$145,000
Active
4602 Neil Road #APT 61
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
644
Sq Ft
About This Property
Great value at 4602 Neil Road! This accessible ground-level 1-bed, 1-bath condo features 644 sq ft of living space with durable plank flooring and a private covered patio. The kitchen comes equipped with a refrigerator, dishwasher, oven, and pantry. Centrally located in the complex, close to laundry, pool, assigned parking spot, and guest parking. Enjoy the fantastic amenities of the Peckham Gardens community, featuring a pool, and tennis courts. For added convenience, the HOA covers water, trash, snow removal, and includes one assigned covered carport space. Close to the mall, restaurants and entertainment. Vacant and easy to show!
Listed by Ethan Simkins — eXp Realty, LLC
Listing Details
Status
Active
MLS #
260006765
Price/Sq Ft
$225
Property History
May 28, 2026
Listed for sale
$145,000
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
644
Stories
1
Year Built
1978
Property Type
Condominium
Subdivision
Peckham Gardens
STR Jurisdiction
Washoe County
APN
025-541-28
Parking
Total Parking
1
Parking Features
Carport
Exterior & Lot
Exterior Features
None
Lot Features
Level
Roof
Composition
Foundation
Slab
Utilities & Systems
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$474
HOA Fee
$295 / Monthly
HOA / Community
Peckham Gardens HOA
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Management, Parking, Pool, Tennis Court(s)
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% ($29,000)
Home price
$145,000
Loan details
30-yr fixed, 6.5%
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