$250,000 $262,000 ↓ $12,000 reduced Active Under Contract
4616 Rio Poco Road
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.5 Baths
·
750 Sq Ft
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About This Property

Why keep paying rent when you could start building equity? This is the perfect opportunity for a first-time home buyer, downsizer, or anyone looking for an affordable home in one of Reno's most convenient locations. Enjoy the benefits of homeownership without the maintenance. Located in the desirable Donner Creek community, this well-maintained condo offers a low-maintenance lifestyle with outstanding HOA amenities that add everyday value. Residents enjoy a community pool, tennis courts, beautifully maintained green spaces, water, trash service, cable, internet, snow removal, and full landscape maintenance, giving you more time to enjoy life and less time worrying about upkeep. Conveniently located just minutes from shopping, restaurants, parks, and freeway access, you'll have everything you need close to home while enjoying the peaceful setting and mature trees that make Donner Creek such a desirable place to live. Whether you're purchasing your very first home, looking to simplify your lifestyle, or searching for a smart investment opportunity, this property offers an incredible combination of affordability, convenience, and value. Don't miss your chance to get into the Reno housing market and start investing in your future!

Listed by Jeniffer Lair — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 260008873
Days on Market 45
Price/Sq Ft $333

Property History

Jul 11, 2026
Listed for sale
$262,000
Aug 01, 2026
Price reduced
$250,000 $262,000 ↓ $12,000
Aug 20, 2026
Pending
$250,000
Property Overview
Beds 1
Baths 1.5
Sq. Ft. 750
Stories 2
Year Built 1982
Property Type Condominium
Subdivision Donner Creek Village
STR Jurisdiction Washoe County
APN 021-521-18
Parking
Total Parking 1
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Frame, HardiPlank Type
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,064
HOA Fee $445 / Monthly
HOA / Community Donner Creek Village
Schools
Elementary School Donner Springs
Middle School Vaughn
High School Wooster
HOA & Community
Community Amenities Landscaping, 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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($50,000)
Home price
$250,000
Loan details
30-yr fixed, 6.5%
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