$185,000 Active
1410 Hillside Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Prime investment opportunity one block from the University of Nevada Reno! This undeveloped parcel offers exceptional potential for income-producing development. Ideal for small student housing and/or rental property. This highly desirable location provides strong demand and long-term investment appeal. Plans for a 3 bedroom home available upon request. Don't miss this rare chance to capitalize on a property in the heart of a thriving university community. Go Pack!

Listed by Melissa Dolan — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260007378

Property History

Jun 10, 2026
Listed for sale
$185,000
Property Overview
Lot Size 0.08 acres
Property Type Land
Subdivision Evans Vista
STR Jurisdiction Washoe County
APN 007-016-13
Exterior & Lot
Lot Features Corner Lot, Level, Open Lot, Cleared, Curbs, Sidewalks
View City
Financial
Annual Tax $1,225
Schools
Elementary School Peavine
Middle School Clayton
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
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% ($37,000)
Home price
$185,000
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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