$165,000 Active
2450 Lymbery Street #APT 208
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1.0 Baths
·
409 Sq Ft

About This Property

Experience the best of Midtown Reno living at 2450 Lymbery Street #208! Located within a gated community with a community pool, this updated condo offers a great combination of privacy, amenities, low-maintenance living, and an unbeatable central Reno location. Inside, you'll find updated flooring and fresh interior paint that create a clean, modern feel throughout. The updated kitchen with newer appliances provides a refreshed and functional space for everyday living, while the bathroom features an updated vanity for an additional touch of style. Step outside and enjoy the convenience of a community pool, perfect for relaxing and cooling off during Reno's warmer months. The gated community adds another level of privacy while still keeping you close to everything that makes this area so desirable. Enjoy being just minutes from Reno Public Market, the RED District, Midtown, and Virginia Lake. Grab dinner or drinks at Reno Public Market, explore the restaurants, coffee shops, shopping, and nightlife throughout Midtown and the RED District, or head over to Virginia Lake for a morning walk, jog, or relaxing afternoon outdoors. With convenient access to Virginia Street, Downtown Reno, the airport, and major roadways, 2450 Lymbery Street #208 offers the perfect blend of updated living, community amenities, and the Midtown lifestyle. Enjoy the pool, the convenience of a gated community, and some of Reno's best dining, entertainment, and recreation just minutes from your front door!

Listed by Joseph Raymond — Real Broker LLC

Listing Details

Status Active
MLS # 260010936
Days on Market 2
Price/Sq Ft $403

Property History

Aug 22, 2026
Listed for sale
$165,000
Property Overview
Baths 1.0
Sq. Ft. 409
Lot Size 0.01 acres
Stories 4
Year Built 1978
Property Type Condominium
Subdivision Reno 2 Condominiums
STR Jurisdiction Washoe County
APN 019-472-09
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Stucco, Unknown, Other
Roof Composition
Foundation None
Pool & Spa
Pool Fenced, In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Electric, Evaporative Cooling
Financial
Annual Tax $411
HOA Fee $225 / Monthly
HOA / Community LakeGrove Condominiums
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Gated, Parking, 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 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% ($33,000)
Home price
$165,000
Loan details
30-yr fixed, 6.5%
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