$685,000 Active
5500 Ambrose Drive
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,947 Sq Ft

About This Property

Your Next Investment! Welcome to a property where vision meets opportunity. This charming home sits on a generous 0.5-acre corner lot within a mature and sought-after Southwest neighborhood off Mayberry with no HOA's. It presents the ideal foundation for a magnificent transformation, awaiting a buyer eager to design and renovate their dream home. Convenience is paramount with six-car covered parking, providing abundant, secure space for vehicles, toys, and workshop activities. The expansive grounds extend the living space outdoors, offering endless possibilities for leisure, recreation, or cultivating a lush garden oasis. Secure this distinctive offering—a perfect blend of space, character, and limitless customization in a prime location.

Listed by Jennifer Davies — Dickson Realty - Carson City

Listing Details

Status Active
MLS # 260006104
Price/Sq Ft $352

Property History

May 15, 2026
Listed for sale
$685,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,947
Lot Size 0.53 acres
Stories 1
Year Built 1960
Property Type Single Family Residence
Subdivision Ambrose 1
APN 009-064-06
Parking
Garage Spaces 5
Total Parking 6
Parking Features Additional Parking, Carport, Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,790
Schools
Elementary School Gomm
Middle School Swope
High School Reno
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($137,000)
Home price
$685,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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