$730,000 Active
955 Demos Court
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
2,960 Sq Ft

About This Property

Step inside this spacious home with fantastic views of downtown Reno and the mountains behind it! Envision yourself on the primary suite balcony, or on the back patio relaxing next to a fruit tree while enjoying the city lights! Situated across McCarran Blvd from UNR, this property is near education facilities, Rancho San Rafael, shopping centers, and more! This property has been well maintained since it was purchased, and has barely been lived in! It has three bedrooms and 2.5 bathrooms upstairs, and a bedroom with ensuite bathroom on the main floor with a wide hall area that can be utilized as an office space, additional hangout space, or however you best see fit. The upstairs area boasts a large, open concept floor plan from the kitchen/dining area into the living room. One of the bathrooms has double sinks and adjoins two separate bedrooms, and the primary bedroom has a spacious bathroom with double sinks, a shower stall, and garden tub. The landscaping is low-maintenance and xeriscaped for those who prefer less yardwork, and the driveway is south-facing which will help melt snow on snowy days! Don't miss this opportunity!

Listed by Ellen Lan — All Star Realty

Listing Details

Status Active
MLS # 260008377
Days on Market 1
Price/Sq Ft $247

Property History

Jun 30, 2026
Listed for sale
$730,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,960
Lot Size 0.33 acres
Stories 2
Year Built 2007
Property Type Single Family Residence
Subdivision University Heights 2 Phase 5
STR Jurisdiction Washoe County
APN 003-462-36
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Sloped Up
View City, Desert, Mountain(s)
Construction Stucco
Roof Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,035
HOA / Community University Ridge
Schools
Elementary School Peavine
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities None
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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% ($146,000)
Home price
$730,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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