$715,000 Active
1263 Nixon Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
916 Sq Ft
Virtual Tour

About This Property

Welcome to 1263 Nixon Avenue, a classic Craftsman bungalow in Reno's highly sought-after Newlands Manor and Old Southwest neighborhood. Located on one of Reno's most iconic tree-lined streets, this home offers timeless character, original details, and an unbeatable location just minutes from Midtown Reno, the Truckee River, downtown Reno, parks, restaurants, and local coffee shops. Inside, the home is filled with warmth and natural light, highlighted by original hardwood flooring, detailed woodwork, traditional built-ins, and charming architectural accents that capture the character buyers love about Old Southwest Reno homes. The floor plan offers comfortable everyday living with inviting spaces that feel both functional and welcoming. The kitchen maintains the home's classic charm, while the updated bathroom and newer windows installed in 2020 add modern comfort and efficiency. Downstairs, a finished basement bonus room serves as the home's third bedroom, creating flexible space for guests, a home office, gym, or creative studio. Additional unfinished basement space provides valuable storage. The private backyard features mature landscaping, a patio area, and fenced space for entertaining, gardening, pets, or simply enjoying Reno's four-season lifestyle. Additional upgrades include solar panels with battery backup, an electric vehicle charging station, roof and water heater replaced in 2012, and ample parking. Homes on Nixon Avenue rarely come available, especially with this combination of historic Craftsman character, energy-efficient upgrades, flexible living space, and walkability to Midtown and downtown Reno. A rare opportunity to own a piece of Reno history in one of the city's most desirable neighborhoods.

Listed by Laura Kirsch — Marmot Properties, LLC

Listing Details

Status Active
MLS # 260006087
Price/Sq Ft $781

Property History

May 14, 2026
Listed for sale
$715,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 916
Lot Size 0.11 acres
Stories 1
Year Built 1940
Property Type Single Family Residence
Subdivision Arlington Heights Suburban Home Tracts
APN 014-013-09
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Electric Vehicle Charging Station(s), Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Oil
Cooling Evaporative Cooling
Financial
Annual Tax $1,119
Schools
Elementary School Beck
Middle School Swope
High School Reno
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($143,000)
Home price
$715,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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