$485,000 Active
138 Keystone Avenue
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
1,050 Sq Ft

About This Property

Investors / Flippers welcome - Real Handyman Special- 138 Keystone Features 2 Bed 1 bath 1 car partially finished basement with new flooring and paint. The individual property at 134 Keystone Ave is a Residential home with 1 bedrooms and 1.5 bathroom, 1 car garage and is approximately 1190 sq ft upstairs and 1200 sq ft finished basement downstairs. electric panels have been upgraded to circuit breakers. live in one house and make some income with the other. close to Truckee River mid town. great location. There are 3 Slurried tank on the properties. 24hr notice to tenants call Agent LISTING 260002578 AND 260002581 TO BE SOLD TOGETHER FOR A TOTAL OF 970,000.00

Listed by Sharon Swanson — Nevada Premier Properties LLC

Listing Details

Status Active
MLS # 260002581
Days on Market 63
Price/Sq Ft $462

Property History

Mar 09, 2026
Listed for sale
$485,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,050
Lot Size 0.15 acres
Stories 1
Year Built 1924
Property Type Single Family Residence
Subdivision Powning Addition
APN 011-012-15
Parking
Garage Spaces 1
Total Parking 1
Parking Features Alley Access, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s), Peek
Construction Brick Veneer, Concrete
Roof Composition, Shingle
Foundation Concrete Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1,337
Schools
Elementary School Peavine
Middle School Clayton
High School Reno
📊

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% ($97,000)
Home price
$485,000
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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