$325,000
Active Under Contract
825 Capitol Hill 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
·
984
Sq Ft
About This Property
Opportunity is knocking! This Reno gem is packed with potential. Featuring 2 bedrooms, 2 bathrooms, 984 sq ft, plus a bonus office and a large rec room—there's more space here than meets the eye. Located just minutes from Midtown Reno and the VA Sierra Nevada Health Care facility, and walking distance to the future Reno's Pro Soccer stadium and "The Boulevard" Development, this is a prime spot to invest. Yes, it needs some TLC—but the big-ticket items are done with a newer roof (2020) and furnace (2023). Add in fenced yards, off-street parking, and a storage shed, and you've got the perfect project with serious upside.
Listed by Simon Bradbury — Coldwell Banker Select Reno
Listing Details
Status
Active Under Contract
MLS #
260005514
Days on Market
7
Price/Sq Ft
$330
Property History
May 04, 2026
Listed for sale
$325,000
Current
Pending
$325,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
984
Lot Size
0.17 acres
Stories
1
Year Built
1953
Property Type
Single Family Residence
Subdivision
Morton 2
APN
013-385-20
Parking
Total Parking
2
Parking Features
Additional Parking
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Level
Roof
Composition, Shingle
Foundation
Slab
Utilities & Systems
Heating
Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax
$750
Schools
Elementary School
Veterans
Middle School
Vaughn
High School
Wooster
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% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
