$230,000
$240,000
↓ $10,000 reduced
Active
1221 S Nevada Street
Carson City, NV 89703
STR Status Unknown
2
Beds
·
1.0
Baths
·
848
Sq Ft
About This Property
PRICE IMPROVEMENT. Own your piece of Nevada...Street that is! Very clean townhouse in a great downtown location. Very close to the Legislature, the Historic District, and the Governor's mansion. Great rental or first-time buyer property, Appliances are in good shape and the refrigerator, washer, and dryer are included. The water heater is from 1994, and the furnace is from 1995. Don't be surprised when you see the peacocks that roam the neighborhood. This property is easy to show, and the seller is very motivated. Submit all offers.
Listed by Jeffrey Seyler — Nevada Premier Properties LLC
Listing Details
Status
Active
MLS #
260000787
Days on Market
202
Price/Sq Ft
$271
Property History
Jan 22, 2026
Listed for sale
$230,000
Jun 25, 2026
Price changed
$235,000
Aug 03, 2026
Price changed
$230,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
848
Lot Size
0.02 acres
Stories
2
Year Built
1964
Property Type
Townhouse
Subdivision
Esplenade P.U.D.
APN
003-291-28
Parking
Total Parking
1
Parking Features
Parking Pad
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sprinklers In Front
Roof
Composition
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air
Cooling
Central Air
Financial
Annual Tax
$467
HOA Fee
$347 / Monthly
HOA / Community
ESPLANADE
Schools
Elementary School
Bordewich-Bray
Middle School
Carson
High School
Carson
HOA & Community
Community Amenities
None
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%
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% ($46,000)
Home price
$230,000
Loan details
30-yr fixed, 6.5%
