$1,090,000 Active Under Contract
50 Berrum Place
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·

About This Property

Exceptional investment opportunity. This fully remodeled fourplex offers 4 updated units, each featuring brand-new kitchens, bathrooms, flooring, fresh interior/exterior paint, mini-splits for heat & A/C, gas water heaters, and a washer and dryer. The building consists of two ground-floor units and two upper-level units. With 2 one-bedroom units and 2 two-bedroom units. Additional improvements include updated electrical systems, select new windows, new fencing, and paver walkways, as well as a private common courtyard.

Listed by Candi Peek — Ferrari-Lund Real Estate Reno

Listing Details

Status Active Under Contract
MLS # 260008891
Days on Market 45

Property History

Jul 11, 2026
Listed for sale
$1,090,000
Aug 21, 2026
Pending
$1,090,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2024 $679,485 Chris McCainDL Realty Candi PeekFerrari-Lund Real Estate Reno

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 6
Lot Size 0.14 acres
Stories 2
Year Built 1942
Property Type Quadruplex
STR Jurisdiction Washoe County
APN 019-303-47
Parking
Parking Features None
Exterior & Lot
Lot Features Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Frame, Wood Siding
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Financial
Annual Tax $1,825
Schools
Elementary School Anderson
Middle School Swope
High School Reno
HOA & Community
Community Amenities Barbecue
📊

STR Investment Analysis

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

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% ($218,000)
Home price
$1,090,000
Loan details
30-yr fixed, 6.5%
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