$230,000 $245,000 ↓ $15,000 reduced Active Under Contract
157 Walner Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
480 Sq Ft

About This Property

Welcome to this charming and unique Reno property, offering an opportunity for affordable homeownership or investment potential. Situated on a fully fenced 0.115-acre lot, this 1-bedroom, 1-bath home maximizes its 480 square feet with a functional and comfortable layout. Inside, you?ll find a cozy living space filled with natural light, designed for simplicity and ease of living. New carpet and an extended space for laundry. The thoughtfully sized floor plan offers everything you need without the upkeep of a larger home perfect for those seeking a low-maintenance lifestyle. Step outside to a generously sized, fully fenced yard with plenty of room for pets, gardening, storage, or future possibilities. The outdoor space truly expands the usability of this property and offers flexibility that's hard to find at this price point. There is a shed recently installed and the exterior of the home has been painted. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property delivers value, space where it counts, and endless potential. Conveniently located near local amenities, this home combines practicality with opportunity.

Listed by Ashley McGill — Nevada Premier Properties LLC

Listing Details

Status Active Under Contract
MLS # 260008349
Days on Market 14
Price/Sq Ft $479

Property History

Jun 30, 2026
Listed for sale
$230,000
Jul 08, 2026
Price changed
$230,000
Jul 10, 2026
Pending
$230,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 480
Lot Size 0.12 acres
Stories 1
Year Built 1933
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 082-262-11
Parking
Total Parking 3
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Rolling Slope, Sloped Down
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Financial
Annual Tax $390
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys

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% ($46,000)
Home price
$230,000
Loan details
30-yr fixed, 6.5%
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