$285,000 Active
785 Kingston Lane #H
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
960 Sq Ft

About This Property

Welcome to this inviting 2-bedroom, 2-bath condo offering 960 square feet of comfortable living space. Located on the second level, this well-maintained home features a spacious front patio overlooking the beautifully landscaped greenbelt, an ideal spot to relax and enjoy the peaceful surroundings. Inside, custom built-in cabinetry adds both charm and functional storage throughout the home. The property also includes two covered carport parking spaces for added convenience. Ideally situated with easy freeway access and located on the bus line, commuting is a breeze while shopping, dining, and everyday amenities are just minutes away. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this condo offers comfort, convenience, and a desirable location.

Listed by Annette Junell — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260008252
Price/Sq Ft $297

Property History

Jun 26, 2026
Listed for sale
$285,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 960
Lot Size 0.01 acres
Stories 2
Year Built 1983
Property Type Condominium
Subdivision Waterford Park 1
STR Jurisdiction Washoe County
APN 164-142-05
Parking
Total Parking 2
Parking Features Additional Parking, Carport, Detached
Exterior & Lot
Exterior Features Balcony
Lot Features Level
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Electric
Cooling Central Air
Financial
Annual Tax $795
HOA Fee $435 / Monthly
HOA / Community Waterford Condo Assoc
Schools
Elementary School Donner Springs
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Landscaping, Management, Parking, Pool, Storage
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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 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% ($57,000)
Home price
$285,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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