$749,000 Active
200 W 2nd Street #APT 1604
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,946 Sq Ft

About This Property

Perched high above the heart of downtown Reno, this 3 bedroom 2 1/2 bathroom penthouse residence at Riverwalk Towers delivers elevated urban living with sweeping views of the Truckee River, city skyline, and Sierra Nevada mountains. Designed for both sophisticated entertaining and everyday comfort, the residence features an expansive open-concept layout, floor-to-ceiling windows and refined contemporary finishes throughout.Residents of Riverwalk Towers enjoy resort-style amenities including a pool, fitness center, secure building access, underground parking, and direct proximity to premier dining, entertainment, arts, and nightlife. Ideally situated along the Truckee River, this rare penthouse offers the perfect balance of luxury, convenience, and panoramic downtown living in one of Reno's most sought-after high-rise communities.

Listed by Sonya Green — Solid Source Realty

Listing Details

Status Active
MLS # 260005943
Price/Sq Ft $385

Property History

May 12, 2026
Listed for sale
$749,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,946
Lot Size 0.05 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Town Of Reno
APN 011-497-04
Parking
Garage Spaces 1
Total Parking 1
Parking Features Permit Required, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View City, Desert, Mountain(s)
Construction Stucco
Roof Flat
Foundation None
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,591
HOA Fee $1,355 / Monthly
HOA / Community Riverwalk Towers HOA
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Pool, Spa/Hot Tub
📊

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% ($149,800)
Home price
$749,000
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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