$329,900 Active
2065 Wedekind Road
Reno, NV 89512
STR Status Unknown

About This Property

Discover a prime opportunity with this vacant land zoned Multi-Family (MF-30), allowing for up to 30 units. Spanning approximately 1.06 acres, this property features stunning views and is conveniently located just minutes from the University of Nevada, Reno, and downtown amenities. Key Features: • Zoning: Multi-Family (MF-30) for up to 30 units • Total Area: Approximately 1.06 acres (includes parcels 004-091-08 and 004-091-09) • Location: Close to University of Nevada, Reno, and downtown, • Views: Scenic landscapes ideal for residential development This is an exceptional chance for developers and investors to capitalize on a desirable location with great potential. Don’t miss out on the opportunity to create a vibrant community in a rapidly growing area!

Listed by Hope Lewis — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 240012064
Days on Market 595

Property History

Mar 31, 2026
Listed for sale
$329,900
Property Overview
Lot Size 1.06 acres
Property Type Land
APN 004-091-08
Exterior & Lot
Lot Features Sloped Up
Financial
Annual Tax $3,726
Schools
Elementary School Cannan
Middle School Traner
High School Hug
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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% ($65,980)
Home price
$329,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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