$315,000 $325,000 ↓ $10,000 reduced Active
50 N Sierra Street #STE 1006
Reno, NV 89501

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STR Status Unknown
1 Beds
·
1.0 Baths
·
762 Sq Ft
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Our data on this home

About This Property

Welcome to 50 N Sierra St #1006, a light-filled downtown residence with high ceilings, an open living area, and views toward Peavine. This one-bedroom home features black granite countertops, included appliances, and a bedroom that connects conveniently to a bathroom with a jetted tub and separate shower. The First Street-side location offers a central setting with a city outlook, while building amenities include a pool, spa, key-fob entry, onsite management, and a designated parking space. Enjoy convenient access to downtown dining, shopping, entertainment, and everyday services. Mortgage savings may be available for buyer's of this listing. See associated docs.

Listed by Jaime Moore — Redfin

Listing Details

Status Active
MLS # 260010517
Days on Market 69
Price/Sq Ft $413

Property History

Aug 14, 2026
Listed for sale
$325,000
Sep 17, 2026
Price reduced
$315,000 $325,000 ↓ $10,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 762
Lot Size 0.02 acres
Stories 1
Year Built 2006
Property Type Condominium
Subdivision The Palladio
APN 011-530-06
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Construction Other
Roof Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $2,238
HOA Fee $540 / Monthly
HOA / Community The Palladio
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Parking, 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
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$800 – $1,100/yr
about $79/mo
Est. Rebuild Cost (Coverage A)
$228,600

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

$2,399 per month
Principal & interest
$1,593/mo
Property taxes
$187/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$540/mo
From MLS listing data.
Home insurance
$79/mo
Estimated ~$800–$1,100/yr — get a local broker quote for accuracy.
Down payment
20% ($63,000)
Home price
$315,000
Loan details
30-yr fixed, 6.5%
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