$1,950 Active
121 Caliente Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
2.0 Baths
·
1,125 Sq Ft

About This Property

Coming Soon!!! Start your summer off right in this cozy Midtown Reno home, available NOW! This charming 1-bedroom, 2-bathroom home offers an open floor plan, perfect for entertaining friends and family. Upstairs, you'll find a serene bedroom with a private bathroom. Both bathrooms feature a convenient shower/tub combo. The fully-equipped kitchen is ideal for home cooks, with ample cabinet space and modern appliances. Plus, you'll have two dedicated parking spots right in front of the home. Experience the best of Midtown living, with a wide array of shops, restaurants, and nightlife just moments away. And for those who love the outdoors, the scenic Riverwalk is a drive away. Refrigerator, washer and dryer are available for tenants' use. Pets are welcome on owner approval. Tenant Responsibilities & Fees Utilities: Tenants are responsible for all utilities. Garbage, Water & Sewer: 129 Power: tenants are responsible Rent: 1,950 Security Deposit: 2,050 One Time Administrative Fee: 195 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260008366
Price/Sq Ft $2

Property History

Jun 30, 2026
Listed for sale
$1,950
Property Overview
Beds 1
Baths 2.0
Sq. Ft. 1,125
Lot Size 0.16 acres
Stories 2
Property Type Duplex
Subdivision Sierra Vista Tract
STR Jurisdiction Washoe County
APN 014-121-04
Exterior & Lot
Exterior Features None
Utilities & Systems
Heating Natural Gas
Cooling Central Air, Refrigerated
Schools
Elementary School Mt. Rose
Middle School Swope
High School Reno
📊

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
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% ($390)
Home price
$1,950
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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