$475,000 Active Under Contract
9421 Wigwam Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,471 Sq Ft

About This Property

Opportunity knocks at 9421 Wigwam! The home has recently been cleaned out and the interior refreshed, making it much easier to see the potential. With a little sweat equity—fresh paint, new flooring, and updating throughout—you can transform this property into something special. Priced for its condition, the home offers a traditional layout with a living room, dining room, family room, and a spacious primary bedroom, but it is in original condition and ready for renovation. Some systems, appliances, windows, and fireplace components will need repair or replacement, and both the interior and exterior are ready for improvement. The major clean-out has already been completed, though some items remain in the sheds. Pre-inspections have been completed and are available in the documents, and an appraisal is available upon request. The property is being sold as-is, and all personal property in the three storage units will convey with the sale at no cost to the seller. A great opportunity for a buyer ready to bring their vision to life.

Listed by Melissa Meneses — Dickson Realty - Damonte Ranch

Listing Details

Status Active Under Contract
MLS # 260000030
Days on Market 127
Price/Sq Ft $323

Property History

Jan 02, 2026
Listed for sale
$475,000
Current
Pending
$475,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,471
Lot Size 1.16 acres
Stories 1
Year Built 1974
Property Type Single Family Residence
APN 552-040-64
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot
View Mountain(s)
Construction Brick Veneer
Roof Asphalt, Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Oil
Cooling Evaporative Cooling
Financial
Annual Tax $1,571
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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