$5,500 Active
1678 Ordway Avenue
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
·
1,520 Sq Ft

About This Property

Experience the best of MIDTOWN LIVING in this FULLY REMODELED home where classic charm meets modern style in one of Reno's most desirable locations. Perfectly positioned on the edge of Midtown, you'll love the WALKABLE LIFESTYLE with restaurants, coffee shops, boutique shopping, parks, and entertainment just minutes from your front door, while enjoying the convenience of being UNDER 10 MINUTES TO THE RENO-TAHOE INTERNATIONAL AIRPORT. Inside, the thoughtfully redesigned floor plan creates an inviting space for gathering, featuring an open-concept kitchen with a large island that flows seamlessly into the dining and living areas, making it perfect for entertaining family and friends. The permitted lower level has been converted into additional living quarters with. Currently configured with THREE BEDROOMS PLUS A DEDICATED OFFICE that could easily serve as a FOURTH BEDROOM, every room offers generous closet space and stylish finishes that blend timeless character with contemporary updates. Start your mornings with coffee on the BALCONY while enjoying beautiful EASTERN VIEWS, then spend your evenings relaxing on the DECK overlooking the ZERO-MAINTENANCE BACKYARD complete with an outdoor fireplace—fire up the BBQ and enjoy your own private retreat. There's even side parking with room for a SMALL RV or additional toys. Offering the perfect balance of MODERN UPDATES, CLASSIC CHARACTER, AN INCREDIBLE MIDTOWN LOCATION, AND QUICK ACCESS TO THE AIRPORT, this move-in-ready home delivers the lifestyle you've been waiting for. MUST SEE TO TRULY APPRECIATE! Pets considered upon approval. Tenant responsible for all utilities, with sewer and trash remaining in the owner's name and billed back at 59.08/month for sewer and 25.20/month for trash. Security deposit equals one month's rent. Approved pets require a 1,000 refundable deposit and 50/month per animal. A 250 non-refundable administration fee is due at lease signing, along with a 50 non-refundable application fee per applicant.

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 260010105
Price/Sq Ft $4

Property History

Aug 05, 2026
Listed for sale
$5,500

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2024 $415,000 Chris WhitneyDickson Realty - Damonte Ranch Eric GonzalesRE/MAX Gold-Midtown

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,520
Lot Size 0.14 acres
Stories 2
Year Built 1950
Property Type Single Family Residence
Subdivision Southland Heights
STR Jurisdiction Washoe County
APN 014-225-20
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage Door Opener, Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s)
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Schools
Elementary School Mt. Rose
Middle School Swope
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% ($1,100)
Home price
$5,500
Loan details
30-yr fixed, 6.5%
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