$525,000
Active
765 Montana Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,296
Sq Ft
About This Property
Five thousand dollar credit offered to buyer/s at COE. Newer roof (2025), HVAC (2025), Sewer line (2025), new siding and windows (2017), fresh interior paint (2026), Well maintained 1296 sq. ft, single story 3 bed, 2 bath, 2 car garage home located in old Northwest Reno. Hardwood in the main living areas (plus under carpet) and bedrooms. Great house to host family gatherings or get togethers. Wonderful location, top of Old Northwest Reno - easy access to I-80, McCarran, shopping, restaurants, schools and a quick drive to the Reno Tahoe International airport. No HOA - Video cameras outside of the house & in garage - will be taken down at close of esxrow.
Listed by Kathy Leggett — Dickson Realty - Damonte Ranch
Listing Details
Status
Active
MLS #
260010202
Price/Sq Ft
$405
Property History
Aug 07, 2026
Listed for sale
$525,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,296
Lot Size
0.18 acres
Stories
1
Year Built
1962
Property Type
Single Family Residence
Subdivision
Capitol Heights 1
STR Jurisdiction
Washoe County
APN
005-082-23
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters, None
Lot Features
Level, Sprinklers In Front, Sprinklers In Rear
Roof
Asphalt, Composition, Pitched
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air
Cooling
Central Air
Financial
Annual Tax
$1,034
Schools
Elementary School
Elmcrest
Middle School
Clayton
High School
McQueen
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
