$1,431,000 Active Under Contract
343 & 347 Mount Rose St. Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·

About This Property

Welcome to 343 & 347 Mount Rose St, located in the heart of Reno's vibrant MidTown District, the city's most desirable neighborhood for arts, culture, theatre, and dining, all just steps from your front door. It offers a rare blend of charm, modern convenience, and excellent investment potential. This property is perfect for both owner occupants and investors. 343 Mount Rose St. features a spacious single level main residence, complemented by a second unit.Tucked away down a few steps to the front door with a breezeway patio the length of the home. 347 Mount Rose St. was built in 2017, it's a stylish modern duplex with alley access, each of the two units spans three stories and includes, one bedroom, + den or office, two bathrooms, attached one car garage with two storage spaces, two private balconies, fenced patio space, vaulted ceilings, and sunshine filled interiors. Whether you're looking to expand your portfolio or be an owner occupier and rent out three units, this unique property is the best of both worlds, in one of Reno's most walkable, lively, and fast appreciating neighborhoods. Newer roof from 2024 on the front house.

Listed by Dyan Chapman — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 250055872
Days on Market 265

Property History

Sep 13, 2025
Listed for sale
$1,431,000
Current
Pending
$1,431,000
Property Overview
Beds 5
Lot Size 0.16 acres
Stories 1
Year Built 1945
Property Type Quadruplex
Subdivision Sierra Vista Tract
STR Jurisdiction Washoe County
APN 014-213-27
Parking
Total Parking 6
Parking Features Alley Access, Assigned, Attached, Detached, Garage, Garage Door Opener, Parking Pad, Varies by Unit
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s), Balcony, Rain Gutters
Lot Features Gentle Sloping
Construction Asbestos, Stucco
Roof Composition, Shingle
Foundation Other
Pool & Spa
Pool No
Utilities & Systems
Heating Fireplace(s), Forced Air, Varies By Unit
Financial
Annual Tax $6,397
Schools
Elementary School Mt. Rose
Middle School None
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% ($286,200)
Home price
$1,431,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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