$280,000
Active
5 Smithridge Park
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.5
Baths
·
1,040
Sq Ft
About This Property
Great opportunity for investors or buyers looking for a property ready to move in. This townhouse offers a functional layout, comfortable living space, and the chance to add value through improvements and updates. Located in a convenient area with access to nearby amenities, transportation, and everyday essentials. Whether you're looking to expand your rental portfolio, secure a long-term hold, or take on a value-add project, this property presents an excellent opportunity. Bring your vision and unlock the potential of this South Reno townhouse.
Listed by Christopher Longnecker — eXp Realty, LLC
Listing Details
Status
Active
MLS #
260008198
Price/Sq Ft
$269
Property History
Jun 26, 2026
Listed for sale
$280,000
Property Overview
Beds
2
Baths
1.5
Sq. Ft.
1,040
Stories
2
Year Built
1965
Property Type
Townhouse
Subdivision
Smithridge Park Townhouses 1
STR Jurisdiction
Washoe County
APN
025-220-05
Parking
Total Parking
2
Parking Features
Alley Access, Carport, Detached
Exterior & Lot
Exterior Features
None
Lot Features
Level
Construction
Brick, Concrete
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Natural Gas
Financial
Annual Tax
$504
HOA Fee
$240 / Monthly
HOA / Community
Smithridge Park Townhouse Association, Inc
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Galena
HOA & Community
Community Amenities
Management, 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% ($56,000)
Home price
$280,000
Loan details
30-yr fixed, 6.5%
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