$750,000 Active
50 N Sierra Street #STE 903
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2.0 Baths
·
1,364 Sq Ft

About This Property

You're standing by the window on the 9th floor, the Sierra Nevada mountains stretching in one direction and the city glowing in the other, and it hits you, this isn't just where you live... it's the life you've been working toward. Welcome to #903 at The Palladio. Mornings begin with sunlight filling this 2-bedroom, 2-bath, 1,364-square-foot residence as Reno wakes up below. Tile floors, neutral tones, and upgraded finishes create a calm, modern backdrop, while the kitchen, featuring granite countertops overlooking the living room and warm honey oak cabinets, becomes the heart of the home. Coffee tastes better when your view includes mountain peaks and a downtown skyline. Some days start with a river walk or a workout downstairs, others begin in the bonus room thoughtfully designed with custom-built office furniture, a space that makes working remotely feel intentional, creative, and inspired. Inside, the home is calm, elevated, and effortlessly livable. The layout flows, the light pours in, and the city noise fades the moment you step inside. A modern electric fireplace anchors the living space, making it the kind of place where you host friends before a night out, unwind after a long day, or simply sit still and watch the sky change colors over the mountains. At the end of the day, the primary suite feels like a private retreat, complete with a soaking tub and a standalone shower, designed for relaxation and reset. Living here means your lifestyle expands beyond your front door. A resort-style pool and spa for slow afternoons. An outdoor patio perfect for entertaining or quiet evenings. Overnight security, building maintenance, water, sewer, and trash handled — so your time stays yours. Step outside and downtown Reno becomes your backyard, fine dining, local breweries, wine walks, public art, live music, and year-round events just steps away. Holiday pub crawls, spontaneous dinners, last-minute plans that turn into unforgettable nights, this is a neighborhood that moves with energy and possibility. And yet, when the night winds down, you rise back above it all to your private retreat in the sky. This condo is more than a home. It's a balance of mountains and city, energy and calm, adventure and comfort. A place where your days feel fuller, your nights feel earned, and your life feels exactly where it should be. This is downtown living, elevated.

Listed by Brittany Smith — Real Broker LLC

Listing Details

Status Active
MLS # 260003945
Days on Market 35
Price/Sq Ft $550

Property History

Apr 04, 2026
Listed for sale
$750,000
Property Overview
Baths 2.0
Sq. Ft. 1,364
Lot Size 0.03 acres
Stories 1
Year Built 2006
Property Type Townhouse
Subdivision The Palladio
APN 011-529-03
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Concrete, Unknown
Roof Flat, Metal
Foundation Slab
Pool & Spa
Pool In Ground
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,418
HOA Fee $898
HOA / Community Associa North
Schools
Elementary School Hunter Lake
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Pool, Spa/Hot Tub, Storage
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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% ($150,000)
Home price
$750,000
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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