$325,000 Active
1765 O Farrell Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,608 Sq Ft
Virtual Tour

About This Property

INVESTMENT OPPORTUNITY! Convenient location in Old Northwest Reno near UNR with 4 bedrooms, 2 bathrooms, and over 1,600 square feet of living space. Property has settlement issues and will also need a new roof; price is discounted to reflect condition. Seller is requesting cash offers and will make no repairs. Enjoy beautiful mountain and valley views from the backyard, which backs to open space for added privacy and a peaceful setting. The covered patio is the perfect place to relax with a morning coffee, host a summer BBQ, or unwind after a long day. Mature landscaping, a large driveway, RV parking, and a two-car garage provide ample space for vehicles, recreational equipment, and storage. Conveniently located near the University of Nevada, Reno, Rancho San Rafael Park, hiking and biking trails, local restaurants, shopping, and seasonal events in Downtown Reno. With easy access to outdoor recreation, including Lake Tahoe, this home offers the ideal combination of comfort, convenience, and Northern Nevada lifestyle.

Listed by Jack Cote — RE/MAX Gold

Listing Details

Status Active
MLS # 260007975
Price/Sq Ft $202

Property History

Jun 21, 2026
Listed for sale
$325,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,608
Lot Size 0.17 acres
Stories 1
Year Built 1965
Property Type Single Family Residence
Subdivision Monte Vista Estates
STR Jurisdiction Washoe County
APN 002-422-07
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Sprinklers In Front
View Desert, Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,344
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% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Kristina Mattson.

Or call directly: 530.613.5207