$450,000
Active Under Contract
5115 Koenig Road
Reno, NV 89506
STR Status Unknown
4
Beds
·
2.0
Baths
·
2,086
Sq Ft
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About This Property
Investor opportunity at 5115 Koenig! This single-story home offers 2,086 square feet, four bedrooms, two bathrooms and a two-car garage on a spacious .34-acre lot. The property needs extensive repairs and updating, making it an ideal project for an experienced investor, contractor or buyer ready to take on a major renovation. Priced well below market value to reflect its current condition, this property offers plenty of potential for the right buyer. Sold as-is.
Listed by Staci Nauman — RE/MAX Professionals-Sparks
Listing Details
Status
Active Under Contract
MLS #
260012476
Days on Market
10
Price/Sq Ft
$216
Property History
Sep 28, 2026
Listed for sale
$450,000
Oct 01, 2026
Pending
$450,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
2,086
Lot Size
0.34 acres
Stories
1
Year Built
1998
Property Type
Single Family Residence
APN
082-532-17
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Sloped Up
Construction
Stucco
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Crawl Space
Utilities & Systems
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$2,926
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
McQueen
STR Investment Analysis
STR analysis
STRUCTURAL SCORE
—
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—
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
$2,827 per month
Principal & interest
$2,275/mo
Property taxes
$244/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
$308/mo
Estimated ~$3,000–$4,400/yr — get a local broker quote for accuracy.
Down payment
20% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
