$520,000 Active
3288 Alum Creek Court
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,444 Sq Ft

About This Property

**Substantial Closing Credit being Offered*****Welcome to River Run in Caughlin Ranch, where comfort meets a peaceful lifestyle in this rare single-level 3 bedroom, 2 bath condo with 1,444 sq ft and a 2 car garage, a floor plan that does not come up often. From the moment you walk in, the home feels warm and inviting with a mix of beautiful hardwood, tile, and carpet flooring that adds both style and function. The kitchen has been nicely updated stainless steel appliances and freshly painted cabinets, creating a bright and updated space that is ready for daily living and entertaining. Natural light fills the home through newer Low-E windows that,, while a 3 year old heater and AC provides added comfort and peace of mind. Step outside to a charming paver patio and backyard that offers just the right balance of lush greenery and easy care, making it a perfect place to relax without a lot of upkeep. Located just one block from the Truckee River, this home gives you direct access to miles of scenic walking and biking trails, bringing nature right to your doorstep. The River Run community also features a pool, adding to the ease of living and giving you a place to unwind on warm days. This home is full of charm, comfort, and thoughtful updates, all set in one of Reno's most desirable areas, making it a wonderful place to call home.

Listed by Kerry Herdt — LPT Realty, LLC

Listing Details

Status Active
MLS # 260004608
Days on Market 24
Price/Sq Ft $360

Property History

Apr 16, 2026
Listed for sale
$520,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,444
Lot Size 0.01 acres
Stories 1
Year Built 1990
Property Type Condominium
Subdivision River Run 2
APN 009-513-16
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Common Area, Gentle Sloping, Landscaped, Level, Sprinklers In Rear
Construction HardiPlank Type
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,650
HOA Fee $550 / Monthly
HOA / Community River Run
Schools
Elementary School Gomm
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Management, Parking, 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% ($104,000)
Home price
$520,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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