$404,950
$420,000
↓ $15,050 reduced
Active
900 S South Meadows Parkway #APT 2122
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.0
Baths
·
1,127
Sq Ft
About This Property
INVESTOR ALERT! Tenant-occupied property. This is an exceptional investment opportunity with a strong rental history, including appeal to traveling nurses and other short-term professionals. The property is currently rented through the end of March, providing immediate income potential. Ideally situated just steps from the pool and a beautiful koi pond, this home offers a private, peaceful setting with relaxing views and a serene atmosphere. Whether you're looking to expand your investment portfolio, or enjoy a low-maintenance residence, this property combines convenience, comfort, and income-producing potential in a highly desirable location.
Listed by Michael McNamara — Keller Williams Group One Inc.
Listing Details
Status
Active
MLS #
260005975
Days on Market
91
Price/Sq Ft
$359
Property History
May 13, 2026
Listed for sale
$404,950
Jul 16, 2026
Price changed
$404,950
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,127
Lot Size
0.01 acres
Stories
2
Year Built
1999
Property Type
Condominium
Subdivision
Tanamera Phase 1
STR Jurisdiction
Washoe County
APN
160-922-07
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Balcony, Rain Gutters, None
Lot Features
Level, Sprinklers In Front, Sprinklers In Rear
Construction
Stucco
Roof
Tile
Foundation
Slab
Pool & Spa
Pool
Fenced, Heated, In Ground, Outdoor Pool, Pool/Spa Combo
Utilities & Systems
Heating
Natural Gas
Cooling
Central Air
Financial
Annual Tax
$2,474
HOA Fee
$440 / Monthly
HOA / Community
Tanamera Condominiums
Schools
Elementary School
Double Diamond
Middle School
Depoali
High School
Damonte
HOA & Community
Community Amenities
Barbecue, Clubhouse, Fitness Center, Gated, Landscaping, Management, Parking, Pool, Racquetball, Recreation Room, Sauna, Security
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% ($80,990)
Home price
$404,950
Loan details
30-yr fixed, 6.5%
