$300,000
Active Under Contract
12323 Rocky Mountain Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
988
Sq Ft
About This Property
Well cared for and full of flexibility, this 2-bedroom, 1-bath home features a new roof in 2025 and thoughtful updates throughout. A bonus enclosed room offers options for a small 3rd bedroom, office, or dining space. The beautifully renovated bathroom and luxury laminate flooring add a modern touch, while the covered patio and private backyard with fencing create an inviting outdoor space. An 11' x 13' non-permitted garage conversion provides added utility or can be converted back to a 1-car garage. Complete with a 12' x 8' shed and well-maintained exterior, this home delivers strong value for the neighborhood.
Listed by Jordan Ames — eXp Realty, LLC
Listing Details
Status
Active Under Contract
MLS #
260004610
Days on Market
22
Price/Sq Ft
$304
Property History
Apr 16, 2026
Listed for sale
$300,000
Current
Pending
$300,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
988
Lot Size
0.05 acres
Stories
1
Year Built
1950
Property Type
Townhouse
APN
086-471-43
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Detached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$472
HOA Fee
$150 / Monthly
HOA / Community
High Sierra Ranch
Schools
Elementary School
Desert Heights
Middle School
OBrien
High School
North Valleys
HOA & Community
Community Amenities
None
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% ($60,000)
Home price
$300,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
