$159,500
Active
4606 Neil Road #APT 197
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 first home/condominium for the new owner. The community features an outdoor swimming pool, tennis courts, and well-maintained landscaping. Just a short walk or bike ride to Meadowood Mall and many other services and restaurants. This one bed/one bath first-floor unit comes with a carport space, in addition to guest parking. The unit was fully remodeled just over 5 years ago and still looks in great shape. Finally a new LG Smart window AC unit was just installed. Call the Listing Agent to schedule your own private showing.
Listed by Thomas Myers III — Realty One Group Eminence
Listing Details
Status
Active
MLS #
260006735
Price/Sq Ft
$248
Property History
May 28, 2026
Listed for sale
$159,500
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
025-543-58
Parking
Total Parking
1
Parking Features
Carport, Detached
Exterior & Lot
Exterior Features
Tennis Court(s)
Lot Features
Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View
Mountain(s)
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$440
HOA Fee
$295 / Monthly
HOA / Community
Peckham Gardens
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Management, Parking, Pool, Spa/Hot Tub, 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% ($31,900)
Home price
$159,500
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
