$159,900 Active
4608 Neil Road #215
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

**Drastic price reduction for quick sale**This beautiful ground-floor home has been fully remodeled and features a brand-new kitchen with granite countertops. Laminate flooring runs throughout the entire home, adding a modern and cohesive look. Centrally located near bus lines and shopping, it offers exceptional convenience. Perfect as a second home or for full-time living.

Listed by Vazquez-Biglieri — Reno Sparks Realty, LLC

Listing Details

Status Active
MLS # 260000463
Days on Market 113
Price/Sq Ft $248

Property History

Jan 14, 2026
Listed for sale
$159,900
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 644
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Peckham Gardens
APN 025-541-63
Parking
Total Parking 1
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features None
Lot Features Common Area
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Wall/Window Unit(s)
Financial
Annual Tax $353
HOA Fee $295 / Monthly
HOA / Community Peckham Gardens
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping, Pool, Tennis Court(s)
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($31,980)
Home price
$159,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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