$515,000 Active
625 Grand Canyon Boulevard
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,486 Sq Ft
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About This Property

Stop - you have to see this yard! Located in the vibrant Wells Avenue District, this charming home sits on one of the largest lots on the block at 0.25 acres and is filled with large trees to provide summer shade, multiple fruit trees (white nectarine, Rainier cherry, peach, plum), and a variety of berry bushes (Himalayan blackberry, goji berries, elderberries, strawberries, and multiple varieties of grapes). The backyard is truly the highlight of the property, and also features winding pathways, garden and lawn areas, chicken coop, custom-built storage shed, play structure, automatic drip irrigation and sprinklers, and low-maintenance xeriscaping. This beautiful home perfectly blends historic character with thoughtful updates. Step inside to the striking coved ceilings, old-world textured walls, and original oak flooring. Beyond the living room, the updated kitchen features stainless steel appliances, refinished cabinetry, and cork flooring. Glass doors off the dining room open to a large covered concrete patio and the incredible yard. A permitted addition provides a spacious primary suite with vaulted ceilings, walk-in closet, and a remodeled en-suite bathroom with glass block shower. This room has its own door to the backyard with adjoining pergola. Two additional bedrooms and an updated full bathroom complete the interior. Enjoy almost no NV Energy bill with an owned solar system, along with updated windows, newer water heater, newer central A/C, and main sewer and water lines replaced within the last 2 years! A one-car garage, extra-long driveway, and ample street parking provide plenty of room for vehicles and guests. Within the heart of Midtown, and walking distance to multiple grocery stores, Cinemark theater, and Reno Public Market, this one-of-a-kind property is ready to impress and won't last long!

Listed by Alicia Gardner — Redfin

Listing Details

Status Active
MLS # 260009852
Price/Sq Ft $347

Property History

Jul 31, 2026
Listed for sale
$515,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,486
Lot Size 0.25 acres
Stories 1
Year Built 1950
Property Type Single Family Residence
Subdivision Morton 1
STR Jurisdiction Washoe County
APN 013-421-36
Parking
Garage Spaces 1
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s)
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Masonite
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,067
Schools
Elementary School Veterans
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

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% ($103,000)
Home price
$515,000
Loan details
30-yr fixed, 6.5%
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