$265,000 Active
555 E Patriot Boulevard # 167
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
835 Sq Ft

About This Property

Absolutely unbeatable location! This beautifully remodeled, ground-floor unit is the perfect blend of style and convenience. Positioned near freeway access, shopping, and dining, you will have everything you need just moments away. Step inside to find a modern kitchen featuring durable ceramic tile flooring, paired with a tastefully updated bathroom complete with a sleek ceramic tile shower and tub. The layout includes a convenient laundry area off the kitchen, and the spacious living room opens to a large, fenced-in patio. A peaceful retreat with extra storage space. Enjoy beautifully landscaped common areas surrounded by mature trees, providing a serene setting right outside your door. This community offers partially paid utilities, wonderful amenities, including a clubhouse, pool, hot tub, dog park, and RV storage, making it ideal for both relaxation and adventure. This remodeled gem truly has it all!

Listed by Samantha Aloia — LPT Realty, LLC

Listing Details

Status Active
MLS # 260010903
Price/Sq Ft $317

Property History

Aug 22, 2026
Listed for sale
$265,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 835
Lot Size 0.02 acres
Stories 1
Year Built 1986
Property Type Condominium
Subdivision Waterford Park 2
STR Jurisdiction Washoe County
APN 164-071-69
Parking
Total Parking 1
Parking Features Additional Parking, Carport, RV Access/Parking
Exterior & Lot
Exterior Features Dog Run
Lot Features Landscaped, Level, Sprinklers In Front
View Trees/Woods
Construction Masonite
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $720
HOA Fee $374 / Monthly
HOA / Community Waterford Park 2
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Barbecue, Clubhouse, Landscaping, Management, Parking, Pool, Sauna, Security, Spa/Hot Tub
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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 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% ($53,000)
Home price
$265,000
Loan details
30-yr fixed, 6.5%
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