$359,000 Active
585 Logan Jacob Lane
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,472 Sq Ft

About This Property

INVESTORS - Excellent Opportunity Just Minutes from UNR! Welcome to 585 Logan Jacob Lane, a beautifully maintained townhome featuring one of Reno's most popular floor plans, offering both style and functionality. Located just minutes from the University of Nevada, Reno, this property presents an exceptional opportunity for investors seeking strong rental demand in a prime location—perfect for student housing or long-term tenants. Built in recent years, this young townhome features modern finishes, energy-efficient systems, and low-maintenance living. Enjoy spacious bedrooms, an open-concept living area, and a well-appointed kitchen, ideal for both entertaining and everyday life. Whether you're a first-time investor or looking to expand your portfolio, this property is ideally positioned to deliver consistent returns. Proximity to downtown Reno, public transportation, and shopping makes this home even more attractive to renters and residents alike. Don't miss your chance to own one of the most sought-after floor plans in Reno - with unbeatable access to UNR and the growing Reno rental market! Call listing agent for more rental details. PLEASE, DO NOT DISTURB OCCUPANTS.

Listed by Louie Damonte III — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 250056438
Days on Market 222
Price/Sq Ft $244

Property History

Sep 27, 2025
Listed for sale
$359,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,472
Lot Size 0.02 acres
Stories 3
Year Built 2019
Property Type Townhouse
APN 003-803-75
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Desert, Mountain(s), Rural
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Financial
Annual Tax $2,572
HOA Fee $200 / Monthly
HOA / Community Western Nevada Management
Schools
Elementary School Elmcrest
Middle School Clayton
High School Hug
HOA & Community
Community Amenities Maintenance Grounds, Parking
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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% ($71,800)
Home price
$359,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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