$450,000 Active
575 Claremont Street
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
2,240 Sq Ft

About This Property

Eclectic, walkable, and full of character — this 2-bedroom, 1-bath home puts you steps from everything that makes Midtown and downtown Reno one of the city's most loved neighborhoods. Built in 1972 with 1,120 square feet on the main level, it also offers a finished basement with its own private access and kitchenette — ideal for guests, extended family, a home office, or flexible bonus space. Outside your door, Midtown delivers: locally owned restaurants, coffee shops, breweries, boutiques, and live music, all within an easy stroll. Downtown Reno's Riverwalk, events, and entertainment are just minutes away, giving you the full experience of one of Nevada's most vibrant, creative districts. The location is practical, too — just one block from the VA Sierra Nevada Health Care System, a major convenience for veterans, medical professionals, and anyone who values being close to top healthcare. Whether you're looking for a first home, a Midtown lifestyle base, or a property with flexible living options, this one delivers character and location in equal measure

Listed by Fionn Lee Whittemore — eXp Realty

Listing Details

Status Active
MLS # 260009074
Price/Sq Ft $201

Property History

Jul 16, 2026
Listed for sale
$450,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 2,240
Lot Size 0.07 acres
Stories 1
Year Built 1972
Property Type Single Family Residence
Subdivision Burke'S Addition
STR Jurisdiction Washoe County
APN 013-235-16
Parking
Parking Features None
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Level, Sprinklers In Front
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Other
Utilities & Systems
Heating Natural Gas
Financial
Annual Tax $1,307
Schools
Elementary School Veterans
Middle School Vaughn
High School Wooster
📊

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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