$309,000 Active Under Contract
312 Smithridge Park
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,220 Sq Ft

About This Property

This unit is perfect for first time buyers or investors. This is a bright and inviting corner unit. The combined living room and dining area includes a cozy fireplace and easy access to a private patio. Perfect for relaxing and entertaining. Patio includes a storage closet. The kitchen has granite counters. Both bedrooms are good sizes, with ceiling fans and natural light. The upstairs has a new vanity with granite counter. There are two covered parking spaces just beyond the patio. The unit is conveniently located near shops, dining and commuter routes. A great opportunity of low maintenance living in a well-kept community.

Listed by Sarah Carrasco — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260002667
Days on Market 58
Price/Sq Ft $253

Property History

Mar 11, 2026
Listed for sale
$309,000
Current
Pending
$309,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,220
Stories 2
Year Built 1970
Property Type Condominium
Subdivision Smithridge Park Townhouses 3 Unit 1
APN 025-120-17
Parking
Total Parking 2
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
Construction Brick
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $785
HOA Fee $260 / Monthly
HOA / Community Townhouse Greens
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping, Management
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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% ($61,800)
Home price
$309,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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