$219,500 Active
200 W 2nd Street #502
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
770 Sq Ft
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About This Property

Priced to Sell!!!! Welcome to the urban retreat of 200 W 2nd St #502, Reno, NV, 89501 - a perfect fusion of convenience and comfort for first-time homebuyers, savvy investors, or those seeking a chic downtown crash pad. This 1-bedroom, 1 bathroom unit boasts a freshly painted interior and plush new carpeting, presenting an inviting canvas ready for your personal touch. Nestled in the vibrant Riverwalk Towers, this residence exudes move-in readiness, with all appliances included and an expansive walk-in closet to store your essentials. Laundry is a breeze with in-unit washer & dryer, ensuring your urban lifestyle remains as seamless as possible. Step outside and immerse yourself in Reno's bustling downtown scene. With proximity to scenic walking trails along the Truckee River, your daily routine could start with a serene jog or an evening stroll. Culinary delights await, as you're surrounded by excellent dining options and just across from the West St Market and the inviting Archive Wine Bar. Culture enthusiasts will relish the close museums, performing arts venues, and electrifying entertainment and casinos that Reno is famous for. Residing in Riverwalk Towers means indulging in top-notch amenities; including an updated gym, business center, a refreshing pool, soothing hot tub, as well as the convenience of your own parking space and storage unit. Envision life amid the lovely downtown views of Reno's twinkling lights. This is more than just a place to call home—it's a lifestyle.

Listed by Samantha Reveley — Dickson Realty - Downtown

Listing Details

Status Active
MLS # 250058780
Days on Market 155
Price/Sq Ft $285

Property History

Dec 04, 2025
Listed for sale
$219,500
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 770
Stories 14
Year Built 1978
Property Type Condominium
Subdivision Riverwalk Condominiums
APN 011-493-27
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
View City, Park/Greenbelt, Peek
Construction Concrete, Steel Frame, Other
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Water Source Truckee River
Financial
Annual Tax $1,464
HOA Fee $824 / Monthly
HOA / Community Riverwalk Condominiums
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Fitness Center, Parking, Pool, Spa/Hot Tub, 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($43,900)
Home price
$219,500
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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