$950,000 Active
1417 Lander Street
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
·
2,156 Sq Ft

About This Property

Two Homes, One Property — Exceptional Midtown Investment and/or Multi-Generational Opportunity A rare opportunity in a premier Reno location! This unique property features two detached residences, each with its own private gated yard, offering outstanding flexibility for investors, multi-generational living, extended family, guests, or those looking to live in one home while generating income from the other. The primary residence facing Lander Street offers 2,156 square feet with 4 bedrooms, 2 bathrooms, and a 1-car garage. The second detached residence, located at 1415 Lander Street and conveniently accessed from the rear alley, features approximately 849 square feet with 2 bedrooms, 1 bathroom, and a 1-car carport. Both homes enjoy their own lovely gated outdoor spaces, creating a sense of privacy and separation between the residences. Located in one of Reno's most desirable central areas, the property puts residents close to local coffee shops, dining, shopping, and many of Midtown's popular neighborhood hot spots, while still offering the space and versatility of two separate homes. Whether you're searching for an investment, multi-generational property, private guest quarters, or a home with additional rental potential, this property offers possibilities that are increasingly hard to find in such a convenient location. Both residences are currently tenant-occupied and subject to tenant rights. Drive-by only at this time. Please do not disturb tenants.

Listed by Lindsey Pena — Chase International-Damonte

Listing Details

Status Active
MLS # 260011397
Days on Market 3
Price/Sq Ft $441

Property History

Sep 03, 2026
Listed for sale
$950,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,156
Lot Size 0.15 acres
Stories 2
Year Built 1956
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 014-104-06
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Natural Gas
Cooling Electric
Financial
Annual Tax $2,260
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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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