes II
Schools
Elementary School Elmcrest
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities Landscaping
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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% ($72,000)
Home price
$360,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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