$468,000 Active Under Contract
11595 Deodar Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,000 Sq Ft
Virtual Tour

About This Property

Opportunity Alert! Home is a short sale property and offers an incredible opportunity for the right party. 1 acre, level lot, fully fenced, no HOA, 3bed|2bath|2car - bedroom and 3/4 bath on main level, upper level offers two generously sized bedrooms and full bathroom with additional storage space. Original wood flooring. Septic tank | Propane heat. Zoning allows for horses. Land offers ample space for additional "out-buildings"; shed, shop, ADU, barn, stable, arena, etc. This home offers darling original charm and has all the makings of a dream home with a little TLC. If you are seeking space from neighbors and want to get away from the noise and hustle-bustle of the city, this property may have just what you're looking for.

Listed by Rowe Real Estate Team — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 260000807
Days on Market 107
Price/Sq Ft $234

Property History

Jan 23, 2026
Listed for sale
$468,000
Current
Pending
$468,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,000
Lot Size 1.05 acres
Stories 2
Year Built 1960
Property Type Single Family Residence
Subdivision Heppner 3
APN 080-362-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Propane
Financial
Annual Tax $922
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($93,600)
Home price
$468,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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