$265,000 Active
555 E Patriot Boulevard # 298
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
856 Sq Ft

About This Property

Move-in ready 2-bedroom, 1-bath end-unit condo at 555 E Patriot Blvd, Unit 298, offering a comfortable layout and a convenient Reno location. This well-maintained home has been refreshed with brand-new flooring throughout, fresh interior paint, and a brand-new microwave, giving the space a clean, updated feel. The living area features a wood-burning fireplace, adding warmth and character, while the kitchen includes the refrigerator and the washer and dryer are also included for added convenience. As an end unit, this condo offers added privacy and is ready for its next owner to move right in. The HOA provides desirable community amenities including a swimming pool, clubhouse, dog run, and guest parking. Conveniently located near shopping, dining, schools, and everyday services, this updated condo is a great opportunity for anyone looking for an easy-to-maintain home in a well-located Reno community.

Listed by Brian Lessinger — RE/MAX Gold

Listing Details

Status Active
MLS # 260011351
Days on Market 11
Price/Sq Ft $310

Property History

Sep 02, 2026
Listed for sale
$265,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 856
Lot Size 0.02 acres
Stories 2
Year Built 1986
Property Type Condominium
Subdivision Waterford Park 2
STR Jurisdiction Washoe County
APN 164-072-26
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $741
HOA Fee $400 / Monthly
HOA / Community Woodchase
Schools
Elementary School Donner Springs
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Barbecue, Fitness Center, Landscaping, Management, Parking, Pool, Security, Spa/Hot Tub
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($53,000)
Home price
$265,000
Loan details
30-yr fixed, 6.5%
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