$400,000 Active
550 S Verdi Road
Verdi, NV 89439
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,207 Sq Ft

About This Property

Located on a quiet, tucked-away road just off S Verdi Rd, this 0.37-acre property offers a unique opportunity in the growing Verdi area. The existing home, built in 1908, and detached garage/storage structure are in need of significant renovation, or the property could be redeveloped to accommodate new construction. The lot itself is level and usable, providing a solid foundation for a variety of possibilities. The property includes an older well and septic system in which their conditions are unknown but will require attention, along with water rights from the Steamboat Ditch. With convenient access to I-80, the location allows for an easy commute to Reno and nearby California while still maintaining a more private setting. As development continues in Verdi and available land becomes more limited—particularly without HOA restrictions—this property presents a compelling option for investors, builders, or buyers looking to create a custom home. Seller determined the inside is not safe for showings. See interior photos.

Listed by Jason Seever — Realty One Group Eminence

Listing Details

Status Active
MLS # 260004082
Days on Market 30
Price/Sq Ft $331

Property History

Apr 08, 2026
Listed for sale
$400,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,207
Lot Size 0.37 acres
Stories 2
Year Built 1908
Property Type Single Family Residence
Subdivision Lett`S Addition To Verdi
APN 038-420-13
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Roof Shingle
Foundation Crawl Space
Utilities & Systems
Heating Wood Stove
Financial
Annual Tax $1,065
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373