$465,000 Active
1524 North Court #A, B
Gardnerville, NV 89410
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
4 Beds
·

About This Property

Income-producing duplex in the heart of Gardnerville, offering investors a turnkey opportunity in one of Northern Nevada's steadiest rental markets. Two separate units under one roof—two income streams, reduced vacancy risk, and economies of scale on maintenance and insurance. Both units are 2 bedrooms, 1 bath, and a 1-car garage, with additional driveway parking in front of each garage. This mirrored layout simplifies maintenance, turnovers, and tenant expectations, and the dedicated garage plus off-street parking is a meaningful draw for renters in this market. Here's where the upside lives: Unit B has been fully updated [kitchen, flooring, paint, etc.] and is ready to command top-of-market rent. Unit A remains in original condition, giving an investor a clear value-add play—renovate to match. You're buying one stabilized, rent-ready unit and one with built-in equity and income upside. Nevada's lack of state income tax, landlord-friendly statutes, and proximity to Carson City, Reno, and the Tahoe job corridor make this an attractive long-term hold. Whether you're house-hacking the updated side, building a small-multifamily portfolio, or executing a 1031 exchange, 1524 North Court offers both immediate cash flow and a defined path to higher returns.

Listed by Kimberly Sciarrotta — Coldwell Banker Select RE M

Listing Details

Status Active
MLS # 260008433

Property History

Jul 01, 2026
Listed for sale
$465,000
Property Overview
Beds 4
Lot Size 0.05 acres
Stories 1
Year Built 1978
Property Type Duplex
Subdivision Centertowne Townhomes
STR Jurisdiction Douglas County
APN 1320-32-715-011
Parking
Total Parking 4
Parking Features Alley Access, Common, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
Construction Masonite, Wood Siding
Roof Asphalt, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,084
Schools
Elementary School Gardnerville
Middle School Carson Valley
High School Douglas
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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% ($93,000)
Home price
$465,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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