$425,000
Active
411 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.
3
Beds
·
1.0
Baths
·
1,440
Sq Ft
About This Property
Located just minutes from the University of Nevada and Downtown Reno, this centrally located property offers convenience, flexibility, and excellent income potential. The interior has been well maintained and features a functional, comfortable layout with plenty of storage and multiple walk in closets. Being sold fully furnished, this home is move-in ready and well suited for owner-occupants, student housing, or rental use. Easy access to I-80, Midtown, restaurants, entertainment, and campus amenities makes this a great opportunity in the heart of Reno.
Listed by Kris Carrick — LPT Realty, LLC
Listing Details
Status
Active
MLS #
260006390
Price/Sq Ft
$295
Property History
May 21, 2026
Listed for sale
$425,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,440
Lot Size
0.08 acres
Stories
2
Year Built
1924
Property Type
Single Family Residence
Subdivision
Evans Northeast Addition
APN
007-232-35
Parking
Total Parking
3
Parking Features
Parking Pad
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
Mountain(s)
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Financial
Annual Tax
$807
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
