$371,000 Active
450 N Arlington Avenue #UNIT 1207
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,189 Sq Ft

About This Property

Incredible Views from this 12th floor 2br 2ba Belvedere Condo. Spacious Great Room with stunning views from every window. There is a gas fireplace with elegant marble surround. The Beautiful kitchen has stainless steel appliances, custom light wood cabinets, granite counters, and a tiled kitchen floor. The primary bath has a Jetted soaking tub, tile tub surround and a custom granite double vanity. The Spacious Primary suite has a roomy walk in closet and of course there are the views! The secondary suite has a great walk in closet and close access to the 2nd bath. The second bath has a custom tiled shower, granite counter & tiled floors. Nice newer neutral upgraded carpet and pad in living room and both bedrooms. There are Hunter Douglas custom automatic blinds throughout. This beautiful condo has 9' ceilings and again the VIEWS are amazing. The condo has great storage with plenty of closets and cabinets. Enjoy the beautiful west mountain and city scenery of Reno from this beautiful penthouse condo. The prime downtown location enjoys a high walking rating. This condo is a perfect home away from home! Less than an hour from Palisades Tahoe, Northstar, Sugar Bowl, Mt Rose, Homewood, Heavenly, Lake Tahoe and a short 30 minute drive to Truckee. HOA includes most utilities. This is a secure building with a Fitness room, club house and secure underground parking. The couch, washer/dryer, refrigerator, secondary bedroom bed and night stands stay.

Listed by Janet Oliver — Assist-2-Sell Buyers & Sellers

Listing Details

Status Active
MLS # 250054913
Days on Market 260
Price/Sq Ft $312

Property History

Aug 22, 2025
Listed for sale
$371,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,189
Lot Size 0.03 acres
Stories 13
Year Built 2007
Property Type Condominium
Subdivision Belvedere Towers Phase Ii
APN 007-481-11
Parking
Garage Spaces 1
Total Parking 1
Parking Features Assigned, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
View City, Mountain(s)
Construction Fiber Cement, Stucco
Roof Flat
Foundation None
Pool & Spa
Pool No
Utilities & Systems
Heating Hot Water, Radiant, Wall Furnace
Cooling Central Air
Financial
Annual Tax $1,426
HOA Fee $1,267 / Monthly
HOA / Community First Service Residential
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Clubhouse, Elevator(s), Fitness Center, Maintenance, Maintenance Grounds, Maintenance Structure, Management, Parking, Recreation Room, Security
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($74,200)
Home price
$371,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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