$629,000 Active
731 Arbutus Street
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
·
1,245 Sq Ft

About This Property

Largest home in Westfield Village, plus a detached ADU. The main living spaces feature vintage hardwood floors, custom paint, cozy gas fireplace and upgraded bathrooms. The fully fenced back yard is ideal for dog ownership. Enjoy warm summer nights on the BBQ patio or some horticulture in "Gabby's Garden". A pavers walkway leads you to the 525 SqFt ADU, which could also be extra storage, garage, Man-Cave or She-shed, with power, heating and cooling. Bring your boat or RV, there is an augmented and gated parking pad. Located in the heart of Reno, only 15 minutes from the Reno/Tahoe International Airport, and 40 minutes from the natural splendor of Lake Tahoe. Nevada residents enjoy zero state income tax.

Listed by Todd Disbrow — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260008443
Days on Market 1
Price/Sq Ft $505

Property History

Jul 01, 2026
Listed for sale
$629,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,245
Lot Size 0.15 acres
Stories 1
Year Built 1946
Property Type Single Family Residence
Subdivision Westfield Village
STR Jurisdiction Washoe County
APN 010-195-07
Parking
Garage Spaces 1
Total Parking 4
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,013
Schools
Elementary School Hunter Lake
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
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% ($125,800)
Home price
$629,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe .

Or call directly: 530.613.5207