$375,000
Active Under Contract
1200 Riverside Drive #UNIT 1227
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.0
Baths
·
1,624
Sq Ft
About This Property
Set along the Truckee River, this home enjoys stunning river views that stretch across rolling lawn, a sparkling pool, mature trees, with snow-capped mountains in the distance. Bright and cheerful, the 1,624 sq. ft. interior is bathed in natural light thanks to oversized windows and high ceilings. The thoughtfully designed layout features custom built-ins, two primary suites, each with its own attached bathroom and generous closet space. The updated kitchen includes a breakfast bar, custom cabinetry, stone countertops, and appliances. Complete with washer and dryer, this home is truly move-in ready. Two assigned side-by-side parking spaces, and a storage closet are included.
Listed by Kathie Bartlett — Dickson Realty - Caughlin
Listing Details
Status
Active Under Contract
MLS #
260004440
Days on Market
23
Price/Sq Ft
$231
Property History
Apr 14, 2026
Listed for sale
$375,000
Current
Pending
$375,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,624
Lot Size
0.01 acres
Stories
1
Year Built
1972
Property Type
Condominium
Subdivision
1200 Riverside Drive
APN
010-471-17
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener, Under Building
Attached Garage
Yes
Exterior & Lot
Exterior Features
Built-in Barbecue
Lot Features
Landscaped, Level, Sprinklers In Front
View
City, Mountain(s), Park/Greenbelt, Trees/Woods
Construction
Concrete
Roof
Flat
Foundation
Slab
Utilities & Systems
Heating
Electric, Forced Air
Cooling
Central Air, Electric
Water Source
Truckee River
Financial
Annual Tax
$2,388
HOA Fee
$1,139
HOA / Community
1200 Riverside Dr
Schools
Elementary School
Hunter Lake
Middle School
Swope
High School
Reno
HOA & Community
Community Amenities
Barbecue, Elevator(s), Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Security
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% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
