$232,500
Active
1557 Delucchi Lane #I # 135
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
860
Sq Ft
About This Property
Welcome Home! Check out this 2-bedroom, 1-bath, Wooded setting in a Peaceful complex. Features: New Paint, New Water Heater, Stainless Steel Fridge Included, LVP flooring throughout, 2 generous-size bedrooms, updated bathroom, Washer & Dryer Included, community pool, Clubhouse, Tennis Courts, Covered Parking, HOA includes Water & Trash. Centrally located and next to Meadowood Mall. Come and see!
Listed by Lee Trefethen — Coldwell Banker Select Reno
Listing Details
Status
Active
MLS #
260011191
Days on Market
16
Price/Sq Ft
$270
Property History
Aug 28, 2026
Listed for sale
$232,500
Sep 05, 2026
Pending
$232,500
Sep 09, 2026
Relisted
$232,500
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
860
Lot Size
0.01 acres
Stories
1
Year Built
1979
Property Type
Condominium
Subdivision
Neil Manor Condominiums
STR Jurisdiction
Washoe County
APN
025-203-32
Parking
Total Parking
2
Parking Features
Carport
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level
View
Trees/Woods
Roof
Pitched, Shingle
Foundation
Slab
Pool & Spa
Pool
Outdoor Pool
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$607
HOA Fee
$300 / Monthly
HOA / Community
Kenyon & Associates
Schools
Elementary School
Donner Springs
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Clubhouse, Landscaping, Management, Parking, 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% ($46,500)
Home price
$232,500
Loan details
30-yr fixed, 6.5%
