$339,900
Active Under Contract
540 Cranleigh Drive
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
·
853
Sq Ft
About This Property
Reno's North-Great opportunity for first time Buyers or Investor! Cute-3Bed, 1bath room with large covered patio with included 275 Sqft. garage has been converted as of room. Home is being "Sold as is" . This Property currently occupied by the tenant, property -leased for two year rent (Leases negotiable to-be move out). Close to Shopping, Freeway, School, and University of Nevada, Reno.
Listed by Maruf Akhter — RE/MAX Gold
Listing Details
Status
Active Under Contract
MLS #
250054890
Days on Market
259
Price/Sq Ft
$398
Property History
Aug 21, 2025
Listed for sale
$339,900
Current
Pending
$339,900
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
853
Lot Size
0.14 acres
Stories
1
Year Built
1952
Property Type
Single Family Residence
Subdivision
Sterling Village
APN
008-014-04
Parking
Parking Features
None
Exterior & Lot
Exterior Features
Balcony, Dog Run
Lot Features
Sloped Down
View
Trees/Woods
Roof
Flat, Pitched
Foundation
Slab
Utilities & Systems
Heating
Natural Gas
Financial
Annual Tax
$661
Schools
Elementary School
Sierra Vista
Middle School
Clayton
High School
Hug
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% ($67,980)
Home price
$339,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
