$3,095 Active
1640 Peavine Road
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,599 Sq Ft

About This Property

This spacious 3-bedroom, 2.5-bath, two-story home is in a fantastic location just off Keystone and N. McCarran, within walking distance of Rancho San Rafael Park and just minutes from UNR, shopping, and restaurants. The open-concept floor plan offers a great layout for everyday living and entertaining, featuring a spacious kitchen with plenty of cabinet storage, a breakfast bar for extra seating, and a refrigerator provided for tenant use. The kitchen flows into the dining area, where a sliding glass door opens to a deck and fills the space with natural light. The living room features a vaulted ceiling that creates an open, airy feel and makes the space feel even larger. The primary suite is a private retreat with its own access to a back deck, a walk-in closet, and an en-suite bathroom with double sinks and a shower/tub combination. The additional bedrooms share a full bathroom. A washer and dryer are also provided for tenant use for added convenience. Outside, you'll find a 2-car garage, RV parking, shed for tenant use, and no rear neighbors for added privacy. Pets may be welcomed with owner approval; please note that the backyard is not fenced. Don't miss out on this great home in an unbeatable location—schedule your tour today! Tenant Responsibilities & Fees Utilities: Tenants are responsible for all utilities. Garbage and Sewer: 89 Water and Power: tenants are responsible Rent: 3,095 Security Deposit: 3,195 One Time Administrative Fee: 195 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260009097
Days on Market 1
Price/Sq Ft $2

Property History

Jul 16, 2026
Listed for sale
$3,095
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,599
Lot Size 0.22 acres
Stories 2
Year Built 1993
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 002-195-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage Door Opener, Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
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
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% ($619)
Home price
$3,095
Loan details
30-yr fixed, 6.5%
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