$599,000 Active
1625 Wilbur Place
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,586 Sq Ft
Virtual Tour

About This Property

Rare opportunity to own a charming home on a spacious 1/3-acre lot in Reno's highly sought-after Old Southwest. Nestled on a quiet cul-de-sac and zoned for some of the area's most desirable schools, this 3-bedroom, 2-bath residence offers 1,586 square feet of single-level living ready for its next chapter. Rich wood flooring, a cozy wood-burning fireplace, and timeless architectural character create a warm and inviting atmosphere throughout. The generous lot provides endless possibilities for expansion, outdoor living, gardening, or customization to bring this property to its full potential. Whether you're looking to restore, renovate, or simply enjoy one of Reno's most established and beloved neighborhoods, this is an exceptional opportunity to create something truly special.

Listed by Marissa Phillips — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260007774
Price/Sq Ft $378

Property History

Jun 17, 2026
Listed for sale
$599,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,586
Lot Size 0.30 acres
Stories 1
Year Built 1958
Property Type Single Family Residence
Subdivision Wilbur
STR Jurisdiction Washoe County
APN 010-442-25
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Cul-De-Sac, Landscaped, Level
Construction Brick Veneer, HardiPlank Type
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,429
Schools
Elementary School Hunter Lake
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
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% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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