$553,900 Active
583 Marta Way
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,244 Sq Ft

About This Property

Welcome home to this beautifully remodeled, bright, and charming home in the Reno Heights Neighborhood. Thoughtfully updated throughout, this inviting home offers modern finishes, abundant natural light, and a welcoming atmosphere. The peaceful cul-de-sac location provides added privacy while remaining conveniently close to the University of Reno, shopping, dining, parks, schools, and all that downtown has to offer. Move-in ready and full of character, this is a home you'll love from the moment you arrive. New AC unit, furnace, and water-heater installed in 2023. TV and wall mount in Living Room convey with the home at no warranty and zero value.

Listed by Heather Edwards — eXp Realty, LLC

Listing Details

Status Active
MLS # 260008974
Price/Sq Ft $445

Property History

Jul 14, 2026
Listed for sale
$553,900
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,244
Lot Size 0.18 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
Subdivision Reno Heights
STR Jurisdiction Washoe County
APN 006-261-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Cul-De-Sac, Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $1,448
Schools
Elementary School Elmcrest
Middle School Clayton
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
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% ($110,780)
Home price
$553,900
Loan details
30-yr fixed, 6.5%
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