$469,000
Active
1321 Jones Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.5
Baths
·
1,785
Sq Ft
About This Property
Enjoy the close proximity to the Truckee River and downtown Reno with its vibrant atmosphere, cultural attractions, recreational opportunities and wonderful restaurants. Lovely condo in a great location within a gated complex with coded entry. This bright, well-maintained home features neutral colors and LVP flooring. The kitchen overlooks the dining and family room, which opens to a private patio. Two bedrooms are on the second floor, each with its own bathroom and the washer and dryer are nearby. A third bedroom with new carpeting is located in the finished lower level basement; the basement's square footage and bedroom count are included in the totals. Private patio and gated pool.
Listed by Dee McNeely — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260003116
Days on Market
50
Price/Sq Ft
$263
Property History
Mar 19, 2026
Listed for sale
$469,000
Property Overview
Beds
3
Baths
2.5
Sq. Ft.
1,785
Stories
3
Year Built
1971
Property Type
Condominium
Subdivision
Riverside Terrace Condominiums
APN
010-460-04
Parking
Garage Spaces
1
Total Parking
3
Parking Features
Additional Parking, Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Level
View
Trees/Woods
Construction
Masonite
Roof
Flat
Foundation
Slab
Utilities & Systems
Heating
Natural Gas
Cooling
Central Air, Electric
Financial
Annual Tax
$1,676
HOA Fee
$700 / Monthly
HOA / Community
Riverside Terrace Condominiums
Schools
Elementary School
Hunter Lake
Middle School
Swope
High School
Reno
HOA & Community
Community Amenities
Gated, Landscaping, Parking, Pool
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% ($93,800)
Home price
$469,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
