$575,000 Active
353 Wheeler Avenue
Reno, NV 89502

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STR Status Unknown
3 Beds
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Our data on this home

About This Property

Potential is here, two houses plus a detached garage on a mf43 zoned parcel. Front house is a 1914 brick home with gobs of charm, large basement could be utilized for more, newer gas furnaces. Back unit has some updating and another super large basement for storage. Newer kitchen and flooring. Please don't bother the tenants.

Listed by Karen Walker-Hill — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260013642
Days on Market 6

Property History

Oct 29, 2026
Listed for sale
$575,000
Property Overview
Beds 3
Lot Size 0.17 acres
Stories 1
Year Built 1924
Property Type Duplex
Subdivision Wells Addition
APN 013-011-13
Parking
Total Parking 4
Parking Features Alley Access, Detached
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Brick Veneer, Frame, Wood Siding
Roof Composition, Pitched
Foundation Concrete Perimeter, Stone, Other
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air
Cooling Varies By Unit
Financial
Annual Tax $1,375
Schools
Elementary School Booth
Middle School Vaughn
High School Wooster
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$1,200 – $1,700/yr
about $121/mo
Est. Rebuild Cost (Coverage A)
$345,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$3,144 per month
Principal & interest
$2,908/mo
Property taxes
$115/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$121/mo
Estimated ~$1,200–$1,700/yr — get a local broker quote for accuracy.
Down payment
20% ($115,000)
Home price
$575,000
Loan details
30-yr fixed, 6.5%
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