$309,000
Active Under Contract
632 Quincy Street
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
779
Sq Ft
About This Property
Investor Opportunity! Two homes on one lot with tremendous potential. The front home is currently under construction, and the seller will not be completing any additional work. Improvements already completed include new kitchen cabinets, granite slab countertops, recessed lighting, ceiling fans, and an installed microwave. A bath/shower unit is included and ready for installation. Both homes are being sold as-is in their current condition. Use caution when entering the front home, as it is an active construction site. Enter at your own risk.
Listed by Felisa Cusimano-Martin — Dickson Realty - Sparks
Listing Details
Status
Active Under Contract
MLS #
260008170
Price/Sq Ft
$397
Property History
Jun 25, 2026
Listed for sale
$309,000
Current
Pending
$309,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
779
Lot Size
0.13 acres
Stories
1
Year Built
1934
Property Type
Single Family Residence
Subdivision
Leete Syndicate Addition
STR Jurisdiction
Washoe County
APN
008-197-14
Parking
Total Parking
2
Parking Features
None
Exterior & Lot
Exterior Features
None
Lot Features
Level
Construction
Brick, Frame
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space, Stone, None
Utilities & Systems
Heating
Natural Gas, Wall Furnace
Financial
Annual Tax
$1,237
Schools
Elementary School
Booth
Middle School
Vaughn
High School
Wooster
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% ($61,800)
Home price
$309,000
Loan details
30-yr fixed, 6.5%
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