$1,199,000 Active
1295 Mark Twain Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
2,732 Sq Ft
Virtual Tour

About This Property

Beautifully updated home in the highly desirable Old Southwest Reno neighborhood. Situated on a corner lot, this property is filled with natural light and showcases well-maintained hardwood floors throughout the main living areas. The primary suite is conveniently located on the main level, along with a half bath just off the kitchen for guests. The gorgeous kitchen features soft-close cabinetry and stainless steel appliances, blending style and functionality. Upstairs, you'll find a secondary ensuite bedroom, offering privacy and flexibility for guests or family members. The finished basement provides additional living space, ideal for a playroom, game room, or secondary living area. It also includes two additional bedrooms and a large, beautifully updated bathroom. A generous laundry room with storage cabinets adds convenience and practicality. Step outside to the backyard featuring an uncovered cement patio, a grassy area for play, and a two-car garage. A wonderful opportunity to own an updated home in one of Reno's most established and sought-after neighborhoods.

Listed by Karen Walker-Hill — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260002263
Days on Market 70
Price/Sq Ft $439

Property History

Mar 02, 2026
Listed for sale
$1,199,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,732
Lot Size 0.15 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Subdivision Arlington Heights Suburban Home Tracts
APN 014-012-13
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Brick Veneer
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Attic Fan, Central Air, Electric
Financial
Annual Tax $1,708
Schools
Elementary School Beck
Middle School Swope
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% ($239,800)
Home price
$1,199,000
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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