$774,900 Active
1870 Alexander Hamilton Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,572 Sq Ft

About This Property

Unique property that doesn't come up very often, great location. A rare opportunity in a desirable neighborhood! This 4-bedroom, 2 bath, 1,572 sq. ft home is the perfect property for investors or homeowners that can visualize the potential of a diamond in the rough! Per the assessor, there are two buildings on the lot, the front home is 1,572 sq ft, and the second building is 792 sq ft. Located in desirable Old Southwest Reno, this home offers endless potential for the savvy buyer looking to renovate and create their dream space. Original hardwood floors, cozy wood burning fireplace with insert, country living feel, park like atmosphere, no Hoa! Property is being sold in "its present condition". Long driveway to extra-large backyard, plenty of room for RV parking and all of your toys. With .35 acres (15,246 sq ft), this lot provides more privacy, outdoor living space, gardening potential, and future flexibility. Fenced-in, private backyard where you can enjoy peaceful summer evenings with family and friends. Enjoy being just minutes from Idlewild Park, Midtown, restaurants, and community events. Roy Gomm, Swope Middle, and Reno High School are just minutes away. Close to Truckee River, Idlewild park and quick freeway access to I-80 this property is central to a vibrant lifestyle. Subject to tenants' rights. Tenants occupying the home, month to month.

Listed by Shane Avansino — Ink Realty

Listing Details

Status Active
MLS # 260009114
Price/Sq Ft $493

Property History

Jul 17, 2026
Listed for sale
$774,900
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,572
Lot Size 0.35 acres
Stories 1
Year Built 1956
Property Type Single Family Residence
Subdivision River Mount Park
STR Jurisdiction Washoe County
APN 018-012-03
Parking
Total Parking 4
Parking Features Additional Parking, Carport, Detached, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Level
Construction Asbestos
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $2,793
Schools
Elementary School Gomm
Middle School Swope
High School Reno
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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% ($154,980)
Home price
$774,900
Loan details
30-yr fixed, 6.5%
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