$500,000 $525,000 ↓ $25,000 reduced Active
447 Vine Street
Reno, NV 89503
STR Status Unknown

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About This Property

Exceptional investment opportunity in the heart of Reno! Conveniently located just minutes from Downtown Reno, the University of Nevada, Reno, shopping, dining, and major commuter routes. This property offers tremendous potential for investors, flippers, or buyers looking to add value in a highly desirable location. Being sold AS-IS, providing the perfect opportunity to renovate, update, or customize to your vision. The property is currently vacant, making it easy to show and ready for immediate possession. Don't miss this chance to own an investment property in an area with strong demand and excellent long-term potential.

Listed by Polet De Anda — Key Collective

Listing Details

Status Active
MLS # 260006942
Days on Market 131

Property History

Jun 01, 2026
Listed for sale
$525,000
Sep 24, 2026
Price reduced
$500,000 $525,000 ↓ $25,000
Property Overview
Lot Size 0.16 acres
Stories 1
Year Built 1930
Property Type Duplex
Subdivision Western Addition
APN 006-187-03
Parking
Total Parking 2
Parking Features Assigned
Exterior & Lot
Exterior Features None
Lot Features Other
Construction Brick
Roof Composition, Shingle
Foundation Concrete Perimeter
Utilities & Systems
Heating Oil
Financial
Annual Tax $1,500
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
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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

$2,757 per month
Principal & interest
$2,528/mo
Property taxes
$125/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
$104/mo
Estimated ~$1,000–$1,500/yr — get a local broker quote for accuracy.
Down payment
20% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
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