$430,000 Active
480 Chickadee Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,380 Sq Ft

About This Property

Set on 2 acres in Lemmon Valley, this property offers endless potential for buyers looking for space, and the opportunity to make it their own. The 1,380 sq ft home features 3 bedrooms, 2 bathrooms, a spacious living area with a brick fireplace, and an additional detached garage/shop. The fully fenced backyard provides plenty of room for pets, recreation, or outdoor living, while the expansive lot offers space for RV parking, equipment, animals, or future improvements. Convenient corner lot location with easy access to Reno, local amenities, and outdoor recreation. Property is being sold as-is with no repairs to be made by the seller. A great opportunity to bring your vision and create something special.

Listed by Kylie Keenan — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260006359
Price/Sq Ft $312

Property History

May 20, 2026
Listed for sale
$430,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,380
Lot Size 2.03 acres
Stories 1
Year Built 1978
Property Type Single Family Residence
Subdivision Heppner 2
APN 080-265-08
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Level
View Desert, Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Propane
Cooling Central Air
Financial
Annual Tax $1,713
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

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% ($86,000)
Home price
$430,000
Loan details
30-yr fixed, 6.5%
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