$725,000 Active
611 Nixon Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,724 Sq Ft

About This Property

A house for sale with a converted garage in the rear that the Washoe county assessor knows about and which has been successfully rented for decades..and is also furnished. Contact the listing agent to tour. Click on contact Agent and call. Premium, Affordable, Income Producing, & Extremely Rare property in Reno's sought-after Old Southwest (Newlands). It comes fully furnished. The main home offers 2 bedrooms plus an office downstairs, 1 bathroom with a kitchen, breakfast nook, laundry room, and with classic charm including hardwood floors, coved ceilings, vintage tile and a wood burning fireplace. The detached 1-bed, 1-bath has a family room, kitchen, and laundry area. Located on a quiet, tree-lined street near Midtown, California St, the Truckee River, downtown, and the airport. Walk-able, charming, and investment-ready.

Listed by Jonathan Wornardt — eXp Realty, LLC

Listing Details

Status Active
MLS # 250059324
Days on Market 133
Price/Sq Ft $421

Property History

Mar 21, 2026
Listed for sale
$725,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,724
Lot Size 0.12 acres
Stories 1
Year Built 1920
Property Type Single Family Residence
Subdivision Newlands Terrace
APN 011-202-08
Parking
Total Parking 2
Parking Features Additional Parking, Carport, Parking Pad, RV Access/Parking, Tandem
Exterior & Lot
Exterior Features Balcony, Dog Run, Rain Gutters
Lot Features Landscaped, Level
View City, Trees/Woods
Construction Frame, Plaster, Stucco, Unknown
Roof Composition, Pitched
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Hot Water, Natural Gas
Financial
Annual Tax $1,506
Schools
Elementary School Beck
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% ($145,000)
Home price
$725,000
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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