$229,900 Active
5001 Catalina Drive #APT 1
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
810 Sq Ft

About This Property

Discover easy, low-maintenance living in this thoughtfully updated 2-bedroom, 1-bathroom condo located in the established Smithridge community. Just minutes drive to Meadowood Mall, Trader Joe's, and a variety of shops and dining options, this location offers everyday convenience right at your doorstep. Inside, the home features a clean, functional layout with stylish upgrades throughout. The kitchen is equipped with stainless steel appliances, granite countertops, blending practicality with a modern touch. An in-unit laundry area adds to the ease of daily living. Natural light fills the living spaces and both bedrooms, creating a bright and welcoming feel throughout. Well-maintained and move-in ready, this condo presents a great opportunity for a variety of buyers seeking comfort, convenience, and value in a central Reno location.

Listed by Kayla Dalton — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260003344
Days on Market 44
Price/Sq Ft $284

Property History

Mar 24, 2026
Listed for sale
$229,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 810
Stories 1
Year Built 1970
Property Type Condominium
Subdivision Smithridge Green 1
APN 025-111-41
Parking
Total Parking 1
Parking Features Attached, Carport, Under Building
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
Construction Stone Veneer
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $665
HOA Fee $324 / Monthly
HOA / Community Smithridge Greens 1
Schools
Elementary School Smithridge
Middle School Pine
High School Galena
HOA & Community
Community Amenities Landscaping, 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% ($45,980)
Home price
$229,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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