$159,900
$164,000
↓ $4,100 reduced
Active
4608 Neil Road #215
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
644
Sq Ft
About This Property
**Drastic price reduction for quick sale and seller will pay up to 3K in closing costs, buyer credit or discount. He is ready to move and will help buyer where he can.***This beautiful ground-floor home has been fully remodeled and features a brand-new kitchen with granite countertops. Laminate flooring runs throughout the entire home, adding a modern and cohesive look. Centrally located near bus lines and shopping, it offers exceptional convenience. Perfect as a second home or for full-time living.
Listed by Vazquez-Biglieri — Reno Sparks Realty, LLC
Listing Details
Status
Active
MLS #
260000463
Days on Market
242
Price/Sq Ft
$248
Property History
Jan 14, 2026
Listed for sale
$164,000
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
644
Stories
1
Year Built
1978
Property Type
Condominium
Subdivision
Peckham Gardens
STR Jurisdiction
Washoe County
APN
025-541-63
Parking
Total Parking
1
Parking Features
Additional Parking, Carport
Exterior & Lot
Exterior Features
None
Lot Features
Common Area
Roof
Composition, Pitched
Foundation
Slab
Utilities & Systems
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$353
HOA Fee
$295 / Monthly
HOA / Community
Peckham Gardens
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Pool, Tennis Court(s)
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($31,980)
Home price
$159,900
Loan details
30-yr fixed, 6.5%
