$439,000 Active
54 Locust Drive
Yerington, NV 89447
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,552 Sq Ft
Virtual Tour

About This Property

Welcome to 54 Locust Street in Yerington, a unique property situated on 2 acres, offering space, versatility, and so many possibilities! One of the standout features is the separate 1,288 sq. ft. casita with its own private entrance, creating an ideal setup for multi-generational living, guests, a private home office, or additional living space. The property is ready for those looking to enjoy a more self-sufficient lifestyle, featuring chicken coops, a small orchard, and a dedicated irrigation well separate from the home's city water service a convenient feature for maintaining the property's outdoor spaces. Need room for your hobbies, projects, toys, or equipment? You'll love the workshop and RV storage, providing valuable additional space that's hard to find. With 2 acres to spread out and enjoy, a spacious separate casita, flexible multi-generational living, potential income opportunities, and the added convenience of a separate irrigation well, 54 Locust offers a combination of features that truly sets it apart. Come see all the possibilities this Yerington property has to offer!

Listed by Melissa Lan — Compass

Listing Details

Status Active
MLS # 260010579
Price/Sq Ft $283

Property History

Aug 15, 2026
Listed for sale
$439,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,552
Lot Size 2.00 acres
Stories 1
Year Built 1986
Property Type Single Family Residence
APN 004-151-08
Parking
Garage Spaces 2
Total Parking 10
Parking Features Additional Parking, Garage, Garage Door Opener, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s)
Lot Features Landscaped
View Mountain(s)
Roof Shingle
Foundation Concrete Perimeter
Utilities & Systems
Heating Pellet Stove, Propane
Cooling Central Air
Financial
Annual Tax $2,160
Schools
Elementary School Yerington
Middle School Yerington
High School Yerington
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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% ($87,800)
Home price
$439,000
Loan details
30-yr fixed, 6.5%
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