$285,000 Active Under Contract
585 Smithridge Park
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,220 Sq Ft

About This Property

This is one of the rare updated units in the community, giving you a level of comfort and move-in readiness that most buyers are still searching for. From the moment you walk in, you'll notice the difference — natural light, a clean and inviting layout, and finishes that make it feel like home right away. The living space is open and welcoming, perfect for unwinding at the end of the day or hosting without feeling crowded. The kitchen flows effortlessly into the main area, keeping everything connected — simple, functional, and exactly how people want to live today. Each bedroom offers space and flexibility, whether you need a home office, guest room, or just room to breathe. Step outside to your private patio — a quiet spot to start your mornings or reset in the evenings. And here's what really matters... Updated units in Smithridge don't sit long. Buyers know the difference, and they're willing to move quickly to secure something that doesn't need work. Located close to everything — shopping, dining, and quick freeway access — you get convenience without sacrificing that sense of home. If you've been waiting for something that feels right and doesn't come with a project attached... this is it. The only question is how long it will last.

Listed by Lee Stevens — Real Broker LLC

Listing Details

Status Active Under Contract
MLS # 260003779
Days on Market 36
Price/Sq Ft $234

Property History

Apr 02, 2026
Listed for sale
$285,000
Current
Pending
$285,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,220
Stories 2
Year Built 1970
Property Type Townhouse
Subdivision Smithridge Park Townhouses 4 Unit 1
APN 025-180-52
Parking
Total Parking 2
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Level
View Park/Greenbelt
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $822
HOA Fee $265 / Monthly
HOA / Community Smithridge Park Townhome
Schools
Elementary School Smithridge
Middle School Pine
High School Galena
HOA & Community
Community Amenities Parking
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($57,000)
Home price
$285,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373