$799,900
Active
400 Claremont Street
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
About This Property
Excellent Investment opportunity with this centrally located 2-unit multifamily Duplex located in midtown reno! Each unit features 2 bedrooms and 1 bathroom. Conveniently situated near schools, airport, schools and shopping centers. This property sits on a generous highly desirable corner lot, offering ample space and parking. Each unit is ready to generate rental income. Don't miss this chance to own a well located income-producing property in the heart of the city..
Listed by Cesar Salmoran — XLNT Properties
Listing Details
Status
Active
MLS #
260009362
Property History
Jul 22, 2026
Listed for sale
$799,900
Property Overview
Beds
4
Lot Size
0.09 acres
Stories
2
Year Built
1980
Property Type
Duplex
Subdivision
Burke'S Addition
STR Jurisdiction
Washoe County
APN
013-232-01
Parking
Total Parking
4
Parking Features
Assigned, Parking Pad
Exterior & Lot
Exterior Features
Balcony, None
Lot Features
Other
Construction
Frame, Wood Siding, Other
Roof
Composition, Shingle
Foundation
Crawl Space
Pool & Spa
Pool
No
Utilities & Systems
Heating
Natural Gas, Wall Furnace
Cooling
Central Air
Financial
Annual Tax
$2,159
Schools
Elementary School
Booth
Middle School
Vaughn
High School
Wooster
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% ($159,980)
Home price
$799,900
Loan details
30-yr fixed, 6.5%
