$400,000 Active
1449 E 7th Street
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·

About This Property

Great opportunity to own a 0.33-acre parcel with two single-family structures and MU (Mixed-Use) zoning, just minutes from I-80 for an easy commute anywhere in the Truckee Meadows. The front house is a 3-bedroom, 1-bath home built in 1960 with 1,045 square feet. It features a cozy fireplace, and forced-air heating. A comfortable primary residence or solid rental from day one. The back house is a 1932-era cottage at 995 square feet with 1 bedroom, 1 bath, a fireplace, and 1.5-story layout — a perfect rehab project. Bring your vision and sweat equity to create a second income-producing unit or guest house. The oversized, Mixed Use zoned lot — over 14,000 square feet — offers generous room to build, add an ADU, expand, or develop further.

Listed by Christopher Moton — Marmot Properties, LLC

Listing Details

Status Active
MLS # 260006535
Days on Market 14

Property History

May 22, 2026
Listed for sale
$400,000
Property Overview
Beds 4
Lot Size 0.33 acres
Stories 1
Year Built 1960
Property Type MLF
STR Jurisdiction Washoe County
APN 008-332-04
Parking
Total Parking 10
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Unknown
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $1,135
Schools
Elementary School Booth
Middle School Vaughn
High School Wooster
HOA & Community
Community Amenities None
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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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207