$1,500 Active
555 E Patriot Boulevard # 248
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
665 Sq Ft

About This Property

Located in one of the best spots within the beautifully landscaped Wood Chase condo community, this inviting 1-bedroom, 1-bath corner unit offers exceptional privacy, great natural light, and mountain views with no neighbors across from you—and none on one side where the bedroom is situated. The living area features cozy carpet, a decorative (non-functional) fireplace for added charm, and direct access to a private balcony—perfect for relaxing and enjoying the serene surroundings. The kitchen includes a breakfast bar, dining nook, laminate flooring, and ample cabinet space. The bathroom offers a shower/tub combo, a single vanity with generous storage, and an additional medicine cabinet. Enjoy community amenities like a pool and fitness facility, and take advantage of the home's convenient location near athletic clubs, shopping, dining, parks, trailheads, and golf courses. Commuters will love the easy access to highways and public transit. A refrigerator and washer/dryer are included for tenant use. One small pet considered with owner approval. Don't miss your chance to call this great unit home—schedule a showing today! Tenant Responsibilities & Fees Utilities: Tenants are responsible for all utilities. Garbage, Sewer, Water: 129 Power: tenants are responsible Rent: 1,500 Security Deposit: 1,600 One Time Administrative Fee: 195 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260010164
Days on Market 1
Price/Sq Ft $2

Property History

Aug 06, 2026
Listed for sale
$1,500
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 665
Lot Size 0.02 acres
Stories 2
Year Built 1986
Property Type Condominium
Subdivision Waterford Park 2
STR Jurisdiction Washoe County
APN 164-072-01
Parking
Total Parking 1
Utilities & Systems
Heating Forced Air
Cooling Central Air
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Pool
📊

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
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% ($300)
Home price
$1,500
Loan details
30-yr fixed, 6.5%
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