$549,000 Active Under Contract
995 Bates Avenue
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,984 Sq Ft
Virtual Tour

About This Property

Located in Old Southeast Reno near the vibrant Wells District, this charming home offers a rare combination of space, character, and location! With 1,984 square feet plus a 456 sq. ft. basement, there's plenty of room to live and entertain. Fresh interior paint, new carpet, and new kitchen counters provide a clean, move-in-ready feel. The primary suite features a double vanity and walk-in closet, while a unique bar room adds character and a perfect space for hosting. A rare 2-car detached garage completes the property—an uncommon find in this desirable neighborhood. Ideally situated near local dining, shopping, and all the charm the Wells District has to offer. Home could easily be turned into a 3 or 4 bedroom home. Call for details!

Listed by Gino Rossi — Ferrari-Lund Real Estate South

Listing Details

Status Active Under Contract
MLS # 260004139
Days on Market 29
Price/Sq Ft $277

Property History

Apr 08, 2026
Listed for sale
$549,000
Current
Pending
$549,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,984
Lot Size 0.20 acres
Stories 1
Year Built 1949
Property Type Single Family Residence
APN 013-183-16
Parking
Garage Spaces 2
Total Parking 4
Parking Features Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front
Roof Composition, Pitched
Foundation Crawl Space, Slab
Utilities & Systems
Heating Baseboard, Hot Water, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $1,125
Schools
Elementary School Veterans
Middle School Vaughn
High School Wooster
📊

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% ($109,800)
Home price
$549,000
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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