$219,000 Active Under Contract
865 Nutmeg Place #APT 11
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
·
936 Sq Ft

About This Property

Move in Ready! Freshly painted with new carpet. 2-story townhouse style unit. Situated on the 2nd level are 2 spacious bedrooms and 1 full bathroom with double vanity. Half bath, kitchen, living / dining, and laundry closet with washer & dryer hook-ups are located on the 1st level. Private outdoor patio with ample room for BBQ, outdoor furniture, etc. Forced air heat and central air conditioning. Assigned covered carport with plenty of additional parking in close proximity. The community features well-manicured grounds and a refreshing outdoor pool. The association includes trash, landscaping, snow removal, and insurance benefits. Immediately adjacent to the community is an expansive park with many amenities. You won't find a nicer place to live at this price point!

Listed by Chris McCain — DL Realty

Listing Details

Status Active Under Contract
MLS # 260005409
Days on Market 6
Price/Sq Ft $234

Property History

May 01, 2026
Listed for sale
$219,000
Current
Pending
$219,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 936
Lot Size 0.01 acres
Stories 2
Year Built 1979
Property Type Condominium
Subdivision Summersnow Condominiums
APN 020-484-22
Parking
Total Parking 2
Parking Features Additional Parking, Carport, Detached
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Landscaped, Level
View Mountain(s)
Construction Concrete, Frame, Glass, Unknown
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $413
HOA Fee $296 / Monthly
HOA / Community Alpine Vista II
Schools
Elementary School Smithridge
Middle School Pine
High School Galena
HOA & Community
Community Amenities Landscaping, Parking, Pool
📊

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% ($43,800)
Home price
$219,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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