$650,000 Active
1768 Tolica Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
1,432 Sq Ft

About This Property

Perfect combination of character and comfort in the heart of Old Southwest Reno! This charming home features a fully remodeled kitchen, luxury vinyl plank flooring throughout, and a quiet, private setting surrounded by mature landscaping. Located in one of Reno's most sought-after neighborhoods, walking distance to Midtown Reno with its popular restaurants, coffee shops, and local happenings. Conveniently close to hospitals and downtown Reno. Property comes fully furnished and includes a detached workshop in the backyard—perfect for hobbies, storage, or creative space. Low property taxes of just over 900 per year make this opportunity even more attractive! The house is in great condition for its age. Houses like this don't come up often so make an appointment to see it right away!

Listed by Janice McElroy — RE/MAX Gold

Listing Details

Status Active
MLS # 260006659
Price/Sq Ft $454

Property History

May 26, 2026
Listed for sale
$650,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,432
Lot Size 0.15 acres
Stories 1
Year Built 1948
Property Type Single Family Residence
Subdivision Hamlin
STR Jurisdiction Washoe County
APN 014-203-08
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $928
Schools
Elementary School Mt. Rose
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% ($130,000)
Home price
$650,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207