$565,000
Active
3285 Socrates Drive
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
3.0
Baths
·
2,673
Sq Ft
About This Property
Probate sale subject to court bidding and confirmation. City views!! 2 bedrooms. living room. kitchen, laundry/storage room and dining room upstairs street level. Finished walkout basement with large bonus room with additional washer/dryer hook up. 2 additional bedrooms and full bath Corner lot great location close to UNR
Listed by Sue Bailey — Estate Realty
Listing Details
Status
Active
MLS #
260011928
Days on Market
4
Price/Sq Ft
$211
Property History
Sep 16, 2026
Listed for sale
$565,000
Property Overview
Beds
4
Baths
3.0
Sq. Ft.
2,673
Lot Size
0.43 acres
Stories
2
Year Built
1994
Property Type
Single Family Residence
Subdivision
University Heights Phase 1
STR Jurisdiction
Washoe County
APN
003-442-01
Parking
Garage Spaces
3
Total Parking
5
Parking Features
Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
Balcony
Lot Features
Corner Lot, Sloped Down
View
City, Mountain(s)
Roof
Composition
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$2,904
HOA Fee
$330 / Annually
HOA / Community
University Ridge
Schools
Elementary School
Peavine
Middle School
Clayton
High School
McQueen
HOA & Community
Community Amenities
None
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($113,000)
Home price
$565,000
Loan details
30-yr fixed, 6.5%
