$1,325,000 Active
1504 N Stewart Street
Carson City, NV 89706
STR Status Unknown
8 Beds
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About This Property

The Stewart St Commons is located in one of Carson City, Nevada's most established residential neighborhoods. This 4-plex is on a corner lot and offers all 2 bedroom 1 bathroom units, secured garage parking for each unit, and has very mature landscaping creating a tranquil environment for tenants. The units have received interior renovations to more modern standards. Centrally located near Highway 50, the Stewart St Commons is just minutes from the Nevada State Capitol, downtown Carson City, shopping, dining, schools, and major employers, providing residents with easy access to everything the city has to offer. Carson City is the state capital of Nevada and houses many government buildings, legislative meetings, and is a short distance to Tahoe Reno Industrial Center (the largest industrial park in the world) and South Lake Tahoe. The area sees many residences and visitors seeking both employment, recreation and business.

Listed by Angela Beard — RE/MAX Gold

Listing Details

Status Active
MLS # 260010458

Property History

Aug 13, 2026
Listed for sale
$1,325,000
Property Overview
Beds 8
Lot Size 0.23 acres
Stories 1
Year Built 1957
Property Type Quadruplex
Subdivision Corbett Addition
APN 002-133-06
Parking
Total Parking 8
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Other
Construction Frame, Wood Siding
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $2,014
Schools
Elementary School Mark Twain
Middle School Carson
High School Carson
HOA & Community
Community Amenities Barbecue
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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%

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% ($265,000)
Home price
$1,325,000
Loan details
30-yr fixed, 6.5%
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