$285,000 Active Under Contract
11932 Rocky Mountain Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
988 Sq Ft

About This Property

Charming mid-century townhome built with timeless construction! Cozy 2-bedroom, 1-bath home sits on a generous .17 acre lot. A one-car garage adds convenience, with a breezeway patio connecting the structures with so much potential for a dreamy backyard patio! The solid structure and timeless layout offer a perfect canvas for personalization. With other comparables selling at above $300,000 this property presents a compelling opportunity for both homeowners and investors alike. Nestled in a friendly community near schools, parks, and essential services—including St. Mary's Urgent Care North Valleys—this home offers both comfort and convenience. Whether you're looking to renovate or move right in, this property is ready to welcome its next chapter. In Wall A/C unit in the garage included!

Listed by Arturo Rangel — Epique Realty

Listing Details

Status Active Under Contract
MLS # 260002524
Days on Market 62
Price/Sq Ft $288

Property History

Mar 07, 2026
Listed for sale
$285,000
Current
Pending
$285,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 988
Lot Size 0.17 acres
Stories 1
Year Built 1950
Property Type Townhouse
Subdivision Peavine Estate
APN 086-761-07
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sloped Down
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $451
HOA Fee $65 / Monthly
HOA / Community Western Nevada Management Peavine Estates
Schools
Elementary School Stead
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
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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% ($57,000)
Home price
$285,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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