$679,900 Active Under Contract
1340 Jones Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,785 Sq Ft

About This Property

Stunning One of A Kind River Front Property! Welcome to this stunning tri-level condo nestled along the iconic Truckee River, offering breathtaking river and mountain views from multiple levels. This beautifully remodeled 2-bedroom, 2.5-bathroom home spans 1,479 sq. ft. and showcases thoughtful upgrades throughout. The primary suite is a true retreat, featuring panoramic views and a private covered deck perfect for morning coffee or unwinding while listening to the river. The secondary bedroom also offers its own en-suite bathroom, providing comfort and privacy for family or guests. Inside, the home has been completely updated with all-new cabinetry, appliances, flooring, paint, and windows. You'll also love the bonus room, ideal for an additional family room, game room, office, or flexible space to suit your lifestyle. A beautifully updated fireplace adds warmth and charm for those cozy Northern Nevada days. Storage is abundant throughout, ensuring everything has its place. Located within a gated community, residents can also enjoy a refreshing community pool during warm summer months. Don't miss your opportunity to live right along the famous Truckee River — just minutes from downtown, nearby parks, and countless local amenities. This is riverfront living at its finest!

Listed by Samantha Mendoza — RE/MAX Professionals-Reno

Listing Details

Status Active Under Contract
MLS # 250058418
Days on Market 168
Price/Sq Ft $381

Property History

Nov 20, 2025
Listed for sale
$679,900
Current
Pending
$679,900
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,785
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Riverside Terrace Condominiums
APN 010-460-28
Parking
Total Parking 2
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features Balcony
View Park/Greenbelt, Trees/Woods
Roof Flat, Membrane
Foundation Crawl Space, Slab
Pool & Spa
Pool In Ground
Utilities & Systems
Heating Fireplace(s), Forced Air
Cooling Central Air
Water Source Truckee River
Financial
Annual Tax $1,637
HOA Fee $700 / Monthly
HOA / Community Riverside Terrace
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Gated, Management, Parking, Pool, Security
📊

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% ($135,980)
Home price
$679,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373