$695,000 Active Under Contract
442 E 7th Street #1
Reno, NV 89512
STR Status Unknown
4 Beds
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About This Property

Excellent investment opportunity in the heart of Reno! Built in 2020, this newer duplex offers modern construction and a highly convenient central location near the University of Nevada, Reno, Downtown, and Midtown. Each residence features a functional two-story layout. Upon entering, you are welcomed by the kitchen and dining area, a convenient half bathroom, and stairs leading to the upper level. Upstairs features two bedrooms, including a versatile second bedroom that can easily be transformed into a living room or additional lounge space. A loft area provides even more usable space and includes laundry and a wine refrigerator. The upper level also features a full bathroom, while the primary bedroom opens to a private balcony overlooking the surrounding Reno area. With newer construction, flexible living spaces, private outdoor space, and close proximity to UNR, Downtown and Midtown, this property presents an excellent opportunity for investors, owner-occupants, or those looking for a centrally located multi-residence property in Reno.

Listed by Isabel Concha-Foley — Chase International-Damonte

Listing Details

Status Active Under Contract
MLS # 260012257
Days on Market 11

Property History

Sep 23, 2026
Listed for sale
$695,000
Sep 25, 2026
Pending
$695,000
Property Overview
Beds 4
Lot Size 0.03 acres
Stories 2
Year Built 2020
Property Type Duplex
Subdivision Evans Northeast Addition
APN 007-233-06
Parking
Parking Features Alley Access, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
Construction Frame, Wood Siding
Roof Asphalt, Composition, Pitched
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Financial
Annual Tax $3,572
Schools
Elementary School Booth
Middle School Vaughn
High School Wooster
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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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

$3,958 per month
Principal & interest
$3,514/mo
Property taxes
$298/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$146/mo
Estimated ~$1,400–$2,100/yr — get a local broker quote for accuracy.
Down payment
20% ($139,000)
Home price
$695,000
Loan details
30-yr fixed, 6.5%
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