$549,000
Active
688 Arbutus Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
1,140
Sq Ft
About This Property
Charming Old Reno home close to Midtown and Idlewild Park. The interior is updated and features beautiful wood like vinyl flooring and a brick fireplace. THe two bedrooms are spacious for the age of this home. The garage conversion includes a built in Murphy bed to offer a third sleeping or multi use space. The yard is spacious with mature landscaping and a storage bungalow. Live in the ideal Reno location, close to everything! New roof 2024, new water heater 2025, New dishwasher and garbage disposal 2025, new flooring in front bedroom 2024, new backyard gravel/fire pit area, and new paint in living room, dining room and bedrooms.
Listed by Margaret Kazmierski — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260006964
Days on Market
1
Price/Sq Ft
$482
Property History
Jun 01, 2026
Listed for sale
$549,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
1,140
Lot Size
0.14 acres
Stories
1
Year Built
1947
Property Type
Single Family Residence
Subdivision
Westfield Village
STR Jurisdiction
Washoe County
APN
010-181-52
Parking
Parking Features
None
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction
Frame
Roof
Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Evaporative Cooling
Financial
Annual Tax
$992
Schools
Elementary School
Hunter Lake
Middle School
Swope
High School
Reno
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% ($109,800)
Home price
$549,000
Loan details
30-yr fixed, 6.5%
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