$400,000 Active
0 Chevy Chase Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Calling all buyers looking to build a custom home in Reno and investors searching for their next ground-up residential development opportunity. This rare 0.35-acre vacant lot near Midtown Reno offers a level, build-ready homesite with NO HOA, excellent flexibility for your future plans, and downtown Reno city views. Situated on a corner lot, the property features level topography that may help simplify grading and site preparation while providing additional frontage, usable outdoor space, and design flexibility. Whether you're envisioning a custom primary residence, modern infill home, or your next Reno investment project, this property offers an increasingly hard-to-find opportunity to build in an established central Reno location. Enjoy convenient access to Midtown Reno, Downtown Reno, the University of Nevada, Reno (UNR), I-80, and US-395, along with nearby shopping, restaurants, breweries, coffee shops, and everyday amenities. Virginia Lake Park and Washoe Golf Course are also just minutes away, putting parks, recreation, walking paths, and golf close to home. With 0.35 acres, level terrain, a corner location, downtown city views, and no HOA, this Reno homesite offers an exceptional combination of location and potential. Bring your builder and your vision, vacant buildable lots this close to Midtown Reno are increasingly difficult to find.

Listed by Dilyn Rooker — Marmot Properties, LLC

Listing Details

Status Active
MLS # 260010520

Property History

Aug 14, 2026
Listed for sale
$400,000
Property Overview
Lot Size 0.35 acres
Property Type Land
STR Jurisdiction Washoe County
APN 019-033-66
Exterior & Lot
Lot Features Corner Lot, Cul-De-Sac, Sidewalks
View City
Financial
Annual Tax $622
Schools
Elementary School Beck
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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
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