$1,600 Active

618 Spokane Street #1/2

Reno, NV 89512

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STR Status Unknown

2 Beds

1.0 Baths

777 Sq Ft

Our data on this home

Home insurance $1,100 – $1,600/yr Standard homeowners policy

About This Property

Beautiful home conveniently located near UNR and Downtown Reno. The modern kitchen features ample cabinet space, a large quartz island, and stainless steel appliances. The remodeled bathroom offers a shower over the tub and a single vanity. Both bedrooms feature LVP flooring, spacious closets, and plenty of natural light. Additional storage is available in the finished basement. Enjoy a private backyard and convenient off-street parking. Located close to shopping, dining, entertainment, UNR, and Downtown Reno.

Listed by Donal Minihan — RE/MAX Professionals-Reno

Listing Details

Status Active

MLS # 260012771

Days on Market 17

Price/Sq Ft $2

Property History

Oct 06, 2026

Listed for sale

$1,600

Property Overview

Beds 2

Baths 1.0

Sq. Ft. 777

Lot Size 0.05 acres

Stories 1

Property Type Single Family Residence

Subdivision Leete Syndicate Addition

APN 008-195-12

Exterior & Lot

Exterior Features None

Lot Features Level

View Mountain(s)

Pool & Spa

Pool No

Utilities & Systems

Heating Electric, Heat Pump

Cooling Electric, Heat Pump, Refrigerated

Schools

Elementary School Booth

Middle School Traner

High School Wooster

HOA & Community

Community Amenities None

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Home Insurance Estimate

Standard homeowners policy for this home

$1,100 – $1,600/yr

about $112/mo

Est. Rebuild Cost (Coverage A)

$326,340

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$122 per month

Principal & interest

$8/mo

Property taxes

$1/mo

Estimated at 0.43% of the price, what bills here typically run: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$113/mo

Estimated ~$1,100–$1,600/yr — get a local broker quote for accuracy.

Down payment

20% ($320)

Home price

$1,600

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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