$237,900
Active
4951 Neil Circle #3
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
882
Sq Ft
About This Property
The delight is in the details, living large in a small space. Every interior component has been upgraded/replaced in the last 30 days. The HOA just completed attractive new stucco siding and a new roof. Ultra affordable in a great location. Adjacent attached two car parking structure plus bonus exterior storage. Escrow is pre-opened. Call listing agent for details.
Listed by Tracy Tomlinson — Insight Realty
Listing Details
Status
Active
MLS #
260009298
Price/Sq Ft
$270
Property History
Jul 21, 2026
Listed for sale
$237,900
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
882
Stories
2
Year Built
1970
Property Type
Condominium
Subdivision
Smithridge Green 1
STR Jurisdiction
Washoe County
APN
025-112-07
Parking
Total Parking
1
Parking Features
Attached, Carport
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View
Trees/Woods
Construction
Stucco
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Baseboard, Electric, Natural Gas
Cooling
Electric, Wall/Window Unit(s)
Financial
Annual Tax
$677
HOA Fee
$324 / Monthly
HOA / Community
Smithridge Greens No. 1
Schools
Elementary School
Smithridge
Middle School
Vaughn
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Pool
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% ($47,580)
Home price
$237,900
Loan details
30-yr fixed, 6.5%
