$149,000 Active
4608 Neil Road #245
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

Freshly updated and move-in ready, this charming Peckham Gardens condominium offers comfortable living in one of Reno's most convenient locations. Recent updates include fresh interior paint throughout and new flooring in the main living areas, creating a bright, clean, and welcoming atmosphere. The functional floor plan features a bright living area, dedicated dining space, and a spacious bedroom that provides a comfortable retreat. Natural light fills the home, creating a warm and inviting atmosphere. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this property offers affordability and low-maintenance living. Enjoy the community's amenities, including a pool, clubhouse, tennis courts, and beautifully maintained grounds. Conveniently located near shopping, restaurants, parks, public transportation, and major commuter routes, you'll appreciate having everything you need just minutes away. This is an excellent opportunity to own a freshly refreshed home in a central Reno location with easy access to all the city's amenities.

Listed by Staci Nauman — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260007487
Days on Market 1
Price/Sq Ft $231

Property History

Jun 11, 2026
Listed for sale
$149,000
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 025-541-52
Parking
Total Parking 1
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Electric
Cooling Wall/Window Unit(s)
Financial
Annual Tax $1,525
HOA Fee $295 / Monthly
HOA / Community Peckham Gardens
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Clubhouse, Landscaping, Management, Parking, 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
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% ($29,800)
Home price
$149,000
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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