$399,000 Active Under Contract
13616 Mt Olympus Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.5 Baths
·
1,040 Sq Ft

About This Property

Start your next chapter in the heart of Reno's North Valleys at 13616 Mount Olympus Dr. This home offers the perfect blend of space, freedom, and convenience—ideal for those who value both comfort and adventure. Enjoy the ease of everyday living with a spacious lot that gives you room to spread out, entertain, and store your RV, trailer, or weekend toys with ease. Whether it's morning coffee with mountain views or evenings spent planning your next outdoor escape, this property supports the lifestyle Northern Nevada is known for. Recently updated with fresh interior/exterior paint and a newer roof, this home is move-in ready and well-maintained. Enjoy a covered patio, perfect for relaxing, entertaining, or enjoying Reno's beautiful seasons year-round. Located just minutes from major commuter routes, you'll have quick access to Downtown Reno, local shopping, dining, and nearby schools—making daily life simple while keeping you connected to everything the area has to offer. Perfect for first-time buyers ready to put down roots or investors looking for a solid opportunity, this home delivers value, flexibility, and the Reno lifestyle all in one.

Listed by Sage Ball — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260003142
Days on Market 49
Price/Sq Ft $384

Property History

Mar 19, 2026
Listed for sale
$399,000
Current
Pending
$399,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,040
Lot Size 0.21 acres
Stories 1
Year Built 2003
Property Type Single Family Residence
Subdivision Sierra View Estates 1
APN 086-736-07
Parking
Garage Spaces 1
Total Parking 1
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Landscaped, Level
View Mountain(s), Peek
Roof Asphalt, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,738
HOA Fee $70 / Monthly
HOA / Community Sierra View Estates Home-Owners Association
Schools
Elementary School Desert Heights
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
📊

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% ($79,800)
Home price
$399,000
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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