$225,000
Active
650 Jamaica Avenue #4
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
798
Sq Ft
About This Property
Open House 9/13 from 10AM-12PM! Brand new stainless steel appliances! Welcome to 650 Jamaica, a conveniently located 2-bedroom, 1-bathroom condo in Reno! Situated just off N McCarran Blvd and Neil Road, this home offers easy access to I-395 and is minutes from Midtown, Downtown Reno, shopping, dining, and schools. Enjoy the convenience of being close to all that central Reno has to offer while having a comfortable place to call home. Don't miss this opportunity to own in a convenient and well-connected location.
Listed by Haley Paulsen — Chase International-Damonte
Listing Details
Status
Active
MLS #
260011830
Days on Market
1
Price/Sq Ft
$282
Property History
Sep 12, 2026
Listed for sale
$225,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
798
Stories
1
Year Built
1970
Property Type
Condominium
Subdivision
Smithridge Green 1
STR Jurisdiction
Washoe County
APN
025-112-60
Parking
Total Parking
2
Parking Features
Detached
Exterior & Lot
Exterior Features
Balcony
Roof
Composition, Shingle
Foundation
Slab
Utilities & Systems
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$718
HOA Fee
$324 / Monthly
HOA / Community
Smithridge Greens
Schools
Elementary School
Smithridge
Middle School
Vaughn
High School
Damonte
HOA & Community
Community Amenities
Landscaping
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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
