$425,000
Active Under Contract
3035 Everett Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
3.0
Baths
·
1,640
Sq Ft
About This Property
Investor Special! This 2 story, 3 bed 3 bath home in an amazing location is looking for its next revamp! Priced well below market value. Minutes from schools, shopping, and downtown Reno. Amazing views from the backyard. Probate sale subject to court approval and overbid process.
Listed by Brandon Wright — LPT Realty, LLC
Listing Details
Status
Active Under Contract
MLS #
260003540
Days on Market
41
Price/Sq Ft
$259
Property History
Mar 27, 2026
Listed for sale
$425,000
Current
Pending
$425,000
Property Overview
Beds
3
Baths
3.0
Sq. Ft.
1,640
Lot Size
0.23 acres
Stories
2
Year Built
1972
Property Type
Single Family Residence
Subdivision
Nancy Heights 3
APN
005-145-18
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Dog Run
Lot Features
Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View
City, Mountain(s), Trees/Woods, Valley
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Fireplace(s), Natural Gas
Cooling
Evaporative Cooling
Financial
Annual Tax
$1,337
Schools
Elementary School
Warner
Middle School
Clayton
High School
McQueen
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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
