$199,000
$209,000
↓ $10,000 reduced
Active
705 Jamaica Avenue #APT 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
Welcome to this inviting 2-bedroom, 1-bath condo in a convenient Reno location. This 798 sq ft second-floor unit offers a comfortable layout with a spacious living area, kitchen with breakfast bar, in-unit laundry, and a covered deck for enjoying the outdoors. Residents also enjoy access to a community pool and clubhouse, plus convenient carport parking. Located near shopping, dining, schools, and everyday amenities, this home offers an excellent opportunity for a first-time buyer or investor looking for a well-located Reno property. The portable electric A/C unit is included in the sale.
Listed by Lisa Williams — Berkshire Hathaway HomeService
Listing Details
Status
Active
MLS #
260011404
Days on Market
10
Price/Sq Ft
$249
Property History
Sep 03, 2026
Listed for sale
$209,000
Sep 11, 2026
Price reduced
$199,000
$209,000
↓
$10,000
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
025-112-32
Parking
Total Parking
1
Parking Features
Carport, None
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
Peek, Trees/Woods
Construction
Stucco
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Pool & Spa
Pool
Other
Utilities & Systems
Heating
Electric
Cooling
Electric
Financial
Annual Tax
$586
HOA Fee
$324 / Monthly
HOA / Community
Smithridge Green Unit 1
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Galena
HOA & Community
Community Amenities
Landscaping, Pool
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% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
