$188,000
Active
2385 Tripp Drive # 1
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.0
Baths
·
919
Sq Ft
About This Property
Welcome to 2385 Tripp Dr, Unit 1 — a turnkey investment opportunity in a convenient North Reno location! This tenant-occupied property offers immediate rental income, making it an ideal addition to any investor's portfolio. The unit features a functional layout with a spacious living area, well-equipped kitchen, and comfortable bedrooms designed for long-term tenant appeal. Located just minutes from UNR, downtown Reno, shopping, dining, and major commuter routes, this property benefits from strong rental demand and consistent occupancy potential.
Listed by Isidro Luna — Reno Tahoe Home Group
Listing Details
Status
Active
MLS #
260003156
Days on Market
51
Price/Sq Ft
$205
Property History
Mar 20, 2026
Listed for sale
$188,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
919
Stories
2
Year Built
1983
Property Type
Condominium
Subdivision
Whispering Springs Condominiums
APN
004-284-09
Parking
Total Parking
2
Parking Features
Detached
Exterior & Lot
Exterior Features
None
Lot Features
Level
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Electric
Financial
Annual Tax
$263
HOA Fee
$391 / Monthly
HOA / Community
Reno Property Management
Schools
Elementary School
Cannan
Middle School
Traner
High School
Hug
HOA & Community
Community Amenities
None
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% ($37,600)
Home price
$188,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
