$150,000
Active Under Contract
0 Marthiam
Reno, NV 89509
STR Status Unknown
About This Property
Introducing an opportunity to own a piece of Reno that offers privacy with beautiful views of the city. If you are looking to build your dream residence, this hillside location provides unique possibilities. Sellers have a set of home plans, survey, grading bid, utility easement outline, and soil test available upon request. Seller is a licensed contractor in Nevada and would be willing to do a JV.
Listed by The Rasner Team — Reno/Tahoe Realty Group, LLC
Listing Details
Status
Active Under Contract
MLS #
240001225
Days on Market
822
Property History
Apr 03, 2026
Listed for sale
$150,000
Current
Pending
$150,000
Property Overview
Lot Size
1.03 acres
Property Type
Land
Subdivision
Home Orchard
APN
018-273-48
Exterior & Lot
Lot Features
Level, Open Lot, Sloped Down, Corners Marked, Curbs, Sidewalks
View
City, Mountain(s), Peek, Trees/Woods
Financial
Annual Tax
$936
Schools
Elementary School
Caughlin Ranch
Middle School
Swope
High School
Reno
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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($30,000)
Home price
$150,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
