$325,000
Active
50 N Sierra Street #STE 1006
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
762
Sq Ft
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
Price/Sq Ft
$427
Property History
Aug 14, 2026
Listed for sale
$325,000
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
STR Jurisdiction
Washoe County
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
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% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
