$550,000 Active
3918 W 7th Street
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,908 Sq Ft

About This Property

Nestled in desirable Northwest Reno, this well-maintained 3-bedroom, 2.5-bath home offers 1,908 square feet of comfortable living space on a spacious 0.18-acre lot. Perfect for first-time homebuyers, investors, or those seeking proximity to the University of Nevada, Reno, this property combines functionality, flexibility, and inviting indoor-outdoor living. Step inside to discover an open-concept kitchen and dining area featuring abundant cabinetry, a pantry, generous storage space, and seamless flow for entertaining. Newer carpet adds warmth throughout, while ceiling fans in the primary bedroom, kitchen, and dining area enhance year-round comfort. Downstairs, a versatile bonus room provides endless possibilities as a home office, library, yoga studio, or flex space. Upstairs, all bedrooms offer privacy and comfort, including a spacious primary suite with a skylight in the bathroom, updated shower, double sinks and a tub. The guest bathroom has also been tastefully updated with dual sinks and a modernized shower also. Outside, enjoy exceptional curb appeal with low-maintenance xeriscape landscaping and a charming covered front porch. The expansive paved driveway offers approximately 40' x 10' of extra parking space—ideal for RVs, trailers, toys, or multiple vehicles. The backyard is designed for relaxing and entertaining with lush grass, a newer covered and uncovered deck, plus a brand-new retaining wall and fence creating a fresh outdoor retreat with no rear neighbors. A fantastic opportunity in a convenient Reno location close to UNR, shopping, dining, and recreation.

Listed by Simon Bradbury — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260005746
Days on Market 4
Price/Sq Ft $288

Property History

May 08, 2026
Listed for sale
$550,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,908
Lot Size 0.18 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
APN 001-200-26
Parking
Garage Spaces 2
Total Parking 7
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Rear
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,300
Schools
Elementary School Warner
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373