$329,000
Active Under Contract
542 Smithridge Park
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.5
Baths
·
1,220
Sq Ft
About This Property
Welcome home to this beautifully updated condominium in a centrally located Reno community. Filled with natural light, this 2-bedroom, 1.5-bath home offers a fresh, modern feel with updates throughout. Enjoy brand-new flooring, updated fixtures, new cabinetry, updated windows, and fresh interior paint. Home has a central air conditioning system that provides year-round comfort. The kitchen features charming tile accents that add character and style. Perfect for those seeking a low-maintenance lifestyle without sacrificing quality, this move-in ready home combines convenience, comfort, and thoughtful updates in a desirable location.
Listed by Karen Walker-Hill — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active Under Contract
MLS #
260005081
Days on Market
12
Price/Sq Ft
$270
Property History
Apr 25, 2026
Listed for sale
$329,000
Current
Pending
$329,000
Property Overview
Beds
2
Baths
1.5
Sq. Ft.
1,220
Stories
2
Year Built
1970
Property Type
Condominium
Subdivision
Smithridge Park Townhouses 4 Unit 1
APN
025-180-32
Parking
Total Parking
2
Parking Features
Carport, None
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View
Mountain(s)
Roof
Composition, Shingle
Foundation
Slab
Utilities & Systems
Heating
Electric
Cooling
Central Air
Financial
Annual Tax
$750
HOA Fee
$265 / Monthly
HOA / Community
Smithridge Park Townhomes
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Galena
HOA & Community
Community Amenities
Parking
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% ($65,800)
Home price
$329,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
