$899,000 Active
10037 Southeast River Street
Truckee, CA 96161
⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.
2 Beds
·
2.0 Baths
·
1,020 Sq Ft
Virtual Tour

About This Property

Location! Location! Location! Enjoy the best of downtown Truckee living in this single-level 2BR/2BA home, built in 1938 and thoughtfully updated throughout. Situated in the old China Town section of Truckee and right near the river this home has the charm of yesteryear with modern updates of today. This incredible restoration has been completed with attention to detail along with respect for the history of the architecture. With 1,020 square feet of space, this home offers the ease of one-level living in a location that can't be beat. Step outside to a lovely fenced yard, perfect for relaxing or entertaining, and enjoy the added bonus of an attached workshop/storage area along with four dedicated parking spaces. This property qualifies for the Mills Act, a significant benefit that keeps property taxes low. In addition, owner has had a successful short term rental history for this property. Stroll to the river, hop on the Legacy Trail for a morning bike ride or walk, catch the train right from the historic depot, or spend your evening exploring downtown's shops, restaurants, and bars — all just minutes from your front door. Whether you're looking for a full-time residence, a low-maintenance mountain getaway, or an investment in one of Truckee's most desirable locations, this home puts you right in the heart of it all.

Listed by Heather Fairbairn — Dickson Realty

Listing Details

Status Active
MLS # 20261673
Price/Sq Ft $881

Property History

Aug 10, 2026
Listed for sale
$899,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2007 · county record $347,500 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,020
Lot Size 0.09 acres
Property Type Single Family Residence
Style Old Tahoe
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019152012000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View City, Water
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
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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 ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 10037 Southeast River Street, Truckee

Est. Annual Revenue
$32,745
Avg Nightly Rate
$170
Projected Occupancy
53.0%
Cap Rate
1.5%
Structural Score: 49 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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