$840,000 Active Under Contract
650 John Fremont Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,544 Sq Ft

About This Property

This beautifully updated home showcases fresh interior and exterior paint, an inviting open floor plan, and a stunning fully renovated kitchen featuring brand-new cabinets, countertops, appliances, and an oversized island perfect for gathering. Luxury vinyl plank flooring flows throughout the common areas and bathrooms, complementing the home's modern aesthetic. Both bathrooms have been completely remodeled with new everything including LED mirrors. Comfort comes easy with a newer HVAC system—including air conditioning—and a new water heater. Additional upgrades include new black-framed exterior windows, a new garage door with opener, and thoughtfully refreshed landscaping. The front yard boasts natural grass, stepping stones, and a sprinkler system, while the backyard has been recently transformed with low-maintenance xeriscaping, offering beauty and efficiency for years to come.

Listed by Jalon Woodard — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 250058703
Days on Market 156
Price/Sq Ft $544

Property History

Dec 02, 2025
Listed for sale
$840,000
Current
Pending
$840,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,544
Lot Size 0.12 acres
Stories 1
Year Built 1974
Property Type Single Family Residence
Subdivision Newlands Manor
APN 011-283-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $2,229
Schools
Elementary School Beck
Middle School Swope
High School Reno
📊

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% ($168,000)
Home price
$840,000
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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