$399,999 Active Under Contract
100 N Arlington Avenue #UNIT 23L
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,194 Sq Ft

About This Property

Enjoy spectacular East facing views from this one of a kind 2 Bedroom Penthouse on the top floor of Arlington Towers. Sweeping city views, river views and park views make leaving your patio something you will never want to do. Enjoy firework shows throughout various times of the year or Balloons flying high from Ranch San Rafael during the Reno Hot Air Balloon Races. In addition, the Eastern views give you that beautiful morning sun and afternoon shade great for morning coffee or a nice evening on the patio. This unit itself offers ample storage, its own Washer/Dryer closet with a Washer and Dryer near the entry of the unit tucked off to the side of the kitchen behind foldable closet doors, a vanity to do makeup preparing for the day or evening and an elongated closet with even more storage. One great thing about this unit is that the 2nd bedroom has a sliding wall allowing you to make the living room larger or close off for a true 2nd bedroom. Whether you're looking for a primary residence, low-maintenance city retreat, or investment property, this Arlington Towers condo offers a combination of location, views, and convenience that's hard to duplicate

Listed by Robert Gales — Dickson Realty - Downtown

Listing Details

Status Active Under Contract
MLS # 260011674
Days on Market 10
Price/Sq Ft $335

Property History

Sep 10, 2026
Listed for sale
$399,999
Sep 11, 2026
Pending
$399,999
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,194
Lot Size 0.03 acres
Stories 1
Year Built 1966
Property Type Condominium
Subdivision Arlington Towers
STR Jurisdiction Washoe County
APN 011-633-02
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View City, Mountain(s)
Construction Concrete, Glass
Roof Flat
Foundation Slab
Pool & Spa
Pool Above Ground, Indoor
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $2,643
HOA Fee $905 / Monthly
HOA / Community Arlington Towers HOA
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Fitness Center, Landscaping, Pool, Recreation Room, Security
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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% ($80,000)
Home price
$399,999
Loan details
30-yr fixed, 6.5%
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