$574,900 Active
905 Sherman Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,612 Sq Ft

About This Property

Bring your horses or toys! First time on the market! Lovingly maintained by owner for years, this move-in-ready single-story home offers 3 bedrooms and 2 full bathrooms. Recent updates include brand-new carpet and fresh interior paint, providing a clean and welcoming feel throughout. Enjoy Nevada's stunning mountain views from the picture window and enjoy the screened-in porch, perfect for relaxing or entertaining year-round. Up to 2 horses allowed and room to embrace a country lifestyle, this property offers a rare combination of privacy, scenery, and convenience just minutes from Reno. Don't miss this exceptional opportunity to own a well-cared-for home that's ready for its next chapter.

Listed by Amanda Alfaro — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260007579
Days on Market 1
Price/Sq Ft $357

Property History

Jun 12, 2026
Listed for sale
$574,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,612
Lot Size 0.98 acres
Stories 1
Year Built 1976
Property Type Single Family Residence
Subdivision Sherman 1
STR Jurisdiction Washoe County
APN 552-122-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
View Mountain(s)
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Oil
Cooling Evaporative Cooling
Financial
Annual Tax $1,629
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
📊

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% ($114,980)
Home price
$574,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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