$375,000 $395,000 ↓ $20,000 reduced Active
50 N Sierra Street #STE 905
Reno, NV 89501

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STR Status Unknown
1 Beds
·
1.0 Baths
·
875 Sq Ft

Our data on this home

About This Property

Welcome home to the Palladio- downtown living at its finest! This north-facing 9th floor unit provides gorgeous views of Peavine Mountain and Downtown Reno boasting stainless steel appliances, quartz countertops, in unit washer/dryer, private balcony and luxurious bathroom. Unit also comes with assigned parking in the private garage and an assigned in building storage area. Community infinity pool with views of the Sierra Mountains and Truckee River are a perfect place to unwind. Short walk to numerous bars, restaurants and shops as well as Aces ballpark, Wingfield park and downtown casinos. Come check this one out today!

Listed by Ernie Pomin — Assist-2-Sell Buyers & Sellers

Listing Details

Status Active
MLS # 260004605
Days on Market 189
Price/Sq Ft $429

Property History

Apr 16, 2026
Listed for sale
$395,000
Aug 20, 2026
Price reduced
$375,000 $395,000 ↓ $20,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 875
Lot Size 0.02 acres
Stories 13
Year Built 2006
Property Type Condominium
Subdivision The Palladio
APN 011-529-05
Parking
Garage Spaces 1
Total Parking 1
Parking Features Alley Access, Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View City, Mountain(s)
Construction Concrete
Roof Metal, Pitched
Foundation Concrete Perimeter, Slab
Pool & Spa
Pool In Ground
Utilities & Systems
Heating Forced Air, Heat Pump
Cooling Central Air
Financial
Annual Tax $2,980
HOA Fee $614 / Monthly
HOA / Community The Palladio HOA
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Gated, Landscaping, Pool, Security, Spa/Hot Tub, Storage
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$900 – $1,300/yr
about $92/mo
Est. Rebuild Cost (Coverage A)
$262,500

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$2,850 per month
Principal & interest
$1,896/mo
Property taxes
$248/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$614/mo
From MLS listing data.
Home insurance
$92/mo
Estimated ~$900–$1,300/yr — get a local broker quote for accuracy.
Down payment
20% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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