$699,000 Active Under Contract
7215 Marlin Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,941 Sq Ft
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About This Property

REDUCED, REDUCED, REDUCED...MOTIVATED SELLER.... POSSIBLE BUYERS CREDIT in escrow. This home, on 1 acre, is in good condition but seller realizes the bathrooms and flooring could use some sprucing up or buyer could use these funds for closing cost, rate reduction etc. The exterior of the home and workshop were paint about a year ago. This home has a large, beautiful kitchen with an extreme amount of upgraded cabinets, slab granite counter space plus a spacious island with sink. Open to the kitchen/dinning is a family/bonus room that is approximately 12X 20. Outside there is a covered entertainment area adjacent to a nearly completed outdoor kitchen/BBQ area, storage building, large workshop and room for more. You'll love the quiet setting with an end of street location that is also close to: schools, shopping and the freeway. There is a very attractive front lawn, a straight and circular driveway, a low maintenance front side yard with rock, scrubs, retaining wall and antique memorabilia. Tucked behind the fences is a 12X10 tool shed and a 3 sided 30X30 covered metal storage building large enough to keep heavy equipment, cars, trucks and/or RV's out of the elements. Need more; how about a 32X42 cement floor workshop with: electricity, water, work sink, toilet, heat, a 15 +/- foot work bench, extra storage room with compressor and a loft. Connected to the workshop is a 11X32 foot carport with a 4 foot rollup back door. The back part of this 1 acre lot, even with the outbuildings, is situated to still allow ample space for other projects and is zoned for horses.

Listed by Richard Rogers — Reno Sparks Realty, LLC

Listing Details

Status Active Under Contract
MLS # 250058785
Days on Market 156
Price/Sq Ft $360

Property History

Dec 04, 2025
Listed for sale
$699,000
Current
Pending
$699,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,941
Lot Size 1.03 acres
Stories 1
Year Built 1978
Property Type Single Family Residence
Subdivision Steadfield Estates 1
APN 552-112-02
Parking
Garage Spaces 5
Total Parking 8
Parking Features Carport, Garage, Garage Door Opener, Heated Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue
Lot Features Level, Sprinklers In Front
View Mountain(s)
Construction Frame, Unknown
Roof Composition, Pitched
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Forced Air, Oil, Pellet Stove
Cooling Central Air
Financial
Annual Tax $2,121
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
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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% ($139,800)
Home price
$699,000
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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