$375,000 $400,000 ↓ $25,000 reduced Active
50 N Sierra Street #505
Reno, NV 89501

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

Our data on this home

Home insurance $900 – $1,300/yr Standard homeowners policy

About This Property

Light-Filled Downtown Living with Premium Upgrades. Enjoy easy downtown living in this bright home with high ceilings, a private balcony, new high-quality luxury vinyl flooring, and all appliances included. The open living area gives you room to relax or host friends, while this First Street-side location helps provide less road noise and an incredible city view. The bedroom is equipped with a electric blinds, wood slat panels, and flows smoothly to the bath, which offers a jetted tub and separate shower. Building amenities include a pool, spa, key-fob entry, onsite management, and designated parking space. Schedule your private showing today and ask your agent about the complete Features & Upgrades list available through the MLS.

Listed by Bradley Berger — eXp Realty, LLC

Listing Details

Status Active
MLS # 260009125
Days on Market 97
Price/Sq Ft $428

Property History

Jul 17, 2026
Listed for sale
$400,000
Oct 13, 2026
Price reduced
$375,000 $400,000 ↓ $25,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 876
Lot Size 0.02 acres
Stories 1
Year Built 2006
Property Type Condominium
Subdivision The Palladio
APN 011-525-05
Parking
Garage Spaces 1
Total Parking 1
Parking Features Permit Required, Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Landscaped, Level
View City, Mountain(s)
Construction Stucco
Roof Metal, Pitched
Foundation Slab
Pool & Spa
Pool In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air
Cooling Central Air
Water Source Truckee River
Financial
Annual Tax $2,603
HOA Fee $639 / Monthly
HOA / Community The Palladio
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Gated, Landscaping, Management, Parking, Pool, Spa/Hot Tub
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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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Home Insurance Estimate

Standard homeowners policy for this home

$900 – $1,300/yr
about $92/mo
Est. Rebuild Cost (Coverage A)
$262,800

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

$2,844 per month
Principal & interest
$1,896/mo
Property taxes
$217/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$639/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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