$560,000 Active
1855 Severn Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,666 Sq Ft

About This Property

Welcome to one of Northwest Reno's most desirable neighborhoods. This well-maintained 4-bedroom, 2-bathroom home is a rare find in the area — four bedrooms don't come up often in the Northwest, making this an exceptional opportunity for buyers looking for space without sacrificing location. Step inside and you'll immediately notice the fresh interior paint and brand new flooring downstairs, giving the home a clean, move-in ready feel. The private back yard is ideal to enjoy the beautiful weather Reno has to offer, but location is where this home truly shines. You're just minutes from downtown Reno, with easy access to shopping, dining, and entertainment; everything the city has to offer, while still enjoying the quiet comfort of a tight-knit Northwest neighborhood.

Listed by Calvert Lewis — Haute Properties NV

Listing Details

Status Active
MLS # 260008293
Price/Sq Ft $336

Property History

Jun 27, 2026
Listed for sale
$560,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,666
Lot Size 0.15 acres
Stories 2
Year Built 1977
Property Type Single Family Residence
Subdivision Amended Royal Heights 5
STR Jurisdiction Washoe County
APN 002-502-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,626
Schools
Elementary School Towles
Middle School Clayton
High School McQueen
📊

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% ($112,000)
Home price
$560,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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