$445,000
Active Under Contract
1305 Princess Avenue
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
1.0
Baths
·
1,040
Sq Ft
About This Property
Fully remodeled, and ready to go! Step into your new home in midtown, with a large corner lot! The backyard has endless possibilities, and is a blank slate ready to be re-envisioned. Inside, new flooring, paint, bathroom remodels, and a brand new tankless water heater, it is ready to move right in. Close proximity to midtown allows you to be at your favorite restaurants or hangout spot in minutes. Schedule your showing today!
Listed by Kyle Carrothers — eXp Realty, LLC
Listing Details
Status
Active Under Contract
MLS #
260005332
Days on Market
7
Price/Sq Ft
$428
Property History
May 01, 2026
Listed for sale
$445,000
Current
Pending
$445,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,040
Lot Size
0.21 acres
Stories
1
Year Built
1954
Property Type
Single Family Residence
Subdivision
Morton 3
APN
013-381-02
Parking
Garage Spaces
1
Total Parking
1
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Dog Run
Lot Features
Corner Lot, Landscaped, Level, Sprinklers In Front
View
Peek
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Baseboard, Natural Gas
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$850
Schools
Elementary School
Veterans
Middle School
Vaughn
High School
Wooster
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($89,000)
Home price
$445,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
