$385,000 Active Under Contract
745 Hood Avenue
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
960 Sq Ft
Virtual Tour

About This Property

A BRAND NEW ROOF sets the tone for this charming Reno gem — and that's just the beginning. Perfectly positioned near the University of Nevada, top-rated charter schools, vibrant Downtown Reno, and the Livestock Events Center, this 2-bedroom, 1-bath home with a versatile bonus room offers the best of Reno living in one of its most convenient locations. The new roof, paired with new fascia and fresh exterior trim paint, means you can move in with confidence knowing the big-ticket items are already done. Investors and savvy buyers take note — this property is zoned Multi-Family 30, opening the door to building additional units on the lot and maximizing your investment potential. Step outside to a large, serene backyard — ideal for pets, play, and entertaining — complete with a generous covered patio and a shed already in place, with room for more. Head to the top of the lot and take in stunning city views. Turnkey, updated, full of opportunity, and ideally located — don't miss this one!

Listed by Tammie Cox — Chase International-Damonte

Listing Details

Status Active Under Contract
MLS # 260004177
Days on Market 34
Price/Sq Ft $401

Property History

Apr 09, 2026
Listed for sale
$385,000
Current
Pending
$385,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 960
Lot Size 0.21 acres
Stories 1
Year Built 1948
Property Type Single Family Residence
Subdivision Hillview Terrace
APN 004-193-12
Parking
Total Parking 2
Parking Features Parking Pad
Exterior & Lot
Exterior Features Dog Run
Lot Features Level, Sloped Up, Sprinklers In Rear
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Financial
Annual Tax $562
Schools
Elementary School Cannan
Middle School Traner
High School Hug
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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% ($77,000)
Home price
$385,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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