$530,000 Active
1620 Harold Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. Montclair Villas HOA allows short-term rentals.
4 Beds
·
2.0 Baths
·
1,650 Sq Ft

About This Property

Turnkey Income Opportunity | Live in One, Rent the Other! Welcome to this fully renovated, turnkey home with incredible duplex potential—perfect for an owner-occupant looking to offset their mortgage or an investor seeking a move-in-ready income property. From the moment you arrive, you'll notice the fresh exterior paint and brand-new roof, setting the tone for the quality found throughout. Inside, the appeal continues with new vinyl windows, cohesive interior paint, and stylish luxury vinyl plank flooring across both levels. The main-level kitchen has been completely transformed with new cabinetry, stunning quartz countertops, and stainless steel appliances. A beautifully renovated hall bathroom features a walk-in shower, floor-to-ceiling tile, and a sleek glass shower door. Each bedroom is generously sized, offering comfort and flexibility. Downstairs, you'll find a fully renovated second living space complete with a brand-new kitchen, stainless steel appliances, an expansive living room, two additional bedrooms, and a completely updated bathroom—ideal for a second unit, in-law suite, or rental. Outside, the backyard has been thoughtfully improved with leveling and new fencing, creating two separate outdoor areas so each unit can enjoy its own private space. All of this is ideally located just steps from Lake Park and conveniently close to the University, making this property attractive for both homeowners and renters alike. This is a rare opportunity to own a beautifully updated, flexible property in a prime location—schedule your showing before it's gone.

Listed by Brandon Goles — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 250059173
Days on Market 141
Price/Sq Ft $321

Property History

Dec 17, 2025
Listed for sale
$530,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,650
Lot Size 0.18 acres
Stories 2
Year Built 1950
Property Type Single Family Residence
Subdivision Lake Park Heights
APN 002-261-07
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Heat Pump
Cooling Heat Pump
Financial
Annual Tax $769
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% ($106,000)
Home price
$530,000
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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Or call directly: (530) 317-0373