$310,000 $325,000 ↓ $15,000 reduced Active Under Contract
1370 Castle Way
Reno, NV 89512
STR Status Unknown
2 Beds
·
2.0 Baths
·
925 Sq Ft

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About This Property

Unlock the potential of this centrally located Reno home! Whether you're an investor searching for your next project or a buyer ready to create your dream home, this property offers an incredible opportunity. With some TLC and your personal vision, this home can truly shine. Features include original hardwood floors ready to be restored to their timeless beauty, newer windows installed in 2023, and a new roof completed in 2022, giving you a solid head start on major improvements. Conveniently located near shopping, restaurants, schools, parks, downtown Reno, and freeway access, this home offers both value and location. Bring your imagination and transform this property into something special!

Listed by Alexandra Barrera — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260008904
Days on Market 94
Price/Sq Ft $335

Property History

Jul 12, 2026
Listed for sale
$325,000
Aug 20, 2026
Pending
$325,000
Sep 15, 2026
Relisted
$325,000
Sep 24, 2026
Price reduced
$310,000 $325,000 ↓ $15,000
Oct 01, 2026
Pending
$310,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 925
Lot Size 0.15 acres
Stories 1
Year Built 1955
Property Type Single Family Residence
Subdivision Hillboro 1
APN 008-044-09
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Brick, Unknown
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Financial
Annual Tax $535
Schools
Elementary School Duncan
Middle School Traner
High School Hug
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$1,300 – $1,900/yr
about $133/mo
Est. Rebuild Cost (Coverage A)
$388,500

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$1,746 per month
Principal & interest
$1,568/mo
Property taxes
$45/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($62,000)
Home price
$310,000
Loan details
30-yr fixed, 6.5%
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