$950,000 $1,045,000 ↓ $95,000 reduced Active Under Contract
2240 S Arlington Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,067 Sq Ft
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About This Property

A level quarter-acre in Old Southwest is the rare part. The updated 2,067 sq ft home on it is the bonus. Set at the end of a private shared drive, this 3-bedroom, 2.5-bath was built in 1985 - so you get the Old Southwest address without a century-old home's surprises. New roof. Vaulted ceilings and a fireplace in a light-filled great room. A kitchen finished to a standard you don't have to apologize for: quartz counters, soft-close cabinetry, induction range, porcelain tile. Outside is where it separates from everything else on the market. 11,674 sq ft of flat, usable ground - mature fruit trees, climbing wisteria, an established grapevine, covered porches front and back, and a firepit built for October evenings. Two-car garage, ample additional parking, custom storage shed. No HOA. Room to add an ADU for rental income, a home office, or family who need their own door. Walk to Washoe Golf Course and Pickleball. Five minutes to Midtown and downtown. Jessie Beck, Swope and Mount Rose K-8 schools.

Listed by Mirie Linton — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260009397
Days on Market 52
Price/Sq Ft $460

Property History

Jul 23, 2026
Listed for sale
$1,045,000
Aug 07, 2026
Price reduced
$995,000 $1,045,000 ↓ $50,000
Aug 31, 2026
Price reduced
$950,000 $995,000 ↓ $45,000
Sep 10, 2026
Pending
$950,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,067
Lot Size 0.27 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 019-081-11
Parking
Garage Spaces 2
Total Parking 6
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Peek
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,366
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 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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