$225,000 Active Under Contract
450 N Arlington Avenue #402
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
538 Sq Ft

About This Property

________________________________________ Rare 4th-Floor Condo with Private Gated Patio Access - Downtown Reno Delightful 1 bedroom, 1 bath residence in the heart of downtown Reno offering a truly unique high-rise lifestyle. One of only eight 4th-floor units with sliding glass doors from both the living room and primary bedroom leading to a private gated patio — with direct access to the rooftop veranda, pool, spa, and BBQ lounge area. A rare and exceptional setup for effortless indoor-outdoor living. This turnkey unit features granite countertops, bamboo flooring throughout, and beautifully appointed furnishings included in the sale. A new in-unit stackable washer and dryer add convenience and privacy. Ideally located just minutes from the Truckee River, dining, entertainment, casinos, theaters, shopping, the airport, and year-round festivals. Perfect as a primary residence, second home, or rental investment — effortless downtown living at its best. Owners have access to: A Spacious Community Center, Movie/Media Room, Ping Pong& Pool Tables, Full kitchen for hosting events, Rooftop Veranda, pool, spa & BBQ lounge area. HOA covers A/C, electricity, water, trash, snow removal, building maintenance, assigned covered garage parking, 24-hour security, and secure FOB entry for building and garage.

Listed by Anthony Laurian — Coldwell Banker Select ZC

Listing Details

Status Active Under Contract
MLS # 260002219
Days on Market 68
Price/Sq Ft $418

Property History

Mar 01, 2026
Listed for sale
$225,000
Current
Pending
$225,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 538
Lot Size 2.00 acres
Stories 13
Year Built 1974
Property Type Condominium
Subdivision Belvedere Towers Phase I
APN 007-463-15
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Garage Door Opener, Heated Garage, Under Building
Attached Garage Yes
Exterior & Lot
Lot Features Common Area, Level, Sprinklers In Front, Sprinklers In Rear
View City
Construction Concrete, Fiber Cement, Stucco
Roof Composition
Foundation Concrete Perimeter, Slab
Utilities & Systems
Heating Electric
Cooling Central Air, Electric
Financial
Annual Tax $707
HOA Fee $581 / Monthly
HOA / Community Belvedere Towers Owners Association
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
HOA & Community
Community Amenities Clubhouse, Elevator(s), Fitness Center, Landscaping, Management, Parking, Pool, Recreation Room, Security, Spa/Hot Tub
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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% ($45,000)
Home price
$225,000
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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