$395,000
Active
50 N Sierra Street #STE 905
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
875
Sq Ft
About This Property
Welcome home to the Palladio- downtown living at its finest! This north-facing 9th floor unit provides gorgeous views of Peavine Mountain and Downtown Reno boasting stainless steel appliances, quartz countertops, in unit washer/dryer, private balcony and luxurious bathroom. Unit also comes with assigned parking in the private garage and an assigned in building storage area. Community infinity pool with views of the Sierra Mountains and Truckee River are a perfect place to unwind. Short walk to numerous bars, restaurants and shops as well as Aces ballpark, Wingfield park and downtown casinos. Come check this one out today!
Listed by Ernie Pomin — Assist-2-Sell Buyers & Sellers
Listing Details
Status
Active
MLS #
260004605
Days on Market
21
Price/Sq Ft
$451
Property History
Apr 16, 2026
Listed for sale
$395,000
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
875
Lot Size
0.02 acres
Stories
13
Year Built
2006
Property Type
Condominium
Subdivision
The Palladio
APN
011-529-05
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Alley Access, Garage, Under Building
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
City, Mountain(s)
Construction
Concrete
Roof
Metal, Pitched
Foundation
Concrete Perimeter, Slab
Pool & Spa
Pool
In Ground
Utilities & Systems
Heating
Forced Air, Heat Pump
Cooling
Central Air
Financial
Annual Tax
$2,980
HOA Fee
$614 / Monthly
HOA / Community
The Palladio HOA
Schools
Elementary School
Hunter Lake
Middle School
Swope
High School
Reno
HOA & Community
Community Amenities
Gated, Landscaping, Pool, Security, Spa/Hot Tub, Storage
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% ($79,000)
Home price
$395,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
