$529,000 Active
960 Ralston Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
871 Sq Ft

About This Property

This remodeled charming updated home is walking distance to the University of Nevada-Reno campus. Located in the Old Northwest area built in 1942 with a completely fenced yard and detached oversized garage! The property features 2 bedrooms and 1 bathroom within 871 square feet of living space. Additionally, there is an 871 square-foot unfinished basement not included in the listed square footage. It is directly next to the famous Pub N Sub sandwich shop! The home boasts a fully fenced yard with wrought iron fencing in front and privacy enclosed fencing in back, complete with a drive-gate. The exterior is brick & the yard includes an oversized 1 car detached garage accessed by it's own side-yard closing gate. The interior has been remodeled, offering modern amenities while retaining its historic charm. The kitchen is equipped with updated stainless steel appliances, quartz counters, and a breakfast bar. The bathroom is newly remodeled with quartzite counters and a festive tiled shower. This is a great entertainment home and unique location that cannot be duplicated! Offering duo zoning - Neighborhood Commercial. This home is protected by Old Republic Home Warranty with seller's coverage, to be transferred to buyer at close of escrow. Detached Garage driveway is estimated 25 feet to the garage door from side gate. The garage door is estimated 94 inches wide and 80 inches high. Garage is 22 feet long.

Listed by Jaymie Morris — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 250000747
Days on Market 473
Price/Sq Ft $607

Property History

Jan 22, 2025
Listed for sale
$529,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 871
Lot Size 0.12 acres
Stories 1
Year Built 1942
Property Type Single Family Residence
Subdivision St George Addition
APN 007-164-15
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Brick
Roof Composition, Pitched, Shingle
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $984
Schools
Elementary School Peavine
Middle School Clayton
High School Reno
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($105,800)
Home price
$529,000
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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