$163,999 Active
2450 Lymbery Street #Unit 230
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1.0 Baths
·
409 Sq Ft
Virtual Tour

About This Property

Owner-User & Investor Opportunity in the Heart of Virginia Lake Welcome to 2450 Lymbery St, Unit 230 — a well-appointed, fully furnished 409 sq ft studio condo offering low-maintenance living in one of Reno's most desirable locations. This thoughtfully designed unit features an efficient open layout with 1 full bath, maximizing comfort and functionality. The spacious bathroom includes modern fixtures, and a large closet provides ample storage. Step outside to your private patio — ideal for morning coffee or evening relaxation. Being sold fully furnished, including furnishings and major appliances (refrigerator, electric range, dishwasher, and microwave), this property offers a true turnkey opportunity. Ideal for owner-occupants seeking a move-in-ready residence or investors looking for a low-maintenance rental. The unit is currently vacant and has been marketed for lease at 995/month on a 12-month term, offering strong rental potential. Residents enjoy access to community amenities, including a swimming pool, onsite laundry facility, and elevator access for added convenience. Located just moments from scenic Virginia Lake with nearby walking paths and outdoor recreation, and only minutes from shopping, dining, and local attractions, this studio offers an ideal combination of location, convenience, and income potential in the highly sought-after 89509 area.

Listed by Amber McDade — Realty Boulevard

Listing Details

Status Active
MLS # 260001925
Days on Market 80
Price/Sq Ft $401

Property History

Feb 20, 2026
Listed for sale
$163,999
Property Overview
Baths 1.0
Sq. Ft. 409
Stories 2
Year Built 1978
Property Type Condominium
Subdivision Reno 2 Condominiums
APN 019-472-31
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony, Built-in Barbecue
Lot Features Level, Other
View City
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool Fenced, Outdoor Pool
Utilities & Systems
Heating Electric
Cooling Electric
Financial
Annual Tax $421
HOA Fee $225 / Monthly
HOA / Community Reno II Condominium A
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Gated, Pool
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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% ($32,800)
Home price
$163,999
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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